10
See all 10 photos
$469,999
Est. payment /mo
2,397 SqFt
Price Dropped by $10K
12119 Edison Highway Bakersfield, CA 93307
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Key Details
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,397 sqft
Price per Sqft $196
MLS Listing ID 202512718
Year Built 1942
Property Sub-Type 5 - 10 Units
Property Description
Exceptional investment opportunity in Bakersfield! Located at 12119 Edison Hwy, this fully tenant-occupied 5-unit multi-family property generates just under $5,000/month in gross rents, offering strong cash flow from day one. Priced at $479,999.00 featuring (1) 2 bed 1 bath house and (4) 1 bed 1 bath houses totaling approximately 2,397 sq. ft. Current rents range from $690 to $1,250 generating a gross scheduled income of $58,392 per year, with significant upside potential as rents are well below market. This income-producing asset features long term tenants, solid rental history, and immediate returns. A perfect addition to any growing portfolio in a consistently high-demand rental market with excellent potential for continued value growth.
Location
State CA
County Kern
Area 43
Exterior
Parking Features Uncovered
Building
Story 1
Schools
Elementary Schools Orangewood
Middle Schools Edison
High Schools Mira Monte
School District Edison
Listed by Moiz Lakdawala • Keller Williams Realty
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