8613 Frankie Lou Street Bakersfield, CA ^$ 615,000

8613 Frankie Lou Street

^$ 615,000

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8613 Frankie Lou Street

Bakersfield, CA, 93314

^$ 615,000

Studio Baths0.0

Monthly Estimate*

^$ 4,296

8613 Frankie Lou Street, Bakersfield, CA 93314 - Image 1

Studio

Multi-Family Home for sale in Bakersfield, CA

for $615,000. This home was built in 2023.

We are thrilled to present a unique offering of this brand new duplex representing the epitome of Class A real estate in North West Bakersfield. Boasting an attractive unit mix of three (3) and two (2) bedrooms, this investment promises outstanding returns and caters to a diverse tenant base, making it perfect for any type of investor. Thoughtfully designed to exude modern luxury and functionality, these duplexes offer an unparalleled living experience for families, professionals, and individuals alike. Located in a prime part of Bakersfield, this offering guarantees high demand and consistent occupancy rates, ensuring a steady income stream.

Multi-Family Pending

Price

^$ 615,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Year Built

2023

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202402981

Features

Exterior

Parking Features Garage

Garages 0

Parking 0.00

Lot Size Units SqFt

Lot Size Source (Builder)

General

Year Built 2023

Stories 1

Property SubType Duplex

Gross Income 48600.00

County Kern

Net Operating Income 36450.00

Property Type Residential Income

Close Price 0.00

Status Pending

City Bakersfield

Disclosures None of the Above

Total Units 2

MLS Area 62

Lot Size Square Feet 7135.00

Street Name Frankie Lou

Days on Market 4

Cap Rate 0.06

Interior

Street Suffix Street

Internal Only

Street Number 1 8613

* Excluded Features

List By

Esteban Contreras

Listing Agent

Central Valley Property Adviso

Broker

esteban@centralvalleypropertyadvisors.com

Affordability Calculator

$4,296

Per Month

Monthly Principal & Interest: $4,296
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 ^$828,695

Percent of Sale Price 35%

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.

1904930 Elementary School

1905132 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$615,000		Listed Price

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8613 Frankie Lou Street, Bakersfield, CA, 93314 is a Multi-Family Home for sale at $615,000. 8613 Frankie Lou Street is a studio with 0.0 baths and was built in 2023. The property's zip code is 93314 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 4/1/2024. 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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8613 Frankie Lou Street

Multi-Family Home for sale in Bakersfield, CA

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