2524 Haley St, Bakersfield, CA 93305

Property Description

Located at 2510-2524 Haley Street in Bakersfield, California, this rare offering includes two side-by-side multifamily properties totaling 56 units across buildings constructed in 1968 and 1972. The unit mix features 20 one-bedroom/one-bath units, 24 two-bedroom/1.75-bath units, and 12 studio units, providing a versatile layout for tenant demand. Additionally, there is an unpermitted office and managers unit. The property includes two on-site laundry room and is priced at $5,395,000just $96,399 per unit or $129 per square foot. With a solid 5.62% Cap Rate and an attractive 8.27 Gross Rent Multiplier, this investment offers strong in-place income and long-term upside.