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2711 Hollyhock Ln
Bakersfield, CA 93309
2711 Hollyhock Ln · Multifamily Property For Sale
·
5 Units
Executive Summary
Fully stabilized Laurelglen 5-plex with (1) 3/2 and (4) 2/1 units. Some units have kitchen and bathroom upgrades, while all units feature central A/C, private laundry, and off-street parking including carports and 1 two-car garage. 100% occupied with almost $83,000 in gross annual income, this listing boasts a 10.27 GRM and sits in one of Southwest Bakersfield’s most desirable rental submarkets.
Property Facts
| Price Per Unit | $229,411 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5.89% | Building Size | 4,163 SF |
| Gross Rent Multiplier | 10.09 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | ||
| Zoning | R-2 - Small Lot Single-Unit Dwelling | ||
| Price Per Unit | $229,411 CAD |
| Sale Type | Investment |
| Cap Rate | 5.89% |
| Gross Rent Multiplier | 10.09 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 4,163 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Zoning | R-2 - Small Lot Single-Unit Dwelling |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,267 CAD | - |
| 2+1 | 4 | $1,786 CAD | - |
Property Taxes
| Parcel Number | 355-334-01-00-4 | Improvements Assessment | $534,586 CAD |
| Land Assessment | $262,331 CAD | Total Assessment | $796,916 CAD |
Property Taxes
Parcel Number
355-334-01-00-4
Land Assessment
$262,331 CAD
Improvements Assessment
$534,586 CAD
Total Assessment
$796,916 CAD
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