Remarkable investment opportunity, this property features not one, but two beautifully upgraded homes on a single lot. This is smart living that appeals to families valuing both space and privacy. Both units have been refreshed with modern upgrades, creating a welcoming vibe, while the newer flooring adds a touch of sophistication. The back unit shines with its own well-equipped kitchen, offering essential convenience and privacy. Owning two homes on one lot isn't just about space; it's a game-changer for multigenerational living. You can keep loved ones close while providing them with their own upscale sanctuary. Plus, there's fantastic potential to generate rental income. With private entrances and beautifully landscaped yards, each home offers individuality and outdoor enjoyment. Located in a friendly neighborhood, you're just a short drive from the vibrant energy of Los Angeles. Square footage displayed is only for front house and does not include the aprox 400 sf back house.
We proudly present this five-unit multifamily property with significant upside potential. The property includes a diverse unit mix: one 3-bed/1-bath, one 2-bed/2-bath, two 1-bed/1-bath units, and a studiomaximizing tenant appeal. Four units have been extensively remodeled, featuring upgrades like vinyl flooring, new windows, AC units, countertops, and modern appliances. The front house, freshly painted, offers a value-add opportunity with minor TLC. Current rents are $400-$500 below market, allowing for rental growth. Key improvements include a new main sewer line from the front house to the alley and updates to plumbing and electrical systems, enhancing long-term performance and reducing maintenance costs. This property is ideal for investors looking for immediate cash flow and substantial rental upside in a growing market. ACTUAL SQFT IS AROUND 3500SQFT PER OWNER (Garage conversion)
This property features two cozy 1-bedroom, 1-bathroom units, perfect for both investors and first-time buyers looking for rental income. Each unit offers comfortable living spaces, ample parking, and a private, gated yard. The property also includes a detached garage size storage unit, adding further convenience for tenants or additional storage. This duplex is situated close to shopping, East High School, and right across from KMC Hospital, making it a prime spot for tenants seeking accessibility to daily conveniences.
Opportunity Knocks!! Great Investment Opportunity in Bakersfield!! This Duplex features 2 bedrooms, 1 bath. Each unit has their own private driveway and backyard. Laundry area for each unit. Extensive lot size with Over 11,000 sq.ft. with room to add another unit. Long term tenant in unit A; Unit B has been recently renovated it with travertine tile floors, newer wall A/C unit & recessed lighting. The units are centrally located close to shops and transportation.
Two Homes on One Lot - Extraordinary Multi-Generational or Investment Opportunity! This remarkable property features two distinct homes, offering endless possibilities for next-gen living or a savvy investment. The primary home showcases 1,608 sq ft of 4 generous bedrooms, 2 bathrooms, 2 expansive living areas, and is freshly updated with new interior and exterior paint, modern light fixtures, plus a charming covered front porch and a spacious covered back patio. The impeccably maintained second home, featuring 1,209 sq ft, has 1 bedroom and 1 bathroom, and is equipped for a world of possibilities. Additional standout features include an oversized garage/shop, RV parking, and a backyard shed for extra storage. With A-1 agricultural zoning, this property is ideal for those desiring a rural lifestyle with space for animals and farming, while still enjoying the convenience of nearby amenities. Don't miss the chance to own this rare and versatile gem--schedule your showing today!
Great opportunity to own a 4plex in east Bakersfield.
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.
Open House:
Sunday, 11/17 12:30-4:00PM
This property is a DUPLEX. Live in one and rent the other, or rent both units, or two families can purchase and live in. Take a look at this unique investment opportunity! FHA eligible and perfect for first-time homebuyers, Investors, looking to generate passive income. Two separate structures with plenty of parking for two RV's and regular vehicles. The property features Remodeled brand-new kitchens and bathrooms with quartz countertops and stylish cabinets, showcasing true pride of ownership. Added bonus, both units have Washer & Dryer hook-up, Mini Splits. Back unit is a 3 Bedroom with 1 Bath. Front unit is a 2 Bedroom with 1 Bath. This property is truly a Gem.
