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Listed by Eric Van Denk • Central Valley Property Advisors
$ 1,990,000
Est. payment | /mo
16,810 SqFt
$ 1,990,000
Est. payment | /mo
16,810 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 16,810 sqft
Price per Sqft $118
MLS Listing ID CRMD25200498
HOA Y/N No
Year Built 1967
Lot Size 0.618 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Exceptional multi-family investment opportunity at 2700 Cornell St, Bakersfield, CA! This well-maintained 17-unit property features a strong and desirable unit mix with sixteen spacious 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit, attracting long-term tenants and maximizing rental appeal. Located in a high-demand rental market, this asset consistently produces strong rental income with low vacancy, supported by Bakersfield's growing population and affordable housing demand. The property has been well cared for and offers cash flow with potential for future rent growth. With its solid income performance and location, this is a prime opportunity for any savvy investor looking to expand their portfolio.
Location
State CA
County Kern
Interior
Fireplace No
Laundry Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745