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132 Ohio Dr
Bakersfield, CA 93307
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Oversized ±0.57 Acre Lot
- Value Added Potential
- Stable In-Place Income
Executive Summary
Exceptional income-producing opportunity at 132 Ohio Dr in Bakersfield! Situated on a sprawling ±0.57-acre lot, this fully renovated multi-unit property offers tremendous versatility for investors, owner-users, or those seeking multi-generational living. Featuring approximately 3,950 square feet of living space, the property includes multiple residential units with updated interiors, air conditioning, private yard areas, and ample room for future expansion. The oversized lot provides potential for additional improvements, increased rental income, or enhanced outdoor amenities. Conveniently located near schools, shopping, dining, and major transportation routes, this unique property combines strong income potential with long-term growth opportunities. A rare chance to own a remodeled, cash-flowing property with endless possibilities in the heart of Bakersfield!
Property Facts
| Price Per Unit | $104,343 CAD | Apartment Style | Single-Family Home |
| Sale Type | Investment | Lot Size | 0.57 AC |
| Cap Rate | 7.13% | Building Size | 3,950 SF |
| Sale Condition | Build to Suit | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.05 | No. Stories | 1 |
| No. Units | 10 | Year Built/Renovated | 1929/2022 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | R-2 - multi-family | ||
| Price Per Unit | $104,343 CAD |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| Sale Condition | Build to Suit |
| Gross Rent Multiplier | 11.05 |
| No. Units | 10 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.57 AC |
| Building Size | 3,950 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1929/2022 |
| Opportunity Zone |
Yes |
| Zoning | R-2 - multi-family |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Sprinkler System
- Tub/Shower
- Yard
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,299 CAD | 1,320 |
| 3+1 | 2 | $2,229 CAD | 1,000 |
| 3+1 | 3 | $2,124 CAD | 1,000 |
| 1+1 | 4 | $1,567 CAD | 630 - 1,100 |
Property Taxes
| Parcel Number | 169-062-06-00-0 | Improvements Assessment | $297,608 CAD |
| Land Assessment | $54,818 CAD | Total Assessment | $352,426 CAD |
Property Taxes
Parcel Number
169-062-06-00-0
Land Assessment
$54,818 CAD
Improvements Assessment
$297,608 CAD
Total Assessment
$352,426 CAD
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