Duplex with Updated
57784 Fawn Dr, Springville, CA 93304
For Sale
$499,900
Two private parking spaces accompany a residence with a pantry, granite counters, and central heating and air conditioning.
Property Size2,570 SF
Price / SF$194.51
Days on Market17
Property Features for 57784 Fawn Dr
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Building Details
Year Built
Stories
Listing Agency:
Watson Realty
Listed By:
Royce Jennings · License CA #01959264
(661) 444-6232
Source:
Besthomesbakersfield
Added: Oct 29
Changed: Nov 13
Last Checked: Nov 13 at 6:47AM
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 Watson Realty
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Investment Insights
Based on property information with market context.
This 2008 duplex provides 2,570 square feet of combined space, with three bedrooms and 2.5 bathrooms. Interior features include an updated kitchen with a pantry, granite countertops, and a breakfast area, along with large living areas. Ceramic tile flooring is installed downstairs, and the primary bedroom has a walk-in closet and private bathroom. Central air conditioning and heating serve the property, which includes two private parking spaces.
The duplex may be sold as part of a portfolio that includes properties at 718 K St., 722 K St., 726 K St., 729 L St., and 730 K St.
The duplex may be sold as part of a portfolio that includes properties at 718 K St., 722 K St., 726 K St., 729 L St., and 730 K St.
Key Highlights
- 2,570 square feet of combined space
- Three bedrooms and 2.5 bathrooms
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,078
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,560
$641.6K
Cap Rate 7%
$458,257
$458.3K
Cap Rate 9%
$356,422
$356.4K
Market Conditions
NOI Build-Up for 2,570 SF
Gross rent
$47.2K $18.36/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$45.8K $17.83/SF
− OpEx
−$13.7K −$5.35/SF
NOI
$32.1K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,560
Cap Rate 7%
$458,257
Cap Rate 9%
$356,422
Alternative Uses
Best Use
Multifamily LT 5
$458.3K
$401.0K – $534.6K
NOI $32,078 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$422.9K
$370.1K – $493.4K
NOI $29,606 @ 7.0% cap · market cap 5.92%
Theoretical Best
Warehouse
$549.0K
$480.4K – $640.5K
NOI $38,432 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
8
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Business Placement
Demographics for 93304, CA
50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Kern County, CA
Properties on Market for Duplexes in Kern County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two private parking spaces accompany a residence with a pantry, granite counters, and central heating and air conditioning.
Where is this duplex located?
The property is located at 57784 Fawn Dr Springville, CA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,570 square feet of combined space; Three bedrooms and 2.5 bathrooms; Built in 2008
