2325 Chester Lane Bakersfield, CA ^$ 1,800,000

2325 Chester Lane

^$ 1,800,000

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2325 Chester Lane

Bakersfield, CA, 93304

^$ 1,800,000

Studio Baths0.0 Sq 7,280

Monthly Estimate*

^$ 12,574

2325 Chester Lane, Bakersfield, CA 93304 - Image 1

2325 Chester Lane, Bakersfield, CA 93304 - Image 2

2325 Chester Lane, Bakersfield, CA 93304 - Image 3

2325 Chester Lane, Bakersfield, CA 93304 - Image 4

2325 Chester Lane, Bakersfield, CA 93304 - Image 5

2325 Chester Lane, Bakersfield, CA 93304 - Image 6

Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,800,000. This 7,280 square foot home was built in 1947.

Introducing an enchanting fourteen-unit cottage-style apartment complex for sale. Comprising fourteen (14) one-bedroom, one-bathroom units, set on a 27,007 sq.ft. lot with 7,280 sq.ft. of gross rentable space. The majority of units underwent renovations in 2021 and has plenty of room for rental increases. Nestled in Bakersfield's coveted downtown, these cottages promise low vacancy rates. Don't let this chance slip away to own a slice of the picturesque and historic Oleander Community!

Multi-Family Active

Price

^$ 1,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

11 Plus

Year Built

1947

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202403022

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 0.00

Lot Size Units SqFt

Lot Size Source (Public Record)

General

Year Built 1947

Neighborhood Oleander

Subdivision Chester Tract

Stories 2

Property SubType 11 Plus

Gross Income 159996.00

County Kern

Net Operating Income 105255.00

Property Type Residential Income

Close Price 0.00

Status Active

High School Bakersfield

City Bakersfield

Disclosures Call Listing Agent

Total Units 14

MLS Area 10

Lot Size Square Feet 27007.00

Street Name Chester

Elementary School Penn William

Middle/Junior High School Curran

Days on Market 33

Elementary School District Bakersfield City

Cap Rate 0.06

Interior

Street Suffix Lane

Internal Only

Street Number 1 2325

* Excluded Features

List By

Esteban Contreras

Listing Agent

Central Valley Property Adviso

Broker

esteban@centralvalleypropertyadvisors.com

Affordability Calculator

$12,574

Per Month

Monthly Principal & Interest: $12,574
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 ^$859,881

Percent of Sale Price 52%

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.

1905000 Elementary School

1904575 Middle School

Bakersfield High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/29/2024	$1,800,000		Listed Price

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2325 Chester Lane, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $1,800,000 with 7,280 sqft. 2325 Chester Lane is a studio with 0.0 baths and was built in 1947. The property's zip code is 93304 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 5/2/2024. 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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2325 Chester Lane

Multi-Family Home for sale in Bakersfield, CA

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