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!
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!
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.
3 detached homes on one lot! Each home has its own dedicated parking next to the unit, enough for 2 large vehicles. 1 unit is occupied with applicants pending on vacant units. Paid for solar panels for each house means tenants get power credit and close to zero electric bills as solar is owned outright, NOT a lease or PPA. 2 Units rented as of Nov 1, 2024 One unit rented $1700 other rented for $1650, one pending at $1575. Faux wood ceramic tile flooring throughout, Durable construction materials all tile roofing. All units have built in dishwashers, stove/oven, microwave. Square footage living area approx 1058 sf per unit, 3120 total sf. Pro forma Cap Rate based on expense ration of 25% of annual rent 6.24 % at list price $699k
Price just reduced on this 4Plex, right now the only Bakersfield 4plex for under $445,000 !! This 4-unit apartment consists of all 1 bedroom 1 bath units. Two units are on the top floor 2 on the bottom. The units are professionally managed, ensuring minimal oversight for the owner. The units are in a high-demand rental area. Some repairs are needed, but there are mostly tile floors in the units, tile around the shower, and some newer cabinetry. This property offers a GRM of LESS than 9, making it a highly desirable acquisition for investors seeking immediate returns and long-term appreciation. There is deferred maintenance, and 2 units have notice to vacate. Seller is looking for cash As-Is offer, or hard money loan at this price.
Attention Investors: This duplex is located in the desirable North Country Meadows community. Each unit features 2 bedrooms, 1 bathroom, laundry hookups and a single car garage. The property has been professionally managed with a combined monthly lease payments of $2,970. Situated just minutes from the new Amazon distribution facility, this property presents an excellent opportunity to add to your investment portfolio.
This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units, an exterior storage closet, a private patio and onsite parking. Each unit is occupied and the property is under professional management.
This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units with an outside storage closet, a private patio and onsite parking. Each unit is occupied and the property is under professional management.
This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units, an outside storage cabinet, private patios and onsite parking. Each unit is occupied and under a professional management.
This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units. Each unit features an exterior storage closet, a private patio and onsite parking. Each unit is occupied and the duplex is under professional management.
Great investment property 4 units locates in good neighbors and walking distance to Williams Elementary School that very attractive to stable tenants. All units are 2 bedrooms w/ 1.5 bathroom. 2 story. Comfortable and practical interior layout ( 2 bedrooms w/ 1 bathroom on 2nd floor. Living room, Kitchen and half bathroom on 1st floor). Each unit has own indoor laundry hookups and central A/C and private outdoor yard space divided by brick wall. Alley access. Large parking in the back of the property. Unit D has new gas water heater, new electric stove range and. Each unit has separately electricity and gas meters. Owner pays water and trash.
Income Property with long term tenants. 3 bedroom, 2 bath home with large living area, garage, laundry hook-ups and backyard. Rent is currently low, adjoining property is rented for $1800. 2729 Agate (adjoining property) is also listed for sale. Close to Valley Plaza and easy access to the 99 FWY.
Well maintained and updated (4) unit apartment building located in highly desirable western side of Bakersfield. Great curb appeal. Fantastic unit mix. (1) 3+2 & (3) 2+1. Each unit has its own laundry hoodkups, hvac, and are separately metered for gas & electric. Excellent location.
Enjoy Monopoly? How about 3 free-standing homes on 2 lots totalling 1/2 acre? Intriguing? 3 long-term tenants would like to stay, and rents are due for an increase. 8845 & 8859 share a water meter, but all other meters are separated. This is a wonderful addition to any portfolio at a fair price.
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.
This property offers an exceptional high cap rate of 8.6% and immediate opportunity to increase cash flow. Current rents are below market and poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month, unlocking substantial revenue potential. Each unit comes with separate utility meters, making it easier to manage costs, while the roof-mounted AC units with central heating and air conditioning provide added convenience and energy efficiency. Most units have been updated in recent years. All units come with a parking, plus 2 guest parking spots; easily reline the lot to create even more parking spaces to increase tenant satisfaction and appeal. This is a rare opportunity for investors looking for a property with strong income growth, low operating costs, and increasing market demand. The laundry room is not being used; this can add more income if operated. The street is part of the city's beautifying project adding additional value for the years to come. Additionally, two new apartment buildings are planned in the area, boosting future demand and property value. Close to shopping and freeways, the building has a very high occupancy rate and quick turnover.
