3
See all 3 photos
$349,900
Est. payment /mo
2,267 SqFt
Price Dropped by $14K
1302 E 19th Bakersfield, CA 93305
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Key Details
Property Type Multi-Family
Sub Type 2 homes on 1 Lot
Listing Status Active
Purchase Type For Sale
Square Footage 2,267 sqft
Price per Sqft $154
MLS Listing ID 202607119
Year Built 1926
Property Sub-Type 2 homes on 1 Lot
Property Description
Two separate buildings on one oversized M-1 lot in Old Town Kern a true live-work-invest setup. Approximately 845 sq ft up front with frontage right on Truxtun (real storefront exposure), plus a second building running 2,200+ sq ft behind it. Then there's the bomb shelter built solid and tailor-made for wine storage or a private tasting room.M-1 zoning opens the door to a long list of uses: owner/user electrical contractor or other sub-trades, BBQ joint or restaurant, wine tasting, cabinet shop, engineering office, law firm. Run your business out of one building and live in the other.Yes, it needs a little TLC. However, the unique architecture and good bones make this one a winner. Proforma numbers pencil at $36,000 gross annual income against roughly $3,000 in expenses about $33,000 net, a 9 cap on paper.CASH or HARD MONEY ONLY. Easy to show lockbox on site, book through ShowingTime. Bring your vision and your contractor.
Location
State CA
County Kern
Area 31
Exterior
Parking Features Garage, Uncovered
Garage Spaces 1.0
Parking On Site 8
Building
Story 1
Schools
Elementary Schools Owens, B. E.
High Schools Mira Monte
Listed by Debra K McTaggart • Epique Realty
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