Are You Ready for 2026 Additional Income? Discover an Exceptional Investment Opportunity with this Beautifully Rehabbed Triplex. These 2 Story Townhouses each have 3 Bedrooms and 1 1/2 Baths. Each Unit has Been Thoughtfully Updated, Featuring Modern Finishes, Fresh Interior and Exterior Paint, New Flooring, Upgraded Kitchens with Contemporary Cabinetry and Countertops, and New Updated Vanity bathrooms. No more Swamp Coolers! All Units have Mini Splits. All Have New Security Doors, and Mini Blinds. Even 2 Units have New Water Heaters.The spacious Lot Offers 2 Car Parking Spaces for Each Unit, and Brand New Fence all Around for the Privacy of the Tenants. This Turnkey Property is Ready to Generate Immediate Income. With Month to Month Tenants, this Triplex is Ideal for New and Seasoned Investors. Don't miss the opportunity to own a fully restored multi-unit property in one of Bakersfield's growing areas!
Unlock the potential of this rare multi-unit investment opportunity located in a prime mixed-use corridor! Per city planning records, the property is zoned **C-O (Commercial-Office)**, offering flexible possibilities for redevelopment, office use, live/work conversions, or long-term income growth. The existing structure features multiple residential units in **fixer-upper condition**, ideal for investors, contractors, or visionary buyers looking to add value.Situated on a highly accessible street with strong visibility, this property benefits from convenient proximity to transit, retail, and major employment centers. Bring your creativitywhether you're planning a full renovation, modern office conversion, or maximizing the site's zoning allowances, this is a versatile project with excellent upside.Property sold AS-IS. Buyer to verify all zoning, permits and intended uses with the city.
This is a great opportunity be come an investor two separates APN 3 units buy only 3 units or both are next with different APN If you buy both come with $200,000 down payment and the seller can finance the rest with 7% interest.
this 3 Units is a really god opportunity two separate 3 Units differents APN
Short sale approved. Investors delight! This property needs work. ready for a new owner. new challenges, to be sold as is condition. Needs a new roof.
Duplex for Sale in East Bakersfield - Great Investment Opportunity! Don't miss this rare chance to start or expand your rental portfolio with this affordable duplex in East Bakersfield. The front unit features 3 bedrooms and 1 bath, while the back unit B is a cozy 1-bedroom studio and 1 bathroom perfect for extra income or extended family living. Both properties has separate electrical and gas meters. Enjoy a spacious lot with mature landscaping and plenty of outdoor space. Properties like this are hard to find at this price point.
Investors dream!! Apartments are renovated and ready to be taken over. Perfect someone who wants to live in the front home and have renters pay the bills. Nothing to be done here. Ready to go! LVP flooring and updated kitchens and baths. Call you favorite agent to view!
-- Prime Value-Add Multifamily + Approved 22-Unit Development Opportunity --Rare chance to acquire a *7-unit apartment portfolio* across two well-maintained buildings *4-Plex* and *Triplex* positioned on a large parcel with tremendous upside. This property includes fully approved plans by the City of Bakersfield for a new 22-unit multifamily project, offering investors and developers the ability to earn immediate cash flow from the existing 7 (2 Bed, 1.75 Bath, Indoor Laundry) units while advancing a high-density expansion. All plans and approvals are in place, saving valuable time and reducing upfront development risk. Whether you're looking to grow your portfolio or build out a new multifamily community, this asset delivers strong current income, exceptional future value, and a path to long-term returns. A true turnkey opportunity with major potential in a growing market.
Fantastic investment opportunity in the heart of Downtown Bakersfield. This well-located duplex in downtown Bakersfield features a 2 bed/1 bath unit and a 1 bed/1 bath unit with long term tenants. The property has a new roof and new HVAC and is ready for a NEW owner.This duplex is in a highly walkable area close to restaurants, shops, and entertainment. Ideal for hospital workers -just minutes from Bakersfield Memorial, Adventist Health, and other medical facilities. In this area of Bakerfield there is strong rental demand, and solid long-term upside make this a great portfolio addition. Call today to get more information and see how you can secure this property as your next rental.
