929 E Brundage Lane Bakersfield, CA $ 1,640,000
929 E Brundage Lane
$ 1,640,000
Share Save

929 E Brundage Lane

Bakersfield, CA, 93307
$ 1,640,000
Baths0.0 Sq 9,512

Monthly Estimate*

$ 11,456

929 E Brundage Lane, Bakersfield, CA 93307 - Image 1
929 E Brundage Lane, Bakersfield, CA 93307 - Image 2
929 E Brundage Lane, Bakersfield, CA 93307 - Image 3
929 E Brundage Lane, Bakersfield, CA 93307 - Image 4
929 E Brundage Lane, Bakersfield, CA 93307 - Image 5
929 E Brundage Lane, Bakersfield, CA 93307 - Image 6
Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,640,000. This 9,512 square foot home was built in 1940.

We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located @ 929 E Brundage Ave in Bakersfield CA 93307. The offering has significant value-add potential with all 1 bedroom, 1 bath units, & recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!

See more

Multi-Family Active

Price

$ 1,640,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

11 Plus

Year Built

1940

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202403263

Features
Exterior
Parking Features Uncovered
Garages 0
Parking 0.00
Lot Size Units SqFt
Lot Size Source (Public Record)
See more
General
Year Built 1940
Neighborhood Martin Luther King
Subdivision Industrial Acres
Stories 1
Property SubType 11 Plus
Gross Income 180240.00
County Kern
Net Operating Income 102060.00
Property Type Residential Income
Close Price 0.00
Status Active
High School Mira Monte
City Bakersfield
Disclosures None of the Above
Total Units 18
MLS Area 41
Lot Size Square Feet 35283.00
Street Name Brundage
Elementary School Fremont_Bak
Middle/Junior High School Chipman
Days on Market 41
Elementary School District Bakersfield City
Cap Rate 0.06
See more
Interior
Street Suffix Lane
See more
Internal Only
Street Number 1 929
See more
* Excluded Features
List By
Esteban Contreras

Listing Agent

Central Valley Property Adviso

Broker

esteban@centralvalleypropertyadvisors.com

Email

Affordability Calculator

$11,456
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,456
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1904760 Elementary School
1905049 Middle School
Mira Monte High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2024$1,640,000 Listed Price

Map


See all

929 E Brundage Lane, Bakersfield, CA, 93307 is a Multi-Family Home for sale at $1,640,000 with 9,512 sqft. 929 E Brundage Lane is a studio with 0.0 baths and was built in 1940. The property's zip code is 93307 which is in Bakersfield, CA