Bakersfield, CA 93309,3925 Soranno Avenue
$530,000
Est. payment /mo
$575,000
7.8%
Est.Price: ?

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8 Beds
4 Baths
7,405 Sqft Lot
SOLD DATE : 01/27/2022

Key Details

Sold Price $530,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-9392

Sold Date 01/27/22

Bedrooms 8

HOA Y/N No

Lot Size 7,405 Sqft

Property Description

This Southwest Bakersfield 4-plex near Akers and Ming is a great investment opportunity. Each 2 bedroom, 1 bathroom unit has a private patio, laundry hookups plus a separate garage (Units A & C have attached garages with direct access as well as fireplaces). Unit A was recently renovated. Some of the units are currently rented below market value and their rent can be significantly increased. There is tile flooring or luxury vinyl plank throughout most of each unit (except the bedrooms) for easy maintenance. Two units have been vacated recently so that, upon close of escrow, you can set the rent at market rates which are higher than they've been historically.
This Southwest Bakersfield 4-plex near Akers and Ming is a great investment opportunity. Each 2 bedroom, 1 bathroom unit has a private patio, laundry hookups plus a separate garage (Units A & C have attached garages with direct access as well as fireplaces). Unit A was recently renovated. Some of the units are currently rented below market value and their rent can be significantly increased. There is tile flooring or luxury vinyl plank throughout most of each unit (except the bedrooms) for easy maintenance. Two units have been vacated recently so that, upon close of escrow, you can set the rent at market rates which are higher than they've been historically.

Location

State CA

County Kern

Area Bakersfield (93309)

Zoning Public Rec

Interior

Cooling Central Forced Air

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash, Conventional, FHA

Space Rent $950

Listing Terms Cash, Conventional, FHA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by William Gordon • Watson Realty
Bought with MANUEL VASQUEZ • Southland Real Estate Group Inc.

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agent

Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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