19 Leased Single Family Homes
Bakersfield, CA 93305

Bd   — Ba   21,217 Sqft
PRICE REDUCTION! We are pleased to present for sale a single-family home portfolio with very strong/steady cash flow and stable tenants located in Bakersfield, California. This portfolio is comprised of 19 fully leased homes with an actual 6.7% cap rate and presents an exciting and rare opportunity for an investor who sees the significant and immediate upside in a non-rent controlled market coupled with more aggressive management. The 19 homes are comprised of 21,217 combined square feet of building and are situated on 129,803 combined square feet of land. The homes are within close proximity of one another, allowing for easy management and maintenance. These desirable neighborhoods are located close to a large Bakersfield employment base generated by oil, retail, office, restaurants, bars and entertainment venues.
  • Zipcode: 93305
  • Days on Movoto: 77
  • Year Built:
  • HOA:
  • $/Sqft: $113
  • Lot: 2.98 Acres
  • Property Type: Single Family
  • MLS#: 16149810
  • MLS:
  • Listing Office: Kohan & Associates Real Estate
  • Listing Broker: Eddie Kohan
  • Movoto last checked CRMLS for new data 5 hours ago
  • CRMLS last updated this listing 2 days ago

Home Features for 19 Leased Single Family Homes , Bakersfield

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Real Estate Market Statistics of 19 Leased Single Family Homes , Bakersfield

Bakersfield, California

Total Inventory For Sale

1792 Homes

-1% m/m +2615% y/y

Median List Price


0% m/m +17% y/y

Median Days On Market

53 Days

+1% m/m -18% y/y

Median House Size

1,796 Sqft

0% m/m +12% y/y

Median Price Per Square Foot

$128 /Sqft

0% m/m +8% y/y

Median Price

As of today, there are 118 properties listed for sale in ZIP code 93305 and 1,792 properties listed for sale in the city of Bakersfield, CA. This property at 19 Leased Single Family Homes in 93305 is currently listed for $2,390,000. This is 896% above the $240,000 median price for Bakersfield and 1548% above the 93305 median of $145,000. Of the 1,792 properties for sale in Bakersfield, 1,786 are single family homes and 6 are condos. 19 Leased Single Family Homes is a single family home that is approximately 21,217 Sqft, 1081% above the Bakersfield median of 1,796 and 1420% above the 93305 ZIP code median of 1,396. The price per square foot is $113, which is 5% above the median price in 93305 of $108 and 12% below the Bakersfield median of $128 per Sqft.

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This single family house at 19 Leased Single Family Homes is approximately 21,217 square feet and comes with 33 parking spots. It is listed on 08/07/2016 for $2,390,000 with a cost per Sqft of $113.

19 Leased Single Family Homes has been on the market for 77 days. The median days on the market for properties in this area is 53 with a median list price of $240,000 and median cost per square foot of $128. It's currently listed as active under the MLS #16149810.

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