116 Beardsley Avenue, Bakersfield, CA 93308
- $1,300,000
- List Price
- $1,300,000
- Status
- PENDING
- MLS#
- GD26205047
- Year Built
- 1969
- Lot Size
- 19,602
- Acres
- 0.45
- Lot Location
- Walkstreet, Yard
- Days on Market
- 22
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
Rare 14-Unit Investment – All 2 Bed / 1 Bath, Huge Upside! Solid, income-producing complex professionally managed for years with stable, family-focused tenants. Offers major profit potential through deferred maintenance upgrades. Most rents are below market and poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month, unlocking substantial revenue potential. Each unit comes with separate utility meters, and with individual roof-mounted AC/heating units. All units come with a parking, plus at least 2 guest parking spots.
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Additional Information
- Heat
- Central, Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Stucco
- Roof
- Shingle
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 14
- Gross Scheduled Income
- $15,790
- Operating Expense
- 3079
Listing courtesy of Listing Agent: Karine Haneyan (Karinehaneyanjh@gmail.com) from Listing Office: JohnHart Real Estate.
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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.