1820-1880 Quincy St - Apartments FOR SALE


Bakersfield, CA 93305- East Bakersfield
$1,999,999 USD
661-206-2447
1820-1880 Quincy St, Bakersfield, CA for Sale
$1,999,999 USD
Apartments - FOR SALE
1/33
null | 5.09% Cap Rate

1820-1880 Quincy St
Bakersfield, CA 93305
East Bakersfield


OVERVIEW

Vanguard Realty Investments is pleased to present 1880-1820 Quincy Street, an outstanding multifamily investment opportunity in Bakersfield, California. This offering includes a total of 14 apartment units plus a detached single-family home, spanning three parcels. Two of the parcels each contain 7 units, while the third parcel features a standalone 2-bedroom, 1-bathroom home. The property offers a highly desirable unit mix consisting of (13) two-bedroom units and (2) one-bedroom units, along with the house, creating flexibility and broad tenant appeal. The total rentable square footage is approximately 11,202 SF. The property is professionally managed by a local firm, providing investors with turnkey operations from day one. Significant upside remains through the continued stabilization of rents and unit turnover, allowing a new owner to unlock increased cash flow and long-term value. Additional income is generated through an on-site laundry facility, enhancing overall returns. Strategically located near major employers, schools, and transportation corridors, Quincy Street benefits from strong rental demand and accessibility. Whether you are a seasoned investor or seeking to add a high-potential asset to your portfolio, 1880-1820 Quincy Street offers a rare opportunity to acquire a stabilized, income-producing property with room to grow.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$179 USD /SF

# OF UNITS

15

PRICE/UNIT

$133,333

CAP RATE

5.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

R-3

APN/PARCEL ID

138-031-11-00-2

ASK ABOUT THIS PROPERTY

Esteban ContrerasVanguard Realty InvestmentsMore Info
661-206-2447

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Esteban ContrerasVanguard Realty InvestmentsMore Info
661-206-2447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.