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$799,000   Price Analysis
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7900 N Laurelglen Blvd
Bakersfield, CA 93309
Unknown bed None bath 4,680 SqFt ($170/SqFt)
0.3 acre lot. Built 1978
Listed 2024-05-18		Ⓧ USDA Ineligible
due to price & location
near Bakersfield

7900 N Laurelglen Blvd- Located at 7900 North Laurelglen Blvd in Bakersfield

* Sale Pending *

California, this property, priced at $799, 000, presents a lucrative investment o pportunity. Built in 1978, the complex comprises four units: one 3-bedroom, 1.75-bath unit and three 2-bedroom, 1.75-bath unts.

Each unit is equipped with its own garage and laundry hookups, offering convenience and appeal to potential tenants. The property generates a gross scheduled income of $62, 400, making it an attractive option for investors seeking a steady income stream in a desirable location.


Presented by Marc Thurston at
ASU Commercial.


Property MLS #202404893 from Bakersfield

Cooling Features: Central AC, Central Heat
Heating Features: Central AC, Central Heat
Central AC
Central Heat

Lot Dimensions Source: SqFt
Lot Size Acres: 0.3
Lot Size Source: (Public Record)
Lot Size Square Feet: 13068

Garage Spaces: 4
Garage Description: Garage, Uncovered
Parking Features: Garage, Uncovered

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: McAuliffe, C.
Elementary School District: Panama-Buena Vista
High School: Stockdale
Middle School: Tevis

Laurelglen Elementary School is a public elementary school located approximately 0.2 miles away.
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Tevis Junior High School is a public middle school located approximately 1 miles away.
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Bakersfield High School is a public high school located approximately 4.4 miles away.
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Valley Achievement Center is a private middle and high school located approximately 0.4 miles away.
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Number of Units: 4

Number of Units Vacant: 3
Vacancy Allowance: 3

City Region: Bakersfield
Source Listing Status: Pending
County: Kern
Cap Rate: 0.05
Source Property Type: ResidentialIncome
Area: 52
Source Neighborhood: 52
Postal Code Plus 4: 5302
Property Subtype: 4 Units
Source System Name: C2C

Price Changed 2024-05-21
$799,000
Bakersfield
Listed 2024-05-18
$850,000
Bakersfield

Net Operating Income: 38528

Total Square Feet Living: 4680
Year Built: 1978
Property Age: 46
Levels or Stories: 1

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.