2117 G St - Apartments FOR SALE


Bakersfield, CA 93301- Downtown Bakersfield
$649,999 USD
661-206-2447
2117 G St, Bakersfield, CA for Sale
$649,999 USD
Apartments - FOR SALE
1/4
null | 5.7% Cap Rate

2117 G St
Bakersfield, CA 93301
Downtown Bakersfield


OVERVIEW

We are pleased to present 2117 G Street, a beautifully upgraded 4-unit multifamily property located in the heart of Downtown Bakersfield, just blocks from the historic Fox Theatre and the vibrant Padre Hotel. This asset features four spacious 1-bedroom, 1-bathroom units, three of which have already been remodeled with modern interior finishes, along with plumbing and electrical upgrades. The property benefits from strong in-place cash flow, supported by recent capital improvements and increasing renter demand in this central Bakersfield location. With much of the heavy lifting already done, 2117 G offers a plug-and-play path to full stabilization and increased rental income, leaving only minimal effort for the final unit to be turned. Whether you're a seasoned investor or looking to enter the multifamily space with a low-maintenance, high-upside property, this is a rare opportunity to acquire a turnkey asset in a growing rental market.

FOR SALE DETAILS

PRICE

$649,999 USD

PRICE/SF

$271 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,944 SF

ZONING

C-C

APN/PARCEL ID

003-222-07-00-3

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.