Ideal Investment Opportunity in a Prime Location! This 4-plex is situated in a bustling area with strong rental demand, making it an attractive addition to any portfolio. With potential for value-add through rent adjustments, this property offers opportunities for savvy investors looking to optimize its performance. Conveniently located and well-suited for multifamily investment strategies, this property is ready for your vision.
Exceptional Investment Opportunity! This centrally located Bakersfield triplex offers three well-maintained 2-bedroom, 1-bathroom units, all featuring in-unit laundry hookups for added convenience. The middle unit boasts paid solar, significantly reducing energy costs. The entire property is thoughtfully designed for handicap accessibility, ensuring inclusivity for all residents. Additional amenities include a 4-car gated covered carport, providing secure and shaded parking. Plus, the front unit has a separate car garage! Whether you're looking to expand your rental portfolio or house-hack with additional income potential, this property combines modern features, functionality, and an ideal location. Don't miss out on this unique opportunity! For more details or to schedule a showing, contact us today.
Desirable fourplex in the S.W! This investment opportunity offers multiple options for investors or homeowners! This fourplex has three vacant units allowing for a savvy homeowner to live in one & rent out the other two for current market rents while currently collecting rent on the one unit that is rented. The same is true for an investor; they would be able to rent the three vacant units for market rents. The vacant units are rent ready. All four units include 2 car garages w/ washer/dryer hookups, & are separately metered for gas & electric. These units also have private patios & all the downstairs units have small backyards!
Priced to sell! This prime income property consists of three homes on one lot, generating steady monthly revenue. The property includes (2) 3bd/1ba Units and (1) 1bd/1ba unit. All units are on month-to-month leases, offering flexibility for future rental adjustments or updates. Conveniently located in East Bakersfield in close proximity to shopping, dining and the Kern Medical Center.
Attention Investors and First-Time Homebuyers! COMPLETELY RENOVATED 2-Homes-on-1-Lot ... Live in one and rent the other! FHA ready. Incredible low vacancy Downtown Bakersfield location. Front house is a large, low-maintenance 3-bedroom, 2-bath with extra living space and Central Air & Heat. Both homes have been recently renovated with tile floors throughout, new kitchens, new cabinets, new paint, and renovated bathrooms on both homes. Each home has a NEW ROOF. The back house has its own entrance and alley access. Highly desirable rental area due to easy access to downtown corridor, governmental buildings, restaurants and transportation. Back house is currently leased for $900/month; front house rental range $1500 - $1800/month. Seller is offering a $10,000 buyer credit with full price offer. Priced to sell. Text listing agent for more information.
We’re excited to offer this fantastic fourplex in the highly desirable Quail wood neighborhood. Each unit boasts two bedrooms and one bathroom with their very own double parking! This ideal for investors or owner-occupants. FHA and Conventional financing are both available! Every unit comes with in-unit laundry for added convenience. Conveniently located, the property is just minutes from California State University, Bakersfield, along with a variety of shops and dining options. This is a prime investment opportunity in one of Bakersfield’s most sought-after areas—contact the listing agent today for more information!
Introducing an enchanting fourteen-unit cottage-style apartment complex for sale. Comprising fourteen (14) one-bedroom, one-bathroom units, set on a 27,007 sq.ft. lot with 7,280 sq.ft. of gross rentable space. The majority of units underwent renovations in 2021 and has plenty of room for rental increases. Nestled in Bakersfield's coveted downtown, these cottages promise low vacancy rates. Don't let this chance slip away to own a slice of the picturesque and historic Oleander Community!
Investment opportunity to expand your rental portfolio. These units are located in the Oildale community. This property is a two story duplex. Each unit is 1 bedroom, 1 bath. Uncovered parking.
This is a great investment opportunity featuring two homes on one large, fenced, corner lot in Northeast Bakersfield near Bernard Street and Haley Street. You can live in one and rent out the other. The main house has 3 bedrooms and 1 bath and tile flooring throughout for easy maintenance. The kitchen has been updated. The smaller unit is a permitted converted garage with 1 bedroom, 1 bathroom and a living room or 2nd sleeping area. The smaller unit has a separate entry for vehicles from San Luis Street and there is a fence on the lot separating the yards for each unit. Buyers to do their own due diligence regarding permitting, zoning and any other regulatory issues.
Perfect property for first time investor or somebody looking to add another rental property to their portfolio. Property consist of two Three bedrooms one bath each with their own separate yard and entrance with low maintenance.
Great duplex in the highly sought after Highland Knolls! Live in one and rent the other. This duplex consists of two comfortable size bedrooms and one bath. The spacious living room has a sliding door connecting you to the patio creating a comfortable setting for bbq's or just enjoying you morning coffee. Good size kitchen and dining connecting to the laundry room. Tow car garage for each unit. This duplex will not disappoint.
2 homes on 1 Lot. Main house seller has updated windows, hvace, flooring, plumbing, kitchen, bathroom. Complete remodel and very clean, ready for new owners! Garage has been converted into Guest House or Mother In Law Quarters. Spacious studio with oversized walk-in closed, larger bedroom/studio area with room for living room. Functional shower toilet sink. Has Swamp Cooler. Not Permitted but completed in workman like manor .