Experience the peaceful serenity of "Rancho El Encanto," a stunning nearly 40-acre estate located in the tranquil Rio Bravo area of Bakersfield, CA. This expansive property, thoughtfully subdivided into two nearly 20-acre parcels, offers endless possibilities for those seeking both a private sanctuary and a productive agricultural haven. The estate features three custom-built residences, totaling 3,944 sq ft of living space, each designed to blend comfort with the beauty of the surrounding landscape. The grounds are adorned with a diverse array of fruit trees, including stone fruits, citrus, apples, pears, peaches, pomegranates, and grapes, all nurtured by a state-of-the-art underwater irrigation system. With two dedicated water wells - a domestic and agricultural/commercial wells. Additionally, the property is serviced by the highly regarded Rio Bravo Greenly public school system and is situated in an area renowned for its excellent water quality. "Rancho El Encanto" is not just a home; it's a tranquil retreat where the peacefulness of rural living meets the possibilities of a productive agricultural lifestyle. This property consists of nearly 40 acres, subdivided into two 19.95-acre parcels with APNs 10403035008 and 10403034005. The 10403035008 parcel includes the three residences at 8241, 8211, and 8205 Koch Road.
Great 2 units with gated drive way for 2 cars and additional parking at the rear. Must see front unit 3 bedroom and back unit 2 bedroom. Both units are current occupied by long - time tenants. More picture coming soon please see remark for showing.
Great 2 units with gated drive way for 2 cars and additional parking at the rear. Must see front unit 3 bedroom and back unit 2 bedroom. Both units are current occupied by long - time tenants. More picture coming soon please see remark for showing.
We proudly present for sale this charming triplex located at 710 Sequoia Drive in Bakersfield, CA. This well-maintained property features three distinct units: a spacious 2-bedroom, 1-bathroom unit in the front, and two 1-bedroom, 1-bathroom units in the back. 2 units has been extensively remodeled, showcasing updated flooring, fresh paint, and new windows. Additionally, each unit enjoys its own gated private yard, providing a touch of personal outdoor space for relaxation and enjoyment. Seller financing available!
Great cash flow investment!! 3 Units are rented with long term tenants, 1 is vacant ready to rent and property management company in place. All units are 2 bedrooms, 812 sq ft with one bathroom and own single car garage. There is also an extra room to install coin up laundry machines. Must be sold together with 3848 Soranno Ave 4 Plex that has shared courtyard.
Great cash flow investment!! 4 Units are fully rented with long term tenants and property management company in place. All units are 2 bedrooms with one bathroom and own single car garage. An extra room that could put coin up laundry machines. Must be sold together with 3836 Soranno Ave 4 Plex w/ shared courtyard.
Charming Duplex in Oildale, Bakersfield, Perfect for Investment or Multi-Generational Living! Welcome to this unique property featuring two well-maintained homes on a single lot, offering versatility and potential. Located in the heart of Oildale, each home boasts spacious living areas, modern comforts, and convenient laundry hookups. Home 1: This cozy 2-bedroom, 1-bathroom residence offers approximately 1,100 square feet of living space. The open floor plan includes a bright living room, a kitchen with plenty of cabinet space, two comfortable bedrooms, and in-unit laundry hookups for added convenience. Perfect for a small family or as a rental property. Home 2: The second home is slightly larger, featuring 2 bedrooms and 2 bathrooms, also with around 1,100 square feet of living space. This home includes a spacious master suite with an ensuite bathroom, a well-appointed kitchen, a comfortable living area, and its own laundry hookups. Both homes share a generous yard, providing park
Opportunity for a 7 unit complex in Oildale. Units are located on a corner lot with street parking and on site parking available. One unit is 2 stories, the other units are 1 story.
Opportunity for a five units in SW Bakersfield. One unit is 3 bedroom, 1.75 bath and four units are 2 bedroom, 1 bath. Parking available. Close to area shopping centers and area schools.
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.