7000-7001 Paige Elizabeth Lane Bakersfield, CA $ 15,700,000
7000-7001 Paige Elizabeth Lane
$ 15,700,000
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7000-7001 Paige Elizabeth Lane

Bakersfield, CA, 93313
$ 15,700,000
Baths0.0

Monthly Estimate*

$ 109,669

7000-7001 Paige Elizabeth Lane, Bakersfield, CA 93313 - Image 1
Studio

Multi-Family Home for sale in Bakersfield, CA

for $15,700,000. This home was built in 2023.

We are delighted to present for sale this unique opportunity to acquire twenty-six (26) two-home-on-one-lot style Duplexes. The offering features twenty-six (26) three (3) bedroom, two (2) bathroom units, & twenty-six (26) two (2) bedroom, two (2) bathroom units. These duplexes are thoughtfully designed to accommodate a diverse tenant base, offering an attractive unit mix that appeals to families, professionals, and individuals alike. Embrace the future of sustainable living with paid solar panels for each duplex, reducing utility costs for both you and your tenants. Additionally, the implementation of Ratio Utility Billing System (RUBS) for all utilities, including common area PGE, ensures maximum earnings and streamlined operations. Don't miss the opportunity to add this exceptional property to your portfolio, as it seeks to be the highest earning asset you've ever owned. Let CVPA guide you through this unique investment journey.

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Multi-Family Pending

Price

$ 15,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

11 Plus

Year Built

2023

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202401700

Features
Exterior
Parking Features Garage Uncovered
Garages 0
Parking 0.00
Lot Size Units Acres
Lot Size Source (Estimated)
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General
Year Built 2023
Stories 1
Property SubType 11 Plus
Gross Income 1326000.00
County Kern
Net Operating Income 964665.00
Property Type Residential Income
Close Price 0.00
Status Pending
City Bakersfield
Disclosures Call Listing Agent
Total Units 52
MLS Area 52
Lot Size Square Feet 365904.00
Street Name Paige Elizabeth
Days on Market 2
Cap Rate 0.06
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Interior
Street Suffix Lane
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Internal Only
Street Number 1 7000
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* Excluded Features
List By
Esteban Contreras

Listing Agent

Central Valley Property Adviso

Broker

esteban@centralvalleypropertyadvisors.com

Email

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$109,669
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Monthly Principal & Interest
$109,669
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1904930 Elementary School
1905132 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2024$15,700,000 Listed Price

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7000-7001 Paige Elizabeth Lane, Bakersfield, CA, 93313 is a Multi-Family Home for sale at $15,700,000. 7000-7001 Paige Elizabeth Lane is a studio with 0.0 baths and was built in 2023. The property's zip code is 93313 which is in Bakersfield, CA