$1.50M

$1.50M

Est. $9,929/mo · 20% down · 6.5% · 30yr

1916 Hasti Acres Drive, Bakersfield, CA, 93309

Active
0beds
3,216sqft
18,626lot sqft
1973built
71 days on market

About this home

Discover a prime value-add multifamily opportunity at 1912-1916 Hasti Acres Drive, a well-maintained 8 unit property located in a strong rental market of Bakersfield. Each of the eight units features 2 bedrooms and 1 bathroom, along with its own private 1-car garage, offering tenants both comfort and convenience. This property presents a significant upside potential for investorscurrent rents are below market, allowing for substantial income growth through strategic renovations or market rent adjustments. Situated in a desirable neighborhood with consistent rental demand, this asset offers long-term appreciation potential. Perfect for the savvy investor looking to unlock hidden value and maximize returns.

Property Details

💰

$1.50M

Price

🛏

0 bd

Bedrooms

📐

3,216 sqft

Living Area

🌿

18,626 sqft

Lot Size

🏗️

1973

Year Built

🏠

5 - 10 Units

Type

📅

71 days

Days Listed

✓ Active ListingBakersfield, CA 93309

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Loan Type

Loan Term

$1,500,000
%
3%50%
$75,000 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$11,212

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$9,007
Property Taxes / mo$1,563
Home Insurance / mo$120
PMI (Mortgage Insurance)$523
Total Est. Payment$11,212
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93309

Market Stats

Active Listings

143

ZIP 93309

Median List Price

$375K

ZIP 93309

Avg Days on Market

91

Bakersfield avg

Sale / List Price

97.9%

avg ratio

Nearby Schools

🏫 Elementary

Charles H Castle Elementary School

Grades K-6

🏫 Middle School

O J Aetis Junior High School

🏫 High School

West High School

🏫 School

Castro Lane School

Nearby Amenities

🏪 Convenience

  • Mobil Mart
  • 7-Eleven

🛒 Grocery

  • FoodMaxx
  • Smart & Final

🍽️ Restaurant

  • Golden Corral
  • Texas Roadhouse

💊 Pharmacy

  • First Care Pharmacy

🌳 Park

  • Brockton Grissom Park
  • Wilson Park
  • Corvallis Park

1916 Hasti Acres Drive, Bakersfield, CA, 93309

Listed by: Eric VanDenk, Central Valley Property Advisors

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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