2115 G Street Bakersfield, CA 93301
Other Residential
MLS #: 202502099
Courtesy Of Watson Realty
$1,795,000
3,610 sq ft
Print property details
Share
Estimated monthly payments:
$7,847/mo.* (recalculate)
Property InformationDescription
We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior capital improvements including new paint, fencing, landscaping, and staircase repairs. The remodeled units have demonstrated the rent potential, offering an investor the ability to capture an extreme rental increase once fully stabilized. With a current NOI of $107,228 and a pro forma projection Significantly higher (20%!!) this is a rare opportunity to acquire a high-yielding asset with built-in equity upside. The heavy lifting has been donenow it's about executing on the final stage to drive long-term cash flow growth. Serious investors onlycall now to discuss financials and next steps.
Features
- Age: 11-20 Years Old
MAP & DIRECTIONS
School Information
2115 G Street, Bakersfield, CA 93301
Elementary School
Grades KG-6 |
Public School
FRANKLIN ELEMENTARY SCHOOL
Bakersfield, CA 93301
2400 Truxtun Ave
661.631.5270
Distance: 0.5 mi
School Rating
B-
Student:Teacher Ratio
20:1
Total Students
494
Middle School
Grades 6-8 |
Public School
EMERSON MIDDLE SCHOOL
Bakersfield, CA 93304
801 4th St
661.631.5260
Distance: 1.4 mi
School Rating
D
Student:Teacher Ratio
22:1
Total Students
757
High School
Grades 9-12 |
Public School
BAKERSFIELD HIGH SCHOOL
Bakersfield, CA 93301
1241 G St
661.324.9841
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
24:1
Total Students
2963
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Downtown Elementary School | 0.4 mi | Public | KG-8 | A- |
| Kern County Community | 0.4 mi | Public | KG-12 | F |
| Kern County Special Education | 0.4 mi | Public | KG-12 | |
| Valley Oaks Charter | 0.9 mi | Public | KG-12 | B- |
| William Penn Elementary School | 0.9 mi | Public | KG-5 | D- |
| Rafer Johnson | 1.0 mi | Public | KG-8 | |
| Rafer Johnson Childrens Center | 1.0 mi | Public | ||
| Stella Hills Elementary School | 1.2 mi | Public | KG-6 | D- |
| Agapeland Christian Academy | 1.3 mi | Private | PK-4 | |
| Longfellow Elementary School | 1.4 mi | Public | KG-6 | D |
| Mckinley Elementary School | 1.5 mi | Public | KG-5 | D |
| Roosevelt Elementary School | 1.5 mi | Public | KG-5 | D |
| Our Lady Of Guadalupe School | 1.6 mi | Private | PK-8 | |
| Vista Continuation High School | 1.6 mi | Public | 9-12 | D- |
| Caroline Payne Harris Elementary School | 1.7 mi | Public | KG-6 | C- |
| Lincoln Junior High School | 1.8 mi | Public | 7-8 | F |
| Bessie Owens Elementary School | 1.9 mi | Public | KG-6 | C+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Bakersfield, CA 93301
| Median Age: | 32.6 |
|---|---|
| Married: | 20% |
| Number of Households: | 5,496 |
| Households with Children: | 38.8% |
Bakersfield, CA 93301
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
