1010 Beale Avenue presents an attractive value-add multifamily investment opportunity in Bakersfield, California, consisting of sixteen (16) spacious 2-bedroom, 1-bathroom units situated on approximately 0.46 acres. The property benefits from a highly desirable workforce housing unit mix that continues to experience strong rental demand throughout the Bakersfield market. With current gross annual income exceeding $195,000, the asset provides investors with immediate cash flow while maintaining potential for future rent growth and operational efficiencies. The gated community features onsite laundry facilities, ample parking, and a proven rental history, making it well-positioned to attract and retain long-term tenants. Located near Downtown Bakersfield, major employment centers, schools, and transportation corridors, 1010 Beale Avenue offers investors the opportunity to acquire a stabilized multifamily asset with strong in-place income, durable tenant demand, and long-term appreciation
20 days
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140
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9
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Zillow last checked:
Listing updated:
Listed by:
Eric VanDenkDRE #02071696661-376-0575x1eric@centralvalleypropertyadvisors.com,
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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