Perfect property for first time investor or someone looking to add anther investment property to their portfolio. Duplex in the front with one bedroom one bath each and back house is one bedroom one bath with it's own separate yard and entrance. There is also a double car garage that can be turned into an ADU for more income and plenty of room to add more additional rooms to back house. Owner has kept the property in good condition.
Here is a BRAND NEW home offering so much. The front home is 1204 SF with a 2 story floorplan. The first floor offers you a bright and open space with gorgeous granite counters and stainless steel appliances. This is a well planned home with a half bath on the first floor as well. The second floor is where you'll find the 3 spacious bedrooms and TWO ADDITIONAL FULL bathrooms, one within the primary bedroom. You will have a 1 car attached garage in the front home. To help with the heat of the summers, you will be able to keep your AC as low as you want because your paid for and included the price solar panels will save you so much $$$ So now onto the back ADU unit. This is a 744 SF 2 bedroom 1 bath plan. It also has a granite kitchen with stainless steel appliances. It also has paid for and included in the price solar panels. This BONUS unit can be used for whatever you want...extended family, additional monthly income, separate space for teenagers, art studio, gym....????
Excellent opportunity to own a fully occupied tri-plex, conveniently located on the southwest side of town.
Discover this tenant-occupied 2 homes on 1 lot, featuring separate, spacious front and back yards, offering plenty of parking. The first unit includes 3 bedrooms and 2 bathrooms, complete with a garage and additional uncovered parking and a newer HVAC unit. The second unit has 2 bedrooms, along with a well-appointed bathroom and ample parking. Unit has newer AC split unit. Situated within the desirable Greenfield Union School District, this property is perfect for investors looking for a great rental opportunity! Larger home 2 bedrooms 2 bath with 1 car garage.
Take advantage of this prime 10-unit apartment complex featuring ten 1-bedroom, 1-bathroom units, with 9 out of 10 currently rented. This property offers a solid income stream and includes on-site laundry for added convenience. Located near Meadows Field Airport, local restaurants, and parks, it’s an attractive option for tenants seeking both comfort and accessibility. This is a great opportunity to expand your investment portfolio with a property that promises steady rental income. Don’t miss out on this excellent investment—act fast!
Duplex-(Front) 2 Bedrooms 1 Bath. Kitchen living Room at bottom. Other unit - features 1 Bedroom and 1 Bathroom in the back. House updated in 2000. Offers subject to interior inspection. Only CASH or HARD MONEY only.
This well kept duplex is located in a highly popular rental area and a great addition to any investors portfolio. Both units feature 2 bedrooms, 1 bath, with the same floor plan measuring approximately 750 sq ft each, central heating/air conditioning, indoor laundry and fresh exterior paint in the last 12 months. Unit A features updated tile in the kitchen, hallways and bathrooms and newer carpet in the bedrooms. Unit B has updated windows, a spacious private backyard and uncovered parking for up to 4 cars. These units are fully occupied and will cash flow from day 1!
Ready to add another unit to your portfolio, positive cash flow with room to grow. All three units have been updated and are currently tenant occupied. Reduced energy from the grid through solar system and with a coin operated laundry room to help with expenses.
Don’t miss out on this fantastic quadruplex, a great addition to your investment portfolio! This property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently rented out and generating income. Conveniently located near Meadows Field Airport, local restaurants, parks, and more, it offers easy access to everything your tenants need. Most units have been recently updated, adding value and appeal to the property. This is a solid, income-producing opportunity that won't last long—call today!
