Bakersfield, CA 93309 3737 Soranno Avenue
$500,000
Pending
10 more
Presented By: David Knight with Keller Williams Realty; daveknightrealestate@gmail.com
- MLS# P121692
- 04/10/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 3,069
Garage • 3
Home Details
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.
Presented By: David Knight with Keller Williams Realty; daveknightrealestate@gmail.com
Interior Features for 3737 Soranno Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
General for 3737 Soranno Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityBakersfield
Community FeaturesSuburban
CoolingCentralAir
CountyKern
DirectionsSouth side of Soranno Ave. Cross street is S Real Rd.
Electric Expense0.0
Electric On Property Y/NNo
ExclusionsTenant's personal belongings
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income46800.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS AreaBKSF - Bakersfield
MobileHomeRemainsYNNo
Net Operating Income28145.0
New ConstructionNo
Number Of Units Total4
Operating Expense18655.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerUnknown
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusPending
StatusPending
Stories2
Subdivision NameNot Applicable
Tax Lot22
Trash Expense0.0
ViewNone
Water Sewer Expense0.0
Year Built1969
Year Built SourceAssessor
Exterior for 3737 Soranno Avenue
Building Area Total3069.0
Crops Included Y/NNo
FencingWood
Gulf-FrontNo
Horse Y/NNo
InclusionsLandlord-owned appliances
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway, Garage, Uncovered
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate