5712 Stockdale Hwy

5712 Stockdale Highway– This fourplex is in the heart of Southwest Bakersfield about a quarter mile west of the California Ave / Stockdale Hwy intersection.  California Avenue is major office hub and located 2 miles from California State University Bakersfield.  Built in 1969, this building consists of 2 2-bedroom / 1 bath units and 1 3-bedroom / 1.75 bath unit and a 1 bedroom / 1 bath unit. The property has a laundry room and covered parking.  Due to multiple long-term tenants (since 1976) the current rents range from $600 to $750 for an Annual Gross Scheduled income of $31,920.  Based on a rent survey of the area the gross scheduled income should be $44,400