$515,000
$500,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
3737 Soranno Avenue Bakersfield, CA 93309
3,069 SqFt
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,069 sqft
Price per Sqft $167
MLS Listing ID 202503756
Sold Date 06/06/25
Year Built 1969
Property Sub-Type 4 Units
Property Description
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods. Walk-Through will be April 29th from 430pm to 530pm with all offers due by May 1st for seller's review.
Location
State CA
County Kern
Area 52
Exterior
Parking Features Garage, Uncovered
Building
Story 2
Schools
Elementary Schools Stine
Middle Schools Thompson, F. L.
High Schools West
School District Panama-Buena Vista
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Bought with Nik Boone • Ascend Real Estate and Property Management