Exceptional investment opportunity in Bakersfield! Located at 12119 Edison Hwy, this fully tenant-occupied 5-unit multi-family property generates just under $5,000/month in gross rents, offering strong cash flow from day one. Priced at $479,999.00 featuring (1) 2 bed 1 bath house and (4) 1 bed 1 bath houses totaling approximately 2,397 sq. ft. Current rents range from $690 to $1,250 generating a gross scheduled income of $58,392 per year, with significant upside potential as rents are well below market. This income-producing asset features long term tenants, solid rental history, and immediate returns. A perfect addition to any growing portfolio in a consistently high-demand rental market with excellent potential for continued value growth.
Attention all investorsand especially owner-occupants who want their tenants to help pay the mortgagethis is your time! Welcome to historic Oleander-Sunset and discover 1804 Forrest St, a beautifully rebuilt 4-plex in the heart of Bakersfield. Taken down to the studs and thoughtfully renovated, this property offers two spacious 3-bedroom/1-bath units and two 1-bedroom/1-bath units. Every unit features brand-new flooring, windows, doors, A/C systems, electrical, and plumbing. A detached storage building in the rear includes its own gas and electric meters and can easily be converted into an ADU for additional income potential (buyer to verify). Whether you're looking for your first investment property or expanding your portfolio, this turnkey opportunity in one of Bakersfield's most desirable neighborhoods is not to be missed!
Charming, income-producing property in Southwest Bakersfield. This is an excellent opportunity for an investor or an owner-occupant looking to live in one home and rent the other to help offset the mortgage. The main home features 3 bedrooms and 2 bathrooms, including a downstairs primary bedroom with a full bath, while the additional 2 bedrooms and second bathroom are located upstairs. The home also offers a spacious kitchen and in-unit laundry hookups.The second home includes 1 bedroom and 1 bathroom, also with in-unit laundry hookups. Both homes share side-by-side garages, offering ample parking and storage.Both units are currently rented, providing immediate income. The property also features a beautiful yard with mature trees and is conveniently located within walking distance of Evergreen Elementary.
Introducing 548 Yellow Meadow Court, a solid investment opportunity in the desirable North Meadows submarket of North Bakersfield. This 2004-built fourplex offers an ideal unit mix with two 2-bed/2-bath units and two 3-bed/2-bath units. Each residence includes in-unit laundry hookups and an attached 2-car garage with direct access, enhancing tenant appeal and long-term stability. Property located within 1.5 miles of the Amazon Distribution Center and two industrial parks. Current rents range from $1,520 to $1,800, generating an annual gross scheduled income of $80,640.
Perfect turn-key property with 2 homes on 1 lot ready for primary living, multi generational living or for rental income. The options are endless with this highly maintained, extremely clean and upgraded property. The charming front house has 3 bedrooms and 2 upgraded bathrooms, spacious living room w/a ledgestone fireplace, window seats, beautiful hardwood flooring, nice kitchen w/ new appliances, newly painted interior and the original windows have been replaced. The front house has complete new electrical rewiring, a new 40 gallon water heater, new ceiling fans, along with new indoor and outdoor light fixtures. The back house is an adorable cottage that features a very quaint 1 bedroom 1 bathroom, living room with beautiful hardwood flooring, a cozy kitchen with a darling patio area. The cottage's original windows have been replaced, new blinds, newly painted interior & exterior, new electric rewiring and new lighting. The garage area is conveniently set up for laundry and plenty of storage space including a new garage door, There is a newly remodeled bonus room that is a welcome addition as an office or hobby room. The front house and cottage each have privacy with inviting yards to enjoy that include sperate sprinkler systems. We have a complete list available of the numerous property improvements and maintenance. This is a great investment, move in ready and a must see!!!
4 Total Units here to grow your rental portfolio. Duplex at 115 Decatur was built in 2022. Each unit is 3 bedrooms and 2 bathrooms. 113 Decatur was fully renovated in 2021 with new roof, A/C, flooring, fixtures and appliances. These are 2 bed/1 bath separate houses. All units have fenced yards and are well maintained. Off street parking for all units as well. This is 2 separate APN's being sold together. Square footage of all units total 3288, lot size is 9147 sq ft. All units occupied.
Welcome to 1724 Terrace Way - a beautifully updated investment opportunity!This property has been thoughtfully refreshed, offering modern appeal and strong rental performance. The main home features recent updates throughout, providing comfort and style for tenants or future homeowners. Adding tremendous value, a newly constructed ADU built in 2023 offers 2 bedrooms and 1 bath, designed with a contemporary layout and efficient finishes.Both units are fully occupied and rented at market value, making this a turnkey investment. Conveniently located near schools, shopping, and major commuting routes, this property is ideal for investors seeking cash flow and long-term appreciation.Modern. Profitable. Ready to perform 1724 Terrace Way checks all the boxes.
