1500 Palm Bakersfield, CA 93305
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $327
MLS Listing ID OC26193300
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1935
Lot Size 6,725 Sqft
Property Sub-Type Duplex
Property Description
Off the kitchen is an unfinished basement area offering additional flexibility and potential. With the appropriate approvals, this space may provide an opportunity for additional living area, storage, or other uses. The property also includes a detached 2-car garage that has been meticulously converted into additional living space. This converted area was recently rented for approximately three years and offers a bedroom plus a large bonus room that was utilized as a bedroom, providing significant flexibility for extended living, rental, or guest accommodations.
The front unit is currently occupied by a reliable tenant paying $2,000 per month plus all utilities, with the owner currently responsible only for water. The rear unit is vacant and was most recently rented for $1,650 per month, offering an immediate opportunity for a new owner to establish rental income. The rear unit also features separate washer/dryer hookups and is separately gated from the main house for added privacy and convenience.
Additional features include an ADT alarm system, spacious interiors, ample parking, and multiple areas that provide flexibility for owner-occupancy, extended family, or rental use. With existing rental income and additional income potential, this property presents an excellent opportunity for investors or buyers seeking a property with versatility and upside.
Buyer to verify all square footage, bedroom/bathroom counts, conversions, additions, basement use, permits, zoning, and other property information to their own satisfaction and due diligence. Property was purchased AS-IS by the current seller. Buyer and buyer's agent to independently verify all information and permitted uses with the appropriate authorities.
Location
State CA
County Kern
Area Bksf - Bakersfield
Rooms
Main Level Bedrooms 3
Interior
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Washer Hookup
Exterior
Pool None
Community Features Sidewalks, Urban
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Duplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Kern Union
Others
Senior Community No
Tax ID 13808211004
Acceptable Financing Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, Fannie Mae
Listing Terms Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, Fannie Mae
Special Listing Condition Standard
Nearby Schools & Businesses