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$ 1,700,000
Est. payment | /mo
10,980 SqFt
$ 1,700,000
Est. payment | /mo
10,980 SqFt
Key Details
Property Type Commercial
Sub Type 11 Plus
Listing Status Active
Purchase Type For Sale
Square Footage 10,980 sqft
Price per Sqft $154
MLS Listing ID 202507547
Year Built 1970
Property Sub-Type 11 Plus
Property Description
Offered at $1,700,000, 5201 Demaret is a well-maintained 16-unit apartment complex located in Southwest Bakersfield near the California Avenue office corridor and major retail centers. Built in 1970 and totaling approximately 10,980 square feet, the property generates a gross scheduled income of $181,860 annually. The seller has cared for the building to a high standard, including recent exterior paint and ongoing upkeep. This asset presents an attractive opportunity for investors seeking cash flow in a strong rental submarket
Location
State CA
County Kern
Area 52
Exterior
Parking Features Uncovered, Other
Building
Story 2
Schools
Elementary Schools Van Horn, Wayne
Middle Schools Thompson, F. L.
High Schools West
School District Panama-Buena Vista
Listed by Marc A Thurston • ASU Commercial
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