2521 Bishop, Bakersfield, CA 93306

$2,775,000
6,137
SqFt
List Price
$2,775,000
MLS#
202001628
Status
ACTIVE
Type
Multifamily
SubType
11 Plus
City
Bakersfield
Area
Northeast
County
Kern
Living Area
6,137
Year Built
1963
Lot Size
15,797

Property Description

30 units located in the upper NE Bakersfield submarket within walking distance to Bakersfield Junior college with enrollment of 19,428 students. The property is also one block from the Panorama Bluffs park which is one of the most popular recreation areas in NE Bakersfield. 2521-27 & 2601 Bishop were built between 1960-1964. These two side by side buildings consists of (25) 2-bedroom units and (5) 1-bedroom units. The current owners have done a nice job maintaining this property for the enjoyment of the residents. The rents range from $600-$800 and appear to have upside potential in the low 3.25% vacancy rate currently enjoyed amongst Bakersfield landlords.

Additional Information

Stories
2

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Courtesy of Marc A Thurston with ASU Commercial

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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