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2512 Niles Street

Bakersfield, CA 93306
  • $400,000
  • STATUS: ACTIVE
  • ON SITE: 111 Days
  • ID#: 250019855
UPDATED: 55 min ago
$400,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,979
    SQFT
  • $202
    $/SQFT
Neighborhood:
Northeast Bakersfield
Type:
Multi-Family
Built:
1950
County:
Kern
Area:
Bakersfield (93306)

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Description

Welcome to 2512 Niles Street. This is a Triplex that is good for either an experienced or new investor. This is a 3 unit property composed of a duplex and a stand alone unit. Laundry facilities are on site, and has a shared oasis area that has enough space to build another unit. Duplex in the rear has been remodeled throughout and all 3 units have tenants. Front house has yet to be remodeled but is zoned as either residential or commercial space for use. Do not disturb tenants.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/160852240
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2512 Niles Street Bakersfield, CA 93306

  • Price: $400,000
  • Status: ACTIVE
  • On Site: 111 Days
  • Updated: 55 min ago
  • ID#: 250019855
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1,979
SQFT
$202
$/SQFT
1950
Built
Neighborhood:
Northeast Bakersfield
County:
Kern
Area:
Bakersfield (93306)
Property Description
Welcome to 2512 Niles Street. This is a Triplex that is good for either an experienced or new investor. This is a 3 unit property composed of a duplex and a stand alone unit. Laundry facilities are on site, and has a shared oasis area that has enough space to build another unit. Duplex in the rear has been remodeled throughout and all 3 units have tenants. Front house has yet to be remodeled but is zoned as either residential or commercial space for use. Do not disturb tenants.
Exterior Features

Exterior Stucco Fencing Full Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 Assigned Parking Garage Desc Unit2 Assigned Parking Garage Desc Unit3 Assigned Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 None Known Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site Public StreetStreet Paved Spa N/K Spa Heat None Known Topography Slope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3 View N/K

Interior Features

Cooling Swamp Cooler(s) Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type Gas

Property Features

Actual Cap Rate 9.8 Additional Property Use Res/Business Use OK Age Restrictions N/K Annual Expense Actual 9066 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community HILLCREST Complex Features Laundry FacilitiesRecreation Area Complex Park No Cross Streets Webster Stree and Niles Street Gross Rent Multiplier Actual 17.21 Gross Scheduled Income Actual 23248 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Miscellaneous AviaryDog Run Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Close of Escrow Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Satellite Dish Tenant Pays SewerTrashWaterCable TVElectricityGas/Propane Terms CashConventionalExchange Unit1 Deposit 200 Unit1 Occupied Tenant Unit1 Projected Rent 650.0 Unit1 Rent Actual 565.0 Unit2 Deposit 200 Unit2 Occupied Tenant Unit2 Projected Rent 800.0 Unit2 Rent Actual 565.0 Unit3 Deposit 900 Unit3 Occupied Tenant Unit3 Projected Rent 950 Unit3 Rent Actual 900.0 Water Meter on Property

San Diego MLS logo Listing provided courtesy of Glenn Wilbor of BirdRock Realty: 858-449-0541. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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