132 Ohio Drive

Bakersfield, CA 93307

$949,000

List Price

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bed Beds

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1929

calendar_month Built

Property Description

Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants. The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal. With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.

Listing Information

List Price $949,000
Status Active
MLS SR24234764
Type Residential Income
Subtype Quadruplex
Year Built 1929
Lot Size 24,624
Structure Size N/A
Courtesy Of Mamdouh Elalami
Listing Agent Seven Star Properties DRE#01750791

Interior Features

Laundry Information
Location(s) Washer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Seven Star Properties, Mamdouh Elalami . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 15th, 2024 at 8:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.