About This Home
This 0-bedroom, 0-bathroom residential multi family at 1010 Beale Avenue in Bakersfield, CA is listed for $1,744,000 ($151 per sqft). Built in 1986, the home offers 11,520 sqft of living space on a 0.46 acres lot.
Key Features
- Built in 1986
- 0.46 acre lot
- 2 stories
Property Details
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
Monthly Cost Estimate
$9,327/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1010 Beale Avenue
Bakersfield, CA 93305
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1010 Beale Avenue is listed at $1,744,000 ($151/sqft). The estimated monthly payment is $9,328 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1986, 0.46 acre lot, 2 stories.
This property is listed by Eric VanDenk and can be reached at 6613760575x1.