116 Beardsley Avenue
Description
- Listed by Karine Haneyan • DRE #02100210 • Brokerage DRE #01873088 • John Hart Real Estate
Property Details for 116 Beardsley Avenue
Property Details for 116 Beardsley Avenue
| Status | Active |
|---|---|
| MLS # | GD24198522 |
| Days on Market | 49 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 2-4 Units |
| Year Built | - |
| Lot Size | 0.45 AC / 19,602 SF |
| County | Kern County |
Building Information for 116 Beardsley Avenue
Property Information for 116 Beardsley Avenue
- System ID: 306285625
- Class: 2-4 UNITS
- Levels: 2 Story
- Street Number Numeric: 116
- Street Name: Beardsley Avenue
- Directions To Property: Take Chester Ave to Beardsley Ave
- CFD/Mello-Roos Fee: $0
- CFD/Mello-Roos Fee Reflct: Year
- Supplement: This property offers an exceptional high cap rate of 8.6% and immediate opportunity to increase cash flow. Current rents are below market and poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month, unlocking substantial revenue potential. Each unit comes with separate utility meters, making it easier to manage costs, while the roof-mounted AC units with central heating and air conditioning provide added convenience and energy efficiency. Most units have been updated in recent years. All units come with a parking, plus 2 guest parking spots; easily reline the lot to create even more parking spaces to increase tenant satisfaction and appeal. This is a rare opportunity for investors looking for a property with strong income growth, low operating costs, and increasing market demand. The laundry room is not being used; this can add more income if operated. The street is part of the city's beautifying project adding additional value for the years to come. Additionally, two new apartment buildings are planned in the area, boosting future demand and property value. Close to shopping and freeways, the building has a very high occupancy rate and quick turnover.
- Pool: N/K
- Total Stories: 2
- Entry Only: No
- Lot Size Source: Assessor Record
- Site: Curbs, Sidewalks
- Zoning: Assessor
- Assessors Parcel Num: 11425041002
- Unit Num for Unit 1: 1
- Unit 1 Num of Bedrooms: 2
- Unit 1 Num of Total Baths: 1
- Unit 1 Rent Actual: $141,024
Property History for 116 Beardsley Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Beardsley Avenue
Schools near 116 Beardsley Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
North Beardsley Elementary School PublicK to 6 | ||
Beardsley Junior High School Public7 to 8 | ||
North High School Public9 to 12 | ||
Vista Continuation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of John Hart Real Estate
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.