$1570900 Price Analysis 2410 S M StBakersfield, CA 93304 0 bed None bath 7144 SqFt ($219/SqFt) 0.39 acre lot. Built 1984 Listed 2024-07-12, Taxes $25153 | Ⓧ USDA Ineligible due to price & location near Bakersfield |
Inc. is pleased to exclusively present 2410 S. M Street, a twenty-unit multifamily investment property in Bakersfield, California. On the market for the first time in 20 years, The M Street Apartments are located three minutes frm the Bakersfield Municipal Airport and 1 hour and 20 minutes from The City of Los Angeles. Constructed in 1984, the 20-unit 7, 144 square foot building sits on a 16, 988 square foot lot.
50% of the gross revenue is government subsidized via HUD and CalVet, providing the new owner security of cash flow. The property has a unit mix of 20 studio/1 bath units with an uncovered parking lot and serviced by three central water heaters. The roofs on both buildings have also been replaced within the last 24 months. The M Street apartments are a true value-add investment opportunity for an astute investor looking for a hedge against inflation. Please contact listing agents for more information.
Presented by Manny Nunez at
CB Richard Ellis, Inc.
Property MLS #24-414483 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $782000 + $138000 $920000 | $25153 |
2021 | $782000 + $138000 $920000 | $23796 |
2020 | $782000 + $138000 $920000 | $23214 |
2019 | $782000 + $138000 $920000 | $22617 |
2018 | $782000 + $138000 $920000 | $25419 |
2017 | $782000 + $138000 $920000 | $24777 |
2016 | $435200 + $76800 $512000 | $9731 |
2015 | $470000 + $50000 $520000 | $9901 |
2014 | $470000 + $50000 $520000 | $9782 |
2013 | $470000 + $50000 $520000 | $9894 |
2012 | $470000 + $50000 $520000 | $9997 |
2011 | $470000 + $50000 $520000 | $9958 |
2010 | $841660 + $105868 $947528 | $14864 |
2009 | $843660 + $106120 $949780 | $14926 |
2007 | $827118 + $104040 $931158 | $14044 |
2006 | $810900 + $102000 $912900 | $13367 |
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.