1701 OWENS Street, Bakersfield, CA 93305
Property · 2 recorded sales since 2020
Sold July 2022
Listing Agent: Arrik Weathers (DRE #01510225) · Listing Office: First Elite · Contact: 310-295-4744 · Bought with: Angela Scurry-Herrera · Redfin Corporation · MLS #22126697 · Source: CRMLS
About this property
Upgraded fourplex with strong cash flow. All units are 2 bedroom 1 bath, have been renovated and are fully occupied. Rents are Unit A: $817, Unit B: $817, Unit C: $802 and Unit D: $875. 3 units are section 8, 1 unit is paid by the Dream Program with the Kern County Housing aAuthority. Rents are stronger than most listed properties in the area and yet there could be room to increase them even more! A rental increase request has been made for unit C at $880 per month with section 8. Units A and B may qualify for increases in the coming months as well. All tenants are on month to month leases. The key systems have been upgraded. Newer roof, plumbing, electrical and water heater. Great investment opportunity that won't last long.
Listing description from the July 2022 sale, as reported to CRMLS.
Sale history
