68
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$626,000
Est. payment /mo
2,197 SqFt
Active
308 Orange Avenue Arvin, CA 93203
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Key Details
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,197 sqft
Price per Sqft $284
MLS Listing ID 202610241
Year Built 1937
Property Sub-Type 5 - 10 Units
Property Description
Rare six-unit multifamily offering comprised of two triplexes on two adjoining parcels, to be sold together as a package (APN 19123101 - 302 Orange Ave; APN 19123102 - 308 Orange Ave). 302 features a studio and two 1BR/1BA units; 308 features a 3BR/1BA plus two additional studios. All six units are currently occupied and generating combined rental income of $5,550/month, with tenants on flexible month-to-month terms. Added upside: 302 offers potential to add an additional unit, subject to buyer's due diligence and applicable permitting. A strong opportunity for an investor seeking an established rent roll with room for future value-add. Both parcels must be purchased together.
Location
State CA
County Kern
Area 99
Exterior
Parking Features Garage, Uncovered
Garage Spaces 2.0
Building
Story 1
Schools
Elementary Schools Sierra Vista
Middle Schools Haven Drive
High Schools Arvin
School District Arvin Union
Listed by Clint J Bottoms • Watson Realty
NEARBY SCHOOL & BUSINESS
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