Upload Property Image.
Go to
Publisher tab
>
Select Cover Images
>
Website Cover
Portfolio Sale
1880 - 1820 Quincy St ,
Bakersfield, CA 93305
 
$1,575,000
Price
8.87
GRM
$105,000
Price Per Unit
15
Number of Units
6.14%
Cap Rate
11,202
Building SF
Previous
Next
$1,575,000
Price
8.87
GRM
$105,000
Price Per Unit
15
Number of Units
6.14%
Cap Rate
11,202
Building SF
Investment Summary
Vanguard Realty Investments is pleased to present 1880-1820 Quincy Street, an outstanding multifamily investment opportunity in Bakersfield, California. This offering includes a total of 14 apartment units plus a detached single-family home, spanning three parcels. Two of the parcels each contain 7 units, while the third parcel features a standalone 2-bedroom, 1-bathroom home. The property offers a highly desirable unit mix consisting of (13) two-bedroom units and (2) one-bedroom units, along with the house, creating flexibility and broad tenant appeal. The total rentable square footage is approximately 11,202 SF. The property is professionally managed by a local firm, providing investors with turnkey operations from day one. Significant upside remains through the continued stabilization of rents and unit turnover, allowing a new owner to unlock increased cash flow and long-term value. Additional income is generated through an on-site laundry facility, enhancing overall returns.
Strategically located in East Bakersfield, 1820–1880 Quincy Street sits in a well-established residential neighborhood known for its strong rental demand and workforce housing base. The property benefits from close proximity to: Bakersfield College (just 2.5 miles away), one of the city’s major educational institutions with over 30,000 enrolled students. Memorial Hospital and Adventist Health Bakersfield, both large regional employers in the healthcare sector. Major corridors including Mt. Vernon Ave, Oswell St, and Highway 178, providing direct access to Downtown Bakersfield, the northeast industrial corridor, and the city’s main commercial centers. Public transportation routes and schools, making it attractive to families, students, and working professionals. The area offers a mix of residential and local retail amenities, including markets, parks, and neighborhood services. As rents continue to rise across Bakersfield, the Quincy St. submarket remains a more affordable and stab
FOR MORE DETAILS CONTACT
Esteban Contreras
Founder | Investment Sales Specialist
(661) 206-2447
esteban@vanguardrealtyinvestments.com
01975384
Copyright ©
CREOP
, LLC. All Rights Reserved.