Friday, February 21, 2025

701 Woodrow Avenue Bakersfield, CA 93308

Property Site: https://tour.corelistingmachine.com/home/YGM5TV/701-Woodrow-Avenue-Bakersfield-CA-202502063
We are honored to exclusively bring to market this turnkey 5-unit multifamily investment with massive upside. Offering +/- 3,500 SF of rentable space, this property delivers strong cash flow, minimal maintenance, and a clear path to higher returnsa perfect fit for 1031 exchange buyers and long-term investors looking for a plug-and-play asset with built-in value-add potential. The heavy lifting is donewith $200K+ in renovations, four of five units are fully remodeled, plus a new sewer line, updated plumbing, and electrical upgrades keep maintenance costs low. It's 100% occupied, generating immediate cash flow, while below-market rents create room for serious income growth. The unrenovated 3-bedroom house offers a major opportunity to push rents even higher, with the potential to add an extra $400-$500/month in income once upgraded. This is a prime value-add opportunity, with 30%+ rental upside already built inready for the right investor to unlock its full potential!
Bathrooms: 0.00
Square feet: 2,984
Price: $674,999

For more information about this property, please contact Esteban Contreras at 661-617-0074 or esteban@vanguardrealtyinvestments.com. You can also text 8727136 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


MLS ID: 202502063

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