$850,000
2508 Ashe Road is a well maintained five-unit multifamily property in a desirable Southwest Bakersfield location. Built in 1978, the property is in good condition and has a stable, reliable tenant mix. Vacant units rent very fast given the desirable area and central location. The unit mix includes four 2- bedroom x1bath units and one 3-bedroom unit. Each unit has in-unit laundry, central heating, and air conditioning. The property also includes five separate garages, with one garage attached to the three bedroom unit. Some rents are below market, providing a clear opportunity to increase income. California generally permits annual rent increases of 5% plus inflation, up to a maximum of 10%, where applicable. This is a strong income producing property with good tenants, desirable features, and room for future rental growth.
Listed by Karine Haneyan with JohnHart Real Estate
MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
GD26191747
Year Built
1978
Building Size
4,659 sq ft
Units
5
Lot Size
0.31 acres
Click to interact with map
Photo coming soon
2321 B, Bakersfield
Listed by Eric VanDenk with Central Valley Property Adviso
Photo coming soon
1018 Miller, Bakersfield
Listed by Eric VanDenk with Central Valley Property Adviso
Photo coming soon
2801 Morin Ct, Bakersfield
Listed by Rockie Mitchell with eXp Realty of California Inc
Photo coming soon
308 Chester, Bakersfield
Listed by Veronica Alcazar with eXp Realty of Greater Los Angeles, Inc.
Photo coming soon
2112 C St, Bakersfield
Listed by Eric VanDenk with Central Valley Property Adviso
Photo coming soon
2124 22nd, Bakersfield
Listed by Eric VanDenk with Central Valley Property Adviso
Photo coming soon
1300 Stockton, Bakersfield
Listed by Yehia Zakaria with Century 21 Jervis & Associates
Photo coming soon
237 Dr Martin Luther King Jr, Bakersfield
Listed by Veronica Alcazar with eXp Realty of Greater Los Angeles, Inc.
