Bakersfield CA Multi Family for Sale

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Type:
Other
Sq.Ft.:
4,254
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1970
Baths:
MLS#:
202411780

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
2,349
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1942
Baths:
MLS#:
202411773

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
3,120
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1950
Baths:
MLS#:
202410797

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
3,610
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
2006
Baths:
MLS#:
202410326

ADDITIONAL INFORMATION

We are excited to bring to market a lucrative twelve (12) unit multifamily investment in the thriving Bakersfield Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This prime asset comprises two contiguous parcels: an eight-unit building built in 2006, and a four-unit building from 1968, both featuring spacious one-bedroom, one-bathroom units designed for solid performance. Investors can seize a rare opportunity for immediate revenue growth with an 11% rental upside, ready to be capitalized on. Five of the twelve units have been tastefully remodeled, achieving top-market rents. This presents a fantastic opportunity for the new owner to capitalize on the remaining potential by completing the remodels on the other seven units and unlocking even greater rental income. This is an exceptional opportunity to acquire a robust asset with immediate cashflow.

Type:
Other
Sq.Ft.:
1,710
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1948
Baths:
MLS#:
202408994

ADDITIONAL INFORMATION

Three-Unit Income Property in Westchester Downtown** Explore this exceptional investment opportunity in Westchester! This three-unit residential property features two spacious 2-bedroom, 1-bath units and a convenient bachelor unit located in the back 2 garage building, 1908 Sq Ft of living space, per seller. Each unit boasts its own separate utility meters for power and gas, ensuring tenant independence and streamlined management. While it needs a bit of TLC, this income producing property is a fantastic investment with great potential in a prime location near downtown Bakersfield. Don't miss your chance to invest in a prime location with excellent income potential. Schedule your viewing today!

Type:
Other
Sq.Ft.:
2,320
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1954
Baths:
MLS#:
202409197

ADDITIONAL INFORMATION

Prime Income Opportunity in Westchester! This 5-unit residential income property in the heart of Downtown Bakersfield features five 1 bed/1 bath units across two buildings. Includes four single-car garages. Located in a highly desirable area, this is a fantastic investment for steady rental income in a sought-after neighborhood. Don't miss out on this rare find!

Type:
Multi-Family
Sq.Ft.:
1,471
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1923
Baths:
MLS#:
202409316

ADDITIONAL INFORMATION

Great investment property conveniently located near downtown Bakersfield. This unique offering includes two separate homes on one lot, providing excellent rental income potential and flexibility for any investor or owner-occupant. The Front unit is 3bd/1ba approximately 1,084 SF Currently rented at $1,250 and the back unit contains 1bd/1ba approximately 450 SF currently rented at $950/month. Both units are well-maintained, and the property's central location makes it highly desirable for tenants, offering quick access to downtown, shopping, dining, and major transportation routes. Whether you're a seasoned investor or looking to start your real estate portfolio, this property provides a great opportunity for cash flow with room to grow.

Type:
Triplex
Sq.Ft.:
2,388
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1980
Baths:
MLS#:
NS24209615

ADDITIONAL INFORMATION

Tri-plex in Central Bakersfield. Great curb appeal and spacious units with 2,388 sq ft of livable space. Recently renovated interiors on these 2/1 units. All three have HVAC's, paved driveway in back.

Type:
Cluster
Sq.Ft.:
7,144
Status:
Active
Beds:
n/a
Lot size:
0.39 Acres
Year built:
1984
Baths:
MLS#:
24414483

ADDITIONAL INFORMATION

CBRE, Inc. is pleased to exclusively present 2410 S. M Street, a twenty-unit multifamily investment property in Bakersfield, California. On the market for the first time in 20 years, The M Street Apartments are located three minutes from the Bakersfield Municipal Airport and 1 hour and 20 minutes from The City of Los Angeles. Constructed in 1984, the 20-unit 7,144 square foot building sits on a 16,988 square foot lot. 50% of the gross revenue is government subsidized via HUD and CalVet, providing the new owner security of cash flow. The property has a unit mix of 20 studio/1 bath units with an uncovered parking lot and serviced by three central water heaters. The roofs on both buildings have also been replaced within the last 24 months. The M Street apartments are a true value-add investment opportunity for an astute investor looking for a hedge against inflation. Please contact listing agents for more information.

Type:
Other
Sq.Ft.:
11,283
Status:
Active
Beds:
n/a
Lot size:
0.74 Acres
Year built:
1976
Baths:
MLS#:
202405204

ADDITIONAL INFORMATION

Looking for somewhere to complete your 1031 Exchange? Look no further than 3510-3520 Jewett Ave. This 12 unit mixed multifamily property has been consistently producing great cash flow since its inception. The property consists on 2 single family homes 260k/door, 1 duplex 150k/door, and an 8-unit apartment building 103.75k/door. Due to low vacancy and high rental demand this property will be sure to produce consistent returns for years to come.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.25 Acres
Year built:
1907
Baths:
MLS#:
CRPF24083602

ADDITIONAL INFORMATION

Attention First Time Home Buyers. Live in one unit and collect rents to offset your monthly payment. This fully rented triplex is close to schools, work, shopping, dining, public transportation and local hospitals.

