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2528 Security Ave
Bakersfield, CA 93306 Outer East Bakersfield

$325,000 USD

Apartments For Sale  •  1,904 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,904 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 6.60 %
  • Zoning R-2
20 Transit Score
40 Walk Score

Highlights

Long-term Section 8 tenant in place — reliable, government-backed rent
Second unit vacant and move-in ready for immediate lease-up
Central heat and air in both units; vacant unit recently updated with new flooring and paint

Financial Summary (Proforma)

Net Operating Income: $20,745 USD (2026)
Cap Rate: 6.60 %
Total Expenses: $6,867 USD

Public Transportation

AirportDriveWalkDistance
Meadows Field 20 min - 9.2 mi
Philip Jordan 805-453-8353 Jordan Apartment Guys
Philip Jordan 805-453-8353 Jordan Apartment Guys