Looking for Passive income? 2 Duplexes on 1 Lot...Producing $74,400 in Annual Gross income. Each Unit consists of 2 bed 1 bath and 1 car garage. You don't want to miss out on this opportunity.. Call your favorite agent to today!!
Exceptional Investment in Southwest Bakersfield! This duplex offers one 2-bedroom, 1-bath unit and a unique 3-bedroom, 2-bath unit, both in excellent condition. With strong rental income and each unit featuring a detached garage, this property provides a great opportunity for investors. With great upside and appeal in a prime location close to schools, shopping, and dining this one is a must-see for anyone looking for a top-tier investment property!
Welcome to a beautifully maintained multi-unit property located in one of Bakersfield's most desirable gated communities. This investment offers modern living spaces, professional management, and a strong rental history that reflects consistent performance and tenant satisfaction. The property features spacious floor plans, open layouts, and access to exceptional community amenities, including pools, spa, fitness center, clubhouse, and landscaped common areas. Its prime location provides easy access to nearby shopping, schools, and major transportation routes, offering both convenience and long-term value. Whether you're expanding your portfolio or seeking a stable addition to your investment strategy, this property combines comfort, quality, and reliable management a true turnkey opportunity in the heart of Bakersfield.
Beautifully remodeled duplex in East Bakersfield! Each unit shines with fresh updates new flooring, paint , newer mini splits systems for efficient cooling and heating and washer/dryer hookups and so much more. Each unit is separated to add to more privacy with their own yards. The front unit has 2 bedrooms 1 bathroom and the back unit features 3 bedrooms 1 bath plenty of parking space so you can accommodate multiple vehicles and Rv parking! Don't miss out on this great opportunity to live in one and rent out the other, or enjoy a steady rental income from both.
A nice condo complex one and a half blocks to Memorial Hospital and other care facilities. Ideal for a 1031 Tax Deferred Exchange or a family that wants to live near-by. I know my grand parents are safe and I could be there in seconds, what's that worth ? Great condo complex, gated, assigned parking, swimming pool, small gym, BBQ, Club house and well maintained with an on-site manage. Bulk Sale one price $525,000.00 for three separate condo units. Condo fees are $345.00 per month.
Discover a prime value-add multifamily opportunity at 1912 Hasti Acres Drive, a well-maintained 4-plex located in a strong rental market of Bakersfield. Each of the four units features 2 bedrooms and 1 bathroom, along with its own private 1-car garage, offering tenants both comfort and convenience. This property presents a significant upside potential for investorscurrent rents are below market, allowing for substantial income growth through strategic renovations or market rent adjustments. Situated in a desirable neighborhood with consistent rental demand, this asset offers long-term appreciation potential. Perfect for the savvy investor looking to unlock hidden value and maximize returns.
Discover a prime value-add multifamily opportunity at 1912 Hasti Acres Drive, a well-maintained 4-plex located in a strong rental market of Bakersfield. Each of the four units features 2 bedrooms and 1 bathroom, along with its own private 1-car garage, offering tenants both comfort and convenience. This property presents a significant upside potential for investorscurrent rents are below market, allowing for substantial income growth through strategic renovations or market rent adjustments. Situated in a desirable neighborhood with consistent rental demand, this asset offers long-term appreciation potential. Perfect for the savvy investor looking to unlock hidden value and maximize returns.
Adorable 2 homes on 1 lot in East Bakersfield. Front unit is 2 bedrooms, 2 bathrooms. Back unit is 1 bedroom, 1 bath. Both units are clean and ready for their new occupants. Alley access. Close to area shopping, downtown Bakersfield, and local thoroughfares.
Calling all investors or those needing a multi-family property! This property is 2 homes on 1 very large lot. The front house is 2 bedrooms 1 bath 952 sq. ft. and the back house is 1 bedroom 1 bath 700 sq. ft. This home has always had tenants but they just moved out so it's the perfect time to grab it and place your own, or live in it yourself. The large lot provides privacy for both houses.
Bakersfield is located in California. 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.
