12119 Edison Highway
$574,999
6
5
2,397
2,397
$240
Description
Bread and butter 5 units sitting on a 0.70 acre lot with a C-2, R-2 zoning generating just under $5,000 in monthly rental income. Wonderful opportunity to own this piece of real estate that has steady income with low maintenance and high returns. Property consists of 4 one bed one bath units, 1 two bed one bath unit and 1 manufactured home. In addition, there are endless possibilities to explore, as you can add more units and maximize your investment, as the zoning and lot size allows for more units...Bread and butter 5 units sitting on a 0.70 acre lot with a C-2, R-2 zoning generating just under $5,000 in monthly rental income. Wonderful opportunity to own this piece of real estate that has steady income with low maintenance and high returns. Property consists of 4 one bed one bath units, 1 two bed one bath unit and 1 manufactured home. In addition, there are endless possibilities to explore, as you can add more units and maximize your investment, as the zoning and lot size allows for more units that can be built/added comfortably. Don't sleep on this one and add this income producing property to your portfolio today!
- Listed by Moiz Lakdawala • DRE #01881688 • Brokerage DRE #01823868 • Keller Williams Realty Bakersfield
Property Details for 12119 Edison Highway
Parking Spaces Total
0
Private PoolNo
Total Units5.0
Lot Size SourceAssessor
Property Attached YNfalse
Common WallsNo Common Walls
New ConstructionNo
Average Studio Area UnitsSquare Feet
LISTING UPDATED: 05/25/2024 12:49 PM
Property Details for 12119 Edison Highway
Status | Active |
---|---|
MLS # | PI24093673 |
Days on Market | 174 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income / Combo - Res and Com |
Year Built | 1942 |
Lot Size | 0.72 AC / 31,575 SF |
County | Kern County |
Building Information for 12119 Edison Highway
Stories1Residences-Year Built1942Lot Size0.72 AC / 31,575 SF
Property Information for 12119 Edison Highway
Property History for 12119 Edison Highway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 12119 Edison Highway
Taxable ValueLand$119,646Additions$251,776Total$371,422
Tax Record2023$7,798 ($650 / month)
Home Facts
Total Finished SqFt2,397 SqFtAbove Grade Finished SqFt2,397 SqFtStories1Lot Size31,363 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningC-2, R-2CountyKERNAPN177-100-06-00-6
Schools near 12119 Edison Highway
This home is within Kern Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Orangewood Elementary School PublicK to 5 | ||
Edison Middle School Public5 to 8 | ||
Mira Monte High School Public9 to 12 | ||
Tierra Del Sol Continuation High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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