Type:
Triplex
Sq.Ft.:
1,856
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1907
Baths:
MLS#:
PF24083602

ADDITIONAL INFORMATION

Attention First Time Home Buyers. Live in one unit and collect rents to offset your monthly payment. This fully rented triplex is close to schools, work, shopping, dining, public transportation and local hospitals.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1938
Baths:
MLS#:
CRAR23058796

ADDITIONAL INFORMATION

When opportunity knocks will you answer? The Park Motel’s doors await your decision... The Park has a long history that has proven just how profitable this property’s location and name recognition has been in Bakersfield. Strategically located on a busy thoroughfare, adjacent to downtown Bakersfield and the trendy shops and restaurants of Mill Creek. This well-situated location is perhaps why with a mere 15 rooms The Park grossed well over 200k last year! Turnkey management is well functioning and is in place for your convenience or you can run it yourself and get rich quick! High output 15 units that grossed well over 200k last year! Features: Spacious two bedroom manager unit, Cable TV, Internet, CCTV system, Courtyard & guest barbecue. Guest Laundry & Vending. On-site motel laundry / linen facility.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Bakersfield Association of REALTORS®. All rights reserved.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated today.



Bakersfield Real Estate

The median home value in Bakersfield, CA is $349,300. 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 $349,300. 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 93301 has a population of 398,756. Bakersfield 93301 is less family-centric than the surrounding county with 34.16% 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 93301 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 93301 is 31.3 years.

Bakersfield Weather

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.

Bakersfield Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    97
    30-day change

Bakersfield Schools and Demographics

Education near Bakersfield, CA

Metric City County
High School Graduates 81.53 75.95
College Degree - 2 year 8.84 7.91
College Degree - 4 year 22.94 17.61
Graduate Degree 5.61 4.38
Expenditures per Student 15,207 15,207
Students per Teacher 22.6 22.6

Elementary Schools near Bakersfield, CA

School Grades Students P/T Ratio ZIP
Amy B. Seibert Elementary KG - 06 764 23.7 93304
College Heights Elementary School KG - 06 884 21.1 93305
Downtown Elementary School KG - 08 314 22.4 93301
Franklin Elementary School KG - 06 479 22.8 93301
Longfellow Elementary School KG - 06 818 22.1 93305
McKinley Elementary School KG - 05 773 21.5 93304
Myra A. Noble Elementary KG - 05 925 23.1 93305
Norris Elementary School KG - 06 979 25.4 93312
Stella I. Hills Elementary KG - 05 549 20.3 93301
Veterans Elementary School KG - 06 1,005 25.1 93312
W. A. Kendrick Elementary KG - 05 802 25.9 93304

Middle Schools near Bakersfield, CA

School Grades Students P/T Ratio ZIP
Curran Middle School 06 - 08 828 24.1 93309
Emerson Middle School 06 - 08 737 23.6 93304
Fred L. Thompson Junior High 07 - 08 741 20.4 93309
Fruitvale Junior High School 07 - 08 711 23.7 93312
Norris Middle School 07 - 08 939 26.8 93312
O. J. Actis Junior High 07 - 08 676 21 93309
Sequoia Middle School 06 - 08 1,096 26.1 93304
Washington Middle School 06 - 08 662 26.1 93305

High Schools near Bakersfield, CA

School Grades Students P/T Ratio ZIP
Bakersfield High School 09 - 12 2,790 27.4 93301
Centennial High School 09 - 12 1,969 26.7 93312
KERN Workforce 2000 Academy 09 - 12 406 19.5 93309
Liberty High School 09 - 12 1,926 30.6 93312
South High School 09 - 12 1,967 27.8 93304
West High School 09 - 12 2,124 28.2 93309

Ungraded Schools near Bakersfield, CA

School Grades Students P/T Ratio ZIP
* Vista Continuation High School 09 - 12 228 18.7 93304
Kern County Community School KG - 12 1,101 24.6 93301
KERN County Juvenile Court KG - 12 371 17.9 93301
Kern County Special Education School KG - 12 503 7 93301
Rafer Johnson Childrens Center UG - UG 0 93304
Valley Oaks Charter School KG - 12 1,242 33.8 93301

Demographics near Bakersfield, CA 93301

Metric Zip Code City
Neighborhood Type Suburban
Population 398,756 905,644
Population Density 2,663 111
Median Age 31.3 32.1
People per Household 3.2 3.2
Median Household Income 69,014 58,824
Average Income per Capita 28,837 25,328