2508 Ashe Road, Bakersfield, CA 93309
- $850,000
- List Price
- $850,000
- MLS#
- CRGD26191747
- Status
- ACTIVE
- Lot Size
- 13,503
- Listing Area
- Bksf - Bakersfield
- Year Built
- 1978
Property Description
2508 Ashe Road is a well maintained five-unit multifamily property in a desirable Southwest Bakersfield location. Built in 1978, the property is in good condition and has a stable, reliable tenant mix. Vacant units rent very fast given the desirable area and central location. The unit mix includes four 2- bedroom x1bath units and one 3-bedroom unit. Each unit has in-unit laundry, central heating, and air conditioning. The property also includes five separate garages, with one garage attached to the three bedroom unit. Some rents are below market, providing a clear opportunity to increase income. California generally permits annual rent increases of 5% plus inflation, up to a maximum of 10%, where applicable. This is a strong income producing property with good tenants, desirable features, and room for future rental growth.
Additional Information
- Cooling System
- Central AC
- Garage Parking
- Garage
- Heating System
- Central Forced Air
- Laundry Facilities
- Other
- Lot Size
- 13,503
- Neighborhood
- Bksf - Bakersfield
- Pool Description
- None
- Unincorporated Yn
- Yes
Listing courtesy of Karine Haneyan, 818-445-8900 from JohnHart Real Estate
(If provided) CoList: David Hartunian from JohnHart Real Estate
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