Dolores Fourplex

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Located in Bakersfield’s East Submarket, this fourplex property’s longterm owner is retiring. The pride of ownership is clear to see in the 2-bed / 1-bath units, three of which have been rehabbed recently. Tenants enjoy carport parking, laundry hookups, fenced patios and close proximity to major byways and local attractions. One tenant has lived there for over 20 years. This area offers strong demand for rental properties, due to the the close proximity of two primary schools, a major community park and county service offices including the Kern County Probation Department and the Kern County Library. Rent range $650-$675.

Price:$295,000
Units4
Unit Mix2 Bed / 1 Bath
Net Operating Income18,888
Cap Rate6.4%
Gross Rent Multiplier9.19
Address:928 Dolores Street
City:Bakersfield
County:Kern
State:California
Zip Code:93305
Year Built:1971
Floors:1
Bedrooms:2
Bathrooms:1
Garage:Carports
Property Type:Fourplex- Multi family
Fencing:Fully Fenced Private Patios
Heat/Cool:Coolers/ Wall heaters
Parking:Carport
Laundry:Hookups

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