Great investment property, each unit is a 2 bd, 1 bath, each with laundry hookups. RENTS are LOW. Property is 4 units consisting of 1 SFH and 1 triplex.
Great investment opportunity. A duplex on a huge corner lot. Front unit is a 1 bedroom, back unit is a 2 bedroom. The back unit needs some TLC. Endless possibilities. Buyer to verify all information, zoning, etc. Property will not go FHA. Per seller property use to be a store. 1 gas meter 1 water meter separate electric meters. Front tenant pays $600 includes utilities.
Welcome to this exceptional investment opportunity located on a spacious lot. This complex comes with a total of 8 units , four two bed/one bath, and four one bed/ one bath, This complex is designed for optimal rental income with several long term tenants, and an impressive cap rate. The large lot offers generous parking area for all units and potential for expansion. All units have separate pge meters.
Value-Add Opportunity 7-Unit Apartment Complex in Downtown Bakersfield. This 7-unit apartment complex, ideally situated in the heart of downtown Bakersfield, is surrounded by major employers and key businesses, making it an excellent opportunity for investors seeking a property with strong rental demand and value-add potential.
Here's your chance to own a fantastic income producing property with two homes and a studio on a single lot. The first home features 3 bedrooms, 2 bathrooms, a carport, hardwood floors, carpet, a spacious kitchen, and a breakfast area. Some units have been updated with valuable upgrades, including a tankless water heater, fresh paint, a newer swamp cooler, a mini-split system, and newer sewer plumbing lines, adding extra value to the property. The second home is a 2-bedroom, 1-bathroom unit, offering excellent rental potential. Additionally, the garage has been converted into a permitted studio, ready to be rented for additional income. All appliances are included, and the property comes with a new fridge. The entire lot is fenced with block walls and iron gates for privacy and security. Each home has its own private yard, separated by fencing. This property offers a great opportunity to generate rental income with multiple updated units.
Welcome to this exceptional investment opportunity located on a spacious lot. This complex comes with a total of 8 units , four two bed/one bath, and four one bed/ one bath, This complex is designed for optimal rental income with several long term tenants, and an impressive cap rate. The large lot offers generous parking area for all units and potential for expansion. All units have separate pge meters. Great long term investment and cash flow
Discover the perfect opportunity for first-time homebuyers or investors with this delightful property featuring two units on a single lot. Each unit boasts 1 bedroom and 1 bathroom, with storage sheds offering approximately 720 sq. ft. of cozy living space. Nestled on a spacious 5,702 sq. ft. lot, this home is just steps away from bustling Niles Street, providing easy access to shopping centers, schools, freeway access and a variety of dining options. Front unit was recently renovated and the back unit is occupied with long term tenants. Whether you're looking to live in one unit and rent out the other or simply enjoy the benefits of dual living spaces, this property has it all! Don't miss your chance to embrace the charm and convenience of East Bakersfield. Schedule a showing today!
Pride of Ownership triplex in South West Bakersfield, newer roof on all units, all units have central A/C, each unit has one car garage and indoor laundry. Long term tenants and all 3 units are kept in really good shape.
Great opportunity to own a good investment property with 2 homes on one lot. Each unit is 2 bedrooms/1 bath and both are occupied.
We are honored to present the sale of this 4plex property. This 4plex has all units offering 3bedrooms/2 bathrooms which also have its own assigned off-street parking available. The property's location is prime, close to restaurants, grocery stores and to freeway access.
Looking to add to your property portfolio? This cash-flowing triplex is an investor's dream! Located in a established neighborhood, it offers the perfect blend of comfort and convenience. Each unit features modern amenities and ample natural light. The private yards provide a rare outdoor retreat for tenants, while the gated parking ensures peace of mind. Close to shopping and schools.
Rare investment GEM! Two dwellings totaling 4 units on one lot and room to add! Two addresses to the property 5 Northrup and 11 Northrup, 5 Northrup is a 3 unit building and 11 Northrup is next door as a stand alone unit. All units are 2 bedroom, 1 bathroom with street parking! Financials are all acccurate YTD from 1/1/24-10/11/24. All rents are below market with room to increase them substantially!
525 Butte St- We are pleased to present the opportunity to acquire 2 Homes on 1 Lot with industrial zoned land (M-1) in the City of Bakersfield. The front unit is registered as 2 beds, 1 bath and 1,214 SF and the back unit shows 1 bed, 1 bath with 492 SF with alley access. The back unit is currently vacant and just underwent complete restoration from previous fire damage.
The median home value in Bakersfield, CA is $390,000. This is higher than the county median home value of $334,900. The national median home value is $338,100. The average price of homes sold in Bakersfield, CA is $390,000. Approximately 56.78% of Bakersfield homes are owned, compared to 37.99% rented, while 5.24% are vacant. Bakersfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bakersfield real estate agent to arrange a tour today!
Bakersfield, California has a population of 398,756. Bakersfield is more family-centric than the surrounding county with 37.17% of the households containing married families with children. The county average for households married with children is 36.03%.
The median household income in Bakersfield, California is $69,014. The median household income for the surrounding county is $58,824 compared to the national median of $69,021. The median age of people living in Bakersfield is 31.3 years.
The average high temperature in July is 97.4 degrees, with an average low temperature in January of 37.7 degrees. The average rainfall is approximately 7.2 inches per year, with 0.1 inches of snow per year.