$675,000
$699,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
3,120 SqFt
SOLD DATE : 12/16/2025
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $216
MLS Listing ID 202512443
Sold Date 12/16/25
Year Built 1950
Property Sub-Type 5 - 10 Units
Property Description
Introducing 1914 16th Street, an exceptional value-add multifamily opportunity featuring seven units three 1-bed/1-bath units and four studios totaling approximately 3,120 sq. ft. Built in 1950, the property has benefited from recent capital improvements including new 40-year roofs on both buildings, fresh exterior paint, upgraded wrought iron and block fencing, and new windows in one updated unit, enhancing both appeal and durability. With rents ranging from $515 to $1,195 and an attractive price of only $99,857 per unit ($699,000 asking price), this asset offers strong upside potential in income growth. A rare, well-maintained investment with immediate value and future return opportunity.
Location
State CA
County Kern
Area 10
Exterior
Parking Features Other
Building
Story 1
Schools
Elementary Schools Franklin
Middle Schools Emerson
High Schools Bakersfield
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Bought with Alicia M Angelini • Miramar International Calloway
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