Residential Income Apartment
For Sale
Contact for pricing
Pending
11720 Main St, Lamont, CA 93241
Apartment building offering 10 income-producing residential units on an oversized parcel near central Lamont.
Property Size7,280 SF
Days on Market144
Property Features for 11720 Main St
General Information
Standard status
Pending
Size
7,280 SF
Property subtype
Multifamily
Zoning
R-2 & C-2 PD FPS
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$54,275
Additional Details
Business Included
Yes
Multifamily Units
10
Building Details
Buildings
8
Units
10
Tenancy
Multi
Listing Agency:
Colliers - Bakersfield, California
Listed By:
David Williams · License #CA 00855489
(661) 631-3816
Source:
Crexi
Added: Jun 15
Changed: Nov 4
Last Checked: Nov 4 at 9:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Bakersfield, California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale apartment building at 11720 Main St includes 10 residential income-producing units. The property sits on an oversized parcel of land, providing a straightforward residential income setup within a multi-unit structure.
The asset is located near the center of Lamont, California, placing it within the established residential area of the community. The listing describes the parcel size as “oversized,” which is a key characteristic of the site when evaluating layout and potential future options.
For buyers seeking a small multifamily asset with an existing unit count, the property’s 10 residential units can support straightforward underwriting and ownership. The site’s larger parcel dimensions may also appeal to operators and investors reviewing the property for potential site-based plans, as the remarks specifically note future development potential.
The asset is located near the center of Lamont, California, placing it within the established residential area of the community. The listing describes the parcel size as “oversized,” which is a key characteristic of the site when evaluating layout and potential future options.
For buyers seeking a small multifamily asset with an existing unit count, the property’s 10 residential units can support straightforward underwriting and ownership. The site’s larger parcel dimensions may also appeal to operators and investors reviewing the property for potential site-based plans, as the remarks specifically note future development potential.
Key Highlights
- 10 residential income‑producing units in an apartment building
- Located near the center of Lamont, CA
- Set on an oversized parcel with future development potential
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
10
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 93241, CA
15,707
Population
4,698
Households
3.3
Avg Household Size
28
Median Age
4%
College-Educated
39%
High-School Grad
5.0 sq mi
ZIP Area
3,141
Density / Sq Mi
$31,563
Median Household Income
$20,781
Median Earnings
$946
Median Rent
$199,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building offering 10 income-producing residential units on an oversized parcel near central Lamont.
Where is this apartment building located?
The property is located at 11720 Main St Lamont, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 10 residential income‑producing units in an apartment building; Located near the center of Lamont, CA; Set on an oversized parcel with future development potential
