Address
10331 Rosedale Highway Bakersfield, CA
Price
$ 720,000
Property Attributes
  • MLS#202200321
  • TypeCommercial
  • CountyKERN
  • CityBakersfield
  • Area62
  • Zip93312
  • StyleCommercial
  • Price$ 720,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.44 Acres
Listing Provided Courtesy Of:
Clemmer and Company Real Estat
Data Source:
Bakersfield MLS (BKMLS)
Property Description

Great Investment rehab project that you will see 14-15% ROI on: 6,276SQFT building that ready to be completed. 1. Electrical panel upgrade to 6 meters, PG&E overhead line upgrade ( PG&E permits & fees paid along with Electrician deposit to be installed) 2. Block wall 2 sides, wrought iron fencing, concrete, interior gutted 3. Clean Alta One: Confirmed with all agency's: EPA, Fire, City & County and no record of underground tanks being an issue. 4.Septic pump & certification 5.new flat work concrete complete on the West side 6.Taco truck currently leases and will continue to lease while the rehab is being done for $900 per month, once rehab is complete space rent would be between $1,400-$1,600 per month 7. Market rent is $2.45-$2.65 sqft NNN X 6,276sqft = $16,631.00 X 12months = $199,577.00 ( plus Taco truck ) Rehab @ $650k total investment $1,440,000.00 ROI 13.9% plus Taco truck income puts it at ((15.20% ROI )

Price History
1/11/2022 Listed $720,000

Exterior Features

Lot Size Acres 0.4400

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 93312

Price
AVG $910K
$720K
Visits
AVG 8
5
Year Built
AVG 1957
1976
Walkscore
AVG 58
64
Data Provided by Walkscore ® not using MLS data

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