2205 Westholme Blvd

11-23-2022
11-23-2022

2205 Westholme Blvd, Bakersfield, CA 93309

Property Description

Marcus and Millichap are pleased to have been chosen to Exclusively Represent for Sale this Four-plex in the most desirable Southwest part of Bakersfield. This (4) Unit Multi-Family complex is located at 2205 Westholme Boulevard Bakersfield, CA 93309. APN: 355-280-07-00-0. These units total 4,345 SF of building area sitting on a 12,196 SF lot.

The property has (4) highly desirable rental units. There are (1) 3 Bed / 2 Bath and (3) 2 Bed / 1 Bath units. Each unit has a kitchen, living room, hookups for laundry, and a 2-space car garage. Each unit is separately metered for gas and electricity. Each unit contains HVAC.

These units are new to the market and are a great investment property. They are located in one of Bakersfield’s strongest and highest rental markets in a highly sought-after area. Rarely does an investment opportunity open in this area. If it does, the property is sold quickly. This geographic location is near schools and retail centers with easy access on/off the freeways. With its convenient location in Bakersfield, you are in the vicinity of a very large rental pool.

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
2-4 Units
Price
$ 700,000
No. of Units
4
Cap Rate
5.53%
GRM / GIM
12.68
Year Built
1977
Building Size
4,345 Sq ft
Lot Size
0.28 acres
No. of Stories
1
Opportunity Zone
No
Price per unit
$ 175,000
View broker details
Sign in to use the inquiry form

35.334674, -119.065584

Similar Properties in the area