$7,999,000
408 Taylor St, Bakersfield, CA 93309
0 Beds
0 Baths
50,381 sqft

Share

   
OR
Photos
Map
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
Casa Victoria presents a rare opportunity to purchase a large California apartment community for under $100,000 unit. Additionally, this building presents a value-add play through both physical improvements and continuing the changes that the new management company has been implementing over the last 60 days. Casa Victoria was self-managed since 2004 until September 2021. At that time the sellers hired a 3rd party management firm to take over the day-to-day management. At the time of the management change the average studio/loft rent was $603, the 1 bedroom was $686, and the 2 bedrooms were $767. GSF immediately raised the asking rents to $925 (studios and lofts), $1025, $1125, and $1,225 respectively. Four units were rented at these levels as soon as the units were made rent ready.
  • Price:
  • $7,999,000
  • Square Footage:
  • 50,381
  • Acreage:
  • 2.88
  • Year Built:
  • 1972
  • Listing ID #:
  • 202111200
  • Street Address:
  • 408 Taylor St
  • City:
  • Bakersfield
  • State:
  • California
  • Postal Code:
  • 93309
  • County:
  • Kern
  • Community:
  • 52
  • Subdivision:
  • Curran
  • Listing Status:
  • Pending
  • Listing Type:
  • 11 Plus
  • Number Of Units:
  • 81
  • Stories:
  • 2
  • Total Building Square Footage:
  • 50381
  • Year Built:
  • 1972
  • Annual Gross Income:
  • 986700.00
  • Annual Income:
  • 604367.00
  • Lot Square Footage:
  • 125452.00
  • Parking Description:
  • Carport, Uncovered
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Courtesy of Marc A Thurston of Asu Commercial
  • BAKERS

Similar Properties

Image Unavailable
$7,300,000
185 Quantico Ave, Bakersfield, CA 93307
0 Beds | 0 Baths
BAKERS Courtesy of Pedro Martinez of Open Door Real Estate
Image Unavailable
$8,750,000
Virtual Tour
0 Sycamore Rd, Arvin, CA 93203
0 Beds | 0 Baths
BAKERS Courtesy of David C. Bernal of Keller Williams Realty