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113 Hopkins Ave 8 Unit Apartment Building $924,493 CAD ($115,562 CAD/Unit) Bakersfield, CA 93308
Executive Summary
Renovated 8-unit multifamily investment located in North Bakersfield, featuring a strong unit mix of five 2BR/1BA units and three studio
units. Seller financing available, offering flexible terms for investors seeking steady cash flow, strong rental demand, and long-term
upside.
Subject to successful cancellation of current escrow
Unit 2 and Unit 4 pay $850 a month
units. Seller financing available, offering flexible terms for investors seeking steady cash flow, strong rental demand, and long-term
upside.
Subject to successful cancellation of current escrow
Unit 2 and Unit 4 pay $850 a month
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$108,967
|
$44.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,967
|
$44.84
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,478
|
$2.25
|
| Net Operating Income |
$103,488
|
$42.59
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $108,967 |
| Annual Per SF | $44.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $108,967 |
| Annual Per SF | $44.84 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,478 |
| Annual Per SF | $2.25 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $103,488 |
| Annual Per SF | $42.59 |
Property Facts
| Price | $924,493 CAD | Building Class | B |
| Price Per Unit | $115,562 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 2,430 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-2 | ||
| Price | $924,493 CAD |
| Price Per Unit | $115,562 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 2,430 SF |
| No. Stories | 1 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | R-2 |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Carpet
- Grill
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $1,233 CAD | 670 |
| Studios | 3 | $996.40 CAD | - |
1 1
Property Taxes
| Parcel Number | 119-110-06-00-5 | Improvements Assessment | $557,177 CAD (2025) |
| Land Assessment | $76,612 CAD (2025) | Total Assessment | $633,789 CAD (2025) |
Property Taxes
Parcel Number
119-110-06-00-5
Land Assessment
$76,612 CAD (2025)
Improvements Assessment
$557,177 CAD (2025)
Total Assessment
$633,789 CAD (2025)
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113 Hopkins Ave
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