Here is the income producing opportunity you have been waiting for. The property was purchased in November 2022 and has been extensively updated in the last two years. This property features 2 homes on 1 lot. 2011 & 2011-1/2 Orange st. These properties are in the desirable Oleander area near BHS. The front home has 2 bedrooms and 1 bath and is 926 sq ft. The rear home has 2 bedrooms and 1 bath and is 750 sq ft. The front unit is currently tenant occupied. Properties have newer interior paint, flooring and mini-split A/C units. Exterior paint is newer as well. Property will qualify FHA. Don't miss this chance to add to your investment portfolio in a desirable neighborhood. Ideal for savvy investors or owner-occupants looking for rental income. Schedule an appointment to see this property today!
***MULTIFAMILY APARTMENT BUiLDING INCOME OPPORTUNITY*** FULLY AND MAINTAINED 18 UNIT APARTMENTS. RECENT RENOVATIONS/ UPGRADES TO SEVERAL APARTMENTS. RELIABLE RENTAL INCOME STREAM. STRONG DEMAND AND CONSISTENT OCCUPANCY RATES. . (2) TOWNHOUSE STYLE 2BEDROOM 2BATH AND (16) 1BEDROOM 1BATH APARTMENT, 8 OF THEM IN THE 1ST FLOOR WITH A NICE SIZE OF PATIO AREA AND THE OTHER 8 ONE BEDROOMS ARE IN THE 2ND FLOOR WITH BALCONIES. EACH APARTMENT WITH OWN ELECTRIC AND GAS METER. PROPERTY HAVE A TOTAL OF 41 PARKING SPACES. CLOSE TO STORES, RESTAURANTS, FWY 99 AND FWY 204
This incredible property features a spacious 5-bedroom, 3-bath main home with a 2-car garage, private yard, and an oversized driveway. In the back, you'll find a duplex with two 1-bedroom, 1-bath units, perfect for additional rental income. All units are on separate meters, and the entire property sits on a generous 14,000 sq. ft. lot. Currently tenant-occupied, this is a fantastic investment opportunity with built-in cash flow. Act now!
Triplex Income Property - Investor's Dream! Spacious 3 bed, 2 bath unit plus two 2 bed, 1 bath units. Perfect for rental income! Needs some TLC, with some updates, you can significantly raise the rents and boost your investment return. A prime opportunity to add value and grow your portfolio. Don't miss out!
Investment Opportunity! This gated 4-unit complex offers steady cash flow with two fully-occupied duplexes. Each unit provides 3 bedrooms and 1.5 baths, featuring functional amenities like central AC/heat and in-unit laundry hookups. The property includes fenced front yards for added privacy and 8 uncovered parking spaces (2 for each unit) with a cinder block perimeter wall. Currently rented and cash-flow positive, this complex presents a straightforward entry into multifamily real estate. Ideal for investors looking to expand their portfolio with a no-frills, income-generating property.
This single-story property boasts a front unit with a roomy three-bedroom, two-bathroom layout plus three more units, each with their own cozy two bedrooms and one bath. Every unit comes with in-house laundry hookups, a garage offering off street parking and extra storage space plus a private yard/patio. Close proximity to California State University, Bakersfield along with a smorgasbord of shops and eateries. Call the listing office for more details.
Great opportunity for first time buyer or investor. Two Homes on one Lot. Front home features 924 sqft with 3 bedrooms, 2 bath with in-door laundry, but is in need of major repairs/construction. Once occupied home can be rented for approximately $1500. Back Home is 1000 sqft built in 2006 and features 3 Bedrooms, 1 Bath, A/C, and its own parking area, current tenant pays $1500 a month in rent. Homes have separate electrical and gas services. Property is priced accordingly. Would be a great addition to any rental portfolio.
Discover your next investment opportunity with this beautifully remodeled property, featuring a fully occupied duplex and a single-family home. The house was recently remodeled with a new roof, air duct system, flooring, windows and paint. Ideal for investors or homeowners looking for rental income, this property offers modern amenities and exceptional value. This property is a rare find with all units occupied and generating steady income. Don't miss out on this opportunity to add a turnkey investment to your portfolio.
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.