7016 Ming Ave, Bakersfield, CA 93309
Five-unit multifamily property available for sale.
- Added:
- Mar 10, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 3:34 pm
Property Features for 7016 Ming Ave
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing office ASU Commercial
Listing date Mar 10, 2026
Source Crexi
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 ASU Commercial
HighLights
- Multifamily property with 5 units.
- Price per unit: $166,000.
- Built in 1979.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.7k | $23.28 |
| − Vacancy | −$6.7k | −$1.40 |
| EGI | $105.0k | $21.88 |
| − OpEx | −$47.3k | −$9.85 |
| NOI | $57.8k | $12.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.080228
- Latitude
- 35.3360566
