2207 Monterey Street Bakersfield, CA ^$ 420,000

2207 Monterey Street

^$ 420,000

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2207 Monterey Street

Bakersfield, CA, 93306

^$ 420,000

Studio Baths0.0 Sq 1,920

Monthly Estimate*

^$ 2,934

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $420,000. This 1,920 square foot home was built in 2020.

Discover a modern duplex built in 2020,which makes it excempt from Rent Control Laws, featuring 3 bedrooms and 2 bathrooms in each unit, complete with convenient inside laundry facilities. Currently, rents are significantly below market due to long-term, responsible tenants, presenting a prime opportunity for immediate rental income growth. This property offers flexibility as an ideal investment; you can choose to live in one unit and rent out the other for additional income or capitalize on both units as rental properties. Furthermore, it qualifies for all types of Financing including FHA, making it an accessible option for those looking to dive into real estate investment or find a unique living situation. Don't miss out on this versatile property with untapped income potential.see it today!!

Multi-Family Active

Price

^$ 420,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Year Built

2020

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202401882

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 4.00

Lot Size Units SqFt

Lot Size Source (Public Record)

General

Year Built 2020

Neighborhood Pioneer

Subdivision East Nile Tract Extended

Stories 1

Property SubType Duplex

Gross Income 24840.00

County Kern

Net Operating Income 18940.00

Property Type Residential Income

Close Price 0.00

Status Active

High School East

City Bakersfield

Disclosures None of the Above

Total Units 2

MLS Area 32

Lot Size Square Feet 6969.00

Street Name Monterey

Elementary School Mann Horace

Middle/Junior High School Stiern Walter

Days on Market 57

Elementary School District Bakersfield City

Cap Rate 0.05

Interior

Street Suffix Street

Internal Only

Street Number 1 2207

* Excluded Features

List By

Efrain Bobadilla

Listing Agent

Agentcor-Big Block Realty

Broker

efrainbobadilla@gmail.com

Affordability Calculator

$2,934

Per Month

Monthly Principal & Interest: $2,934
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$839,646

Percent of Sale Price 100%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1905168 Elementary School

1904859 Middle School

East High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/28/2024	$420,000		Listed Price

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2207 Monterey Street, Bakersfield, CA, 93306 is a Multi-Family Home for sale at $420,000 with 1,920 sqft. 2207 Monterey Street is a studio with 0.0 baths and was built in 2020. The property's zip code is 93306 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 4/25/2024. 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.

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2207 Monterey Street

Multi-Family Home for sale in Bakersfield, CA

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