$810,000

$810,000

Est. $5,362/mo · 20% down · 6.5% · 30yr

7016 Ming Avenue, Bakersfield, CA, 93309

MLS# 202609091

Pending
7016 Ming Avenue — photo 1
7016 Ming Avenue — photo 2
7016 Ming Avenue — photo 3
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4,800sqft
13,939lot sqft
1979built
9 days on market

About this home

Rare opportunity to acquire a well-maintained five-unit apartment building in desirable Southwest Bakersfield. Located at 7016 Ming Blvd, this approximately 4,800 sq ft property, built in 1979, features one 3-bedroom/2-bath unit and four 2-bedroom/1-bath units. Gross scheduled rents are $81,360 annually. Professionally managed by a third-party management company, the property offers five garages and laundry hookups for each unit. Situated close to schools, shopping, and everyday services, it benefits from strong rental demand in a sought-after SW Bakersfield submarket. Offered at $810,000, this is a rare chance to acquire a five-plex in Southwest Bakersfield with income and upside potential.

Property Details

💰

$810,000

Price

🛏

0 bd

Bedrooms

📐

4,800 sqft

Living Area

🌿

13,939 sqft

Lot Size

🏗️

1979

Year Built

🚗

0 car

Garage

🏠

5 - 10 Units

Type

📅

9 days

Days Listed

PendingBakersfield, CA 93309

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Loan Type

Loan Term

$810,000
%
3%50%
$40,500 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$6,110

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$4,864
Property Taxes / mo$844
Home Insurance / mo$120
PMI (Mortgage Insurance)$282
Total Est. Payment$6,110
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93309

Market Stats

Active Listings

146

ZIP 93309

Median List Price

$359K

ZIP 93309

Avg Days on Market

89

Bakersfield avg

Sale / List Price

98.5%

avg ratio

7016 Ming Avenue, Bakersfield, CA, 93309

Listed by: Marc A Thurston, ASU Commercial

MLS#: 202609091 · Source: Bakersfield AOR

Based on information from Golden Empire MLS, Inc. (a subsidiary of Bakersfield Association of REALTORS®, Inc.). All data is obtained from various sources and has not been verified. Full disclaimer

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