Property Detail

Description

PREMIER 4-UNIT INCOME ASSET | HIGH YIELD | NO RENT CONTROLPresenting a rare opportunity to acquire a high-performing multi-unit investment property located at 4317 La Verde St., Bakersfield, CA 93301. This well-positioned asset delivers strong in-place income with additional upside, making it an ideal addition to any investor's portfolio.Set on an expansive 10,000 sq ft lot, the property features a desirable unit mix consisting of three 2-bedroom, 2-bathroom units and one larger 3-bedroom, 2-bathroom unit, with added value from a garage conversion maximizing rental potential.The property benefits from consistent tenant demand, low vacancy exposure, and efficient operating expenses. The absence of rent control allows for strategic rent adjustments, further enhancing long-term yield and overall return on investment.Additional income is generated through an on-site laundry facility, while features such as private garage parking, ample street parking, and maintained interiors contribute to tenant retention and operational stability.Ideally located near major freeways, shopping centers, and daily conveniences, this asset offers both immediate cash flow and long-term appreciation in a growing rental market.This is a strong, stabilized investment with upside potential in a high-demand rental corridor.Well-maintained with upgrades, private garage, and ample parking. Prime location near freeway and shopping. Ideal for investors seeking high yield, low expenses, and long-term upside.