329 McCord Ave, Bakersfield, CA, CA 93308

$1,050,000

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List Price
$1,050,000
Price Change
▲ $51,000 1785117727
Status
ACTIVE
MLS#
SR26108898
County
Kern
Year Built
1941
Building Square Feet
4,494
Square Feet
60,548
Days on Market
73
Property Type
Multifamily

Property Description

Prime Investment Opportunity: 1.39-Acre Income-Producing Multifamily Compound! Unlock massive cash flow with this unique, fully occupied residential compound sitting on a rare 1.39-acre lot. Zoned R2, this sprawling property features four separate residential structures, premium security gates, and park-like grounds, making it the ultimate addition to your real estate portfolio. Total Units: 6 units across 4 structures offering maximum privacy. 2 Enhanced security Gates, Fully enclosed perimeter provides peace of mind and privacy. Abundant Parking to accommodate tenants and guess vehicles. Whether you are looking to execute a buy-and-hold strategy, looking for a multi-family generational compound, or exploring future development potential on the massive acreage, this property delivers unmatched versatility.

Additional Information

Parcel Number
11426041005
Gross Scheduled Income
$9,210
Operating Expense
2722
Net Operating Income
$6,487
Number of Buildings
4
Lot Features
Garden
Security Features
Gated Community
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central
Cooling
Yes
Roof
Shingle
Sewer
Public Sewer
Water
Public
Community Features
Urban, Gated

Listing courtesy of Listing Agent: Rosie Paez (rosapaez421@gmail.com) from Listing Office: OG Realty Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.