5920 Stockdale , #1

    Bakersfield, CA 93309
    • $1,785,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: PW18272628
    UPDATED: 49 min ago
    $1,785,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,120
      SQFT
    • $111
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Morgan Skenderian is pleased to offer, The Park Stockdale Townhomes, an exclusive investment opportunity comprised of all townhome style units centrally located in Bakersfield. This investment opportunity features (11) exceptionally large two-story townhomes, each with two bedrooms/two and half bathrooms with a dual master bedroom layout and double-car direct access garages. Park Stockdale Townhomes feature large private patios, central A/C, fireplaces and washer/dryer hookups. Two units have been recently beautifully upgraded with new paint and flooring. This is ideal location is located near major retail shopping, a sought-after residential neighborhood and only a few miles from California State University, Bakersfield. This opportunity features upside in rents, or a new investor could establish an condo HOA and sell off each unit individually for further profit. *11 Individual Condominiums with Separate Parcel Numbers, *Exceptionally Large (1,465 Sq.Ft.) 2BR/2.5BA Townhome Style Units with Dual Master Bedrooms, *Double-Car Direct Access Garages, *Vaulted Ceilings with Fireplaces, *Large Private Patios & Central A/C, * Beautiful Upgraded Interiors with New Flooring & Paint, *Ideal Location Near Major Retail Centers, Sought-After Residential Neighborhood & Cal State Bakersfield

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-24T00:38:15.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/89385902

    5920 Stockdale , #1 Bakersfield, CA 93309

    • Price: $1,785,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: PW18272628
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    16,120
    SQFT
    $111
    $/SQFT
    1983
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Kern
    Area:
    699 - Not Defined
    Property Description
    Morgan Skenderian is pleased to offer, The Park Stockdale Townhomes, an exclusive investment opportunity comprised of all townhome style units centrally located in Bakersfield. This investment opportunity features (11) exceptionally large two-story townhomes, each with two bedrooms/two and half bathrooms with a dual master bedroom layout and double-car direct access garages. Park Stockdale Townhomes feature large private patios, central A/C, fireplaces and washer/dryer hookups. Two units have been recently beautifully upgraded with new paint and flooring. This is ideal location is located near major retail shopping, a sought-after residential neighborhood and only a few miles from California State University, Bakersfield. This opportunity features upside in rents, or a new investor could establish an condo HOA and sell off each unit individually for further profit. *11 Individual Condominiums with Separate Parcel Numbers, *Exceptionally Large (1,465 Sq.Ft.) 2BR/2.5BA Townhome Style Units with Dual Master Bedrooms, *Double-Car Direct Access Garages, *Vaulted Ceilings with Fireplaces, *Large Private Patios & Central A/C, * Beautiful Upgraded Interiors with New Flooring & Paint, *Ideal Location Near Major Retail Centers, Sought-After Residential Neighborhood & Cal State Bakersfield
    Exterior Features

    Garage Spaces 22.00 Lot Features 11-15 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 22.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas Dryer HookupWasher Hookup Levels Two

    Property Features

    Additional Parcels Description 331-290-02331-290-03331-290-04331-290-05331-290-06331-290-07331-290-08331-290-09331-290-10331-290-11 Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.10 Community Features CurbsGuttersStorm DrainsStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 2400.00 Gross Income 0.00 Gross Multiplier 12.99 Gross Operating Income 133278.00 Gross Scheduled Income 137400.00 Insurance Expense 6917.00 Land Lease YN No Laundry YN Yes Maintenance Expense 8244.00 Maintenance Percent 6.00 Net Operating Income 90683.00 New Construction YN No New Taxes Expense 20528.00 Number Of Separate Electric Meters 11 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 11 Operating Expense 42596.00 Operating Expense Percent 31.00 Other Expense 3337.00 Other Expense Description Utility Pest Control Expense 670.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 42596.00 Trash Expense 0.00 Vacancy Allowance 4112 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning R-3

    Listing provided courtesy of Doug Rodermund of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-24T00:38:15.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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