Discover a prime value-add multifamily opportunity at 1912-1916 Hasti Acres Drive, a well-maintained 8 unit property located in a strong rental market of Bakersfield. Each of the eight 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.
Well-located duplex offering a great opportunity for investors seeking a versatile income property in Bakersfield. The property features two separate units on separate meters, including 2 spacious units both with 2 bedroom, 1-bath, each with its own private living space. Both units are currently occupied. The property offers a practical layout and is well suited for long-term rental use. Property is zoned R-2 and may offer potential for an ADU, subject to zoning and City approval. Conveniently situated near schools, shopping, dining, and major roadways for easy access throughout the city. Don't miss this opportunity!
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.
Unique multi-structure property featuring three homes, an industrial shop, and horse stables on a large lot. The main residence includes a private pool, with two additional homes offering flexible living or income potential. Well-suited for multi-generational living, rental use, or owner-user opportunities. Functional layout allows separation of residential, work, and agricultural spaces. Rare offering with versatility, space, and strong use potential.
Great investment opportunity! A beautiful 4-unit property located in the Glolden Valley Luxury Apartments Complex in Bakersfiled. This 4-plex offers all units with at least 2 bedrooms, making it ideal for any potential tenant. Each unit also has their own washer & dryer hookups, as well as covered parking. The Complex is well maintained and includes ammenities like a swimming pool and basketball court, which is an excellent way for tenants to relax and unwind. This property is also conveniently located to Highway 99 and just a few minutes from Downtown Bakersfield.
Welome to this amazing opportunity. Here is a new construction duplex you can add to your portfolio or live in one and rent out the other. Each unit is 1,040 sq.ft. and has 3 bedrooms 1.5 baths including a laundry room. These units are all electric (no gas) and have a PPA system that should be of great help. These are a must see, shedule your private showing today.
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.
We are pleased to present 2700 White Lane, a 149-unit studio apartment community situated at the Highway 99 interchange in Southwest Bakersfield's Wible Orchard neighborhood. Originally constructed in 1965 as a Howard Johnson hotel, the property has been converted to multifamily use under Conditional Use Permit 23-0642, approved by the Bakersfield Planning Commission on February 29, 2024. The asset is being offered as a court-supervised sale through a receivership, presenting a compelling heavy value-add opportunity with a defined scope of remaining work, strong rental comparables, and deep Section 8 demand.The two-story, L-shaped property encompasses approximately 61,500 square feet of building area across 149 studio units averaging approximately 400 square feet each, with kitchenettes in a hotel-conversion format and exterior corridors. The site features a kidney-shaped swimming pool and a large surface parking lot. The property benefits from exceptional freeway visibility, with Highway 99 carrying more than 170,000 vehicles per day, and direct access from White Lane, one of Southwest Bakersfield's primary east-west arterials. Valley Plaza Mall is approximately two miles east and Downtown Bakersfield approximately five miles northeast.The property currently operates at 65.1% occupancy, with 97 units leased and 52 vacant (including 4 on notice and 2 in eviction). Approximately 40% of occupied units (~39 units) are leased to Section 8 voucher holders, and the Bakersfield Housing Authority has approved contract rents at this address ranging from $975 to $1,095 per month. This voucher concentration represents a strategic asset: Section 8 demand in the Southwest Bakersfield submarket is strong, providing a reliable tenant pipeline once the property achieves full CUP compliance and professional stabilization. Market rent support is anchored by Ming Tree Apartments at 5601 Ming Avenue, which achieves $1,075 per month for studios 2.5 miles from the subject on a comparable commercial corridor. This figure represents current achievable market rent, not a projection. Same-ZIP-code comparables in the 93304 area average $1,057 per month unadjusted, while the broader Southwest Bakersfield studio market (93309) averages $1,046 per month adjusted. A stabilized rent assumption of $1,075 per month is conservative relative to these benchmarks and falls $20 below the maximum Section 8-approved contract rent at the property.The single most significant risk mitigant in this transaction is that the remaining scope of work is defined and permitted. Fire sprinklers and alarm systems have been completed in accordance with the CUP, representing substantial life-safety capital already invested. The remaining CUP compliance items include five 8-by-20-foot masonry trash enclosures, six ADA parking stalls and path of travel, Los Carneros and White Lane sidewalk replacement, drive approaches and management signage, parking lot slurry seal and restripe, streetlight installation, landscaping, and perimeter security fence and gates. These items are specified in both the CUP punch list and a Patterson & Sons Construction estimate totaling approximately $745,000 for base construction (plans and permits excluded). Including permits, engineering, security fence, and contingency, buyers should underwrite $1.0M to $1.3M in total construction and soft costs. CUP-mandated impact fees, including a Park Development Fee of $312,155 plus Transportation Impact and Sewer Connection fees, are separate and typically addressed at closing through buyer responsibility, seller credit, or negotiated split.
Solid income property with upside. 2 Homes on 1 Lot featuring a 2bd 1ba and 1bd 1ba. Possible value-add opportunity: garage space may be rentable or convertible, subject to zoning, permits, and buyer verification.. A great addition to any investment portfolio!
Rarely available 2007 construction in Oildale! This 3-bed, 2-bath dupex features granite counters, modern flooring, and a master suite. Perfect for investors seeking high-yield rental income or owners wanting a newer home at a starter-home price. No HOA, in-unit laundry, and located near schools and parks. Don't wait—this one will go fast!
For Sale: 2024 Built Turn-Key Triplex - Low Expense, Strong Cash Flow.This is not a fixer. Thisis not a value-add gamble. Thisis a new-construction income property built for smooth, low-maintenance ownership.ROPERTY SNAPSHOTBuilt 20243 Detached Units feels like 3 homes, not apartmentsEach unit: 3 Bed / 1.5 Bath / ~1,058 SFTile roof + stucco exterior + slab foundationCentral heat & A/C in all unitsGranite counters, kitchen island, built-in appliancesDurable faux-wood tile flooring (great for rentals)Laundry hookups in every unitDedicated parking next to each unitPaid solarTenants get the feel of a house owners get apartment-style income.
Solid income property with upside. Triplex featuring three 2-bedroom, 1-bath units, each on separate meters. Easy to manage with strong rental potential. A great addition to any investment portfolio!
Opportunity for 2 homes on 1 lot in East Bakersfield. The front unit is 3 bedrooms, 1.75 bath and the back unit is a studio. Property features fenced front and back yards. Close to area shopping centers, local parks, and area school.
North of the River Property with Income Producing Horse Stables & Two Rental Homes!This unique approx. 3 acre property offers direct access to the Kern River and nearby riding trails. Zoned CD1/RF, it provides endless possibilities for residential and income-producing use. Currently operating as rental homes and horse boarding facility, this property offers huge income potential through boarding, training, or expansion.Equestrian amenities include 39 horse stalls, a 100x200 arena with room to expand, a 60' round pen, and numerous outbuildings for tack, feed, and storage.Two separate manufactured homes are rented and each feature 3 bedrooms and 2 bathrooms. The 2022 home offers approx. 1,182 sq ft with granite countertops, a soaking tub, spacious bedrooms, and a wraparound porch overlooking the arena. The second home offers approx.1,469 sq ft, new subflooring, updated flooring, dual-pane windows, and a gated area. Close to downtown yet rich in land, river access, and opportunity.
Great investment opportunity for any investor or owner occupant that wants to have an income generating property. Two homes on one lot. Front house features three bedroom, one bath and rents. Back house was a one bedroom, one bath adobe style. Each home has indoor laundry and separately metered. This is offered at a wholesale price due to condition.
This is a fourplex with 3 units 2bedrooms, 1, 1/2 baths each and one unit 3 bedrooms 1, 1/2 baths, plenty of parking, laundry inside, ac and plenty of parking, also each unit has their own meter. Do not disturb tenants. Each unit is 2 floors, attached townhome style, tile flooring on first floor and wood floors in bedrooms and second floor. Very spacious units. Perfect for investing or Is time to stop renting and own your property with an income that will help you! New marble counter in kitchens as well.
Welcome to a downtown residential income property! ALL units areRENTED currently.2/1 at $1700, 1/1 unit $1200, 1/1 at $1200. Property's interior was remodeled in 2023 with new flooring, paint and upgraded kitchens; the exterior of the 2/1 has been painted since then.
Unique duplex in an excellent location of North Bakersfield. 1662 total square feet with one 2 bedroom, and one 1 bedroom. Both units rented at a solid market value rent. Updated with central HVAC, pex plumbing, tankless water heater, and a recent remodel of the rear unit. Quiet neighborhood comprised of mostly single family homes. Tenants share a detached garage with laundry hookups. Solid masonry construction