🏡 Investment Opportunity in Bakersfield, CA!

Kern County, Bakersfield, CA, 93307
Sold
Listed at: February 23rd, 2024
Price
$140,000
ARV
$235,000
Gross Margin
$95,000
Sq. Footage
870
Type
Single-Family
Parking
Driveway
Year build
1935
Lot size
0.17 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Address: 207 Marsh St, Bakersfield, CA 93307

💰 Sales Price: $155,000
💲 Buy Now Price: $165,000
📈 After Repair Value: $235,000
🔨 Estimated Rehab: $35,000

🏠 Property Details:

  • 2 bedrooms, 1 bathroom
  • Large lot with parking on driveway
  • Currently occupied by a non-paying tenant (must assume with tenant)
  • Sold as is, no repairs
  • Buyer to pay for all escrow and title fees
  • Escrow is opened and ready for assignment through Central Valley REI LLC

🔑 Exit Strategy:

  • Fix and Flip
  • Hold for Rental (Estimated rents: $1,400 monthly)

📝 Important Notes:

  • Buyer must have proof of funds to schedule an appointment
  • Property must be purchased with cash, private money, or hard money
  • Bedroom/bathroom count not guaranteed; buyer to do own due diligence
  • Title to be delivered free and clear

📞 Contact Disposition Manager: Gary Frausto
📧 Email: [email address]
🚫 Do Not Disturb Tenants

This is a prime opportunity for investors looking to capitalize on a property with great potential. Don't miss out on this chance to maximize your returns in the thriving Bakersfield real estate market!

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brandon Hardin

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Disposition manager