$364,000

$364,000

Est. $2,410/mo · 20% down · 6.5% · 30yr

1302 E 19th, Bakersfield, CA, 93305

MLS# 202606950

Active
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2,267sqft
7,506lot sqft
1926built
New listing

About this home

Two separate buildings on one oversized M-1 lot in Old Town Kern a true live-work-invest setup. Approximately 845 sq ft up front with frontage right on Truxtun (real storefront exposure), plus a second building running 2,200+ sq ft behind it. Then there's the bomb shelter built solid and tailor-made for wine storage or a private tasting room.M-1 zoning opens the door to a long list of uses: owner/user electrical contractor or other sub-trades, BBQ joint or restaurant, wine tasting, cabinet shop, engineering office, law firm. Run your business out of one building and live in the other.Yes, it needs a little TLC. However, the unique architecture and good bones make this one a winner. Proforma numbers pencil at $36,000 gross annual income against roughly $3,000 in expenses about $33,000 net, a 9 cap on paper.CASH or HARD MONEY ONLY. Easy to show lockbox on site, book through ShowingTime. Bring your vision and your contractor.

Property Details

💰

$364,000

Price

🛏

0 bd

Bedrooms

📐

2,267 sqft

Living Area

🌿

7,506 sqft

Lot Size

🏗️

1926

Year Built

🚗

0 car

Garage

🏠

Industrial

Type

📅

New today

Days Listed

✓ Active ListingBakersfield, CA 93305

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Loan Term

$364,000
%
3%50%
$18,200 down
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3%12%
%
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Total Monthly (PITI+MI)

$2,812

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,186
Property Taxes / mo$379
Home Insurance / mo$120
PMI (Mortgage Insurance)$127
Total Est. Payment$2,812
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93305

Market Stats

Active Listings

169

ZIP 93305

Median List Price

$340K

ZIP 93305

Avg Days on Market

98

Bakersfield avg

Sale / List Price

97.8%

avg ratio

1302 E 19th, Bakersfield, CA, 93305

Listed by: Debra K McTaggart, Epique Realty

MLS#: 202606950

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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