| CREOP

Central Valley Property Advisors is thrilled to exclusively offer this five-unit multifamily property—a robust investment opportunity with strong upside potential. The property includes a desirable unit mix: one three-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; two one-bedroom, one-bathroom units; and a studio, catering to a variety of rental needs and maximizing tenant appeal. Four of the five units have been extensively remodeled, including two down-to-the-studs renovations and two full remodels. These units now feature upgrades like stucco work, vinyl flooring, windows, AC units, countertops, and modern appliances, offering tenants a high-end rental experience. The front house, freshly painted, presents a value-add opportunity with minor TLC. With current rents falling $400-$500 below market rates, there is clear potential for rental growth. Key capital improvements further enhance the property’s appeal, including a new main sewer line from the front house to the alley and recent updates to plumbing and electrical systems, ensuring reduced maintenance costs and solid long-term performance. This property is an ideal acquisition for investors seeking immediate cash flow along with significant rental upside in a dynamic and growing rental market.

Bakersfield and Kern County offer a dynamic investment landscape with several compelling factors for real estate investors. As the gateway to California’s Central Valley, Bakersfield boasts a growing economy driven by sectors like agriculture, energy, logistics, and healthcare. The region’s affordable cost of living and pro-business environment have attracted a steady influx of residents, which in turn drives strong rental demand. Kern County’s strategic location along major transportation corridors, including I-5 and Highway 99, supports efficient access to major markets like Los Angeles and the Bay Area. Additionally, ongoing developments in renewable energy, particularly solar and wind, position Kern County as a leader in sustainable energy. Combined with favorable population growth and relatively low property taxes, the area presents solid cash flow opportunities and long-term growth potential for investors seeking stable, income-generating assets.