$3,000,000
For Sale

1320 Flower Street

Bakersfield, CA 93305
0.69 acres | #SR24119490
Listing OfficeSeven Gables Real Estate
Browse 8 photos
Type:Multi-Family
Structure:Unit
Zone:Commercial

Description

Proud to present this amazing opportunity to own this portfolio here on Flower street. Situated just minutes from downtown retail, a diverse array of eateries, this portfolio of 16 units offers unparalleled convenience and lifestyle amenities. Nestled right off the 178 freeway, residents enjoy seamless connectivity to all major routes. Each unit is meticulously designed to cater to contemporary living standards, ensuring comfort and style. The property features secured, gated parking for all tenants, providing peace of mind and ease of access. The area boasts strong demographics and impressive traffic counts, making it a sought-after neighborhood for a wide range of residents. Its proximity to Kern Medical Hospital, just minutes away, enhances the appeal for healthcare professionals and those seeking close access to medical services.This property represents a great value-add opportunity with significant potential for increased returns. The location, combined with the quality of living and community features, makes it an ideal investment for those looking to capitalize on a thriving market.

  • Property Details
      • Lot DescriptionFrontYard, Paved, Yard, Flat
      • Stories2
    • Measurements
      • Acres0.6938
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1984
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyKern
  • Financial Details
      • Original List Price$3,000,000
  • Other
      • MLS #SR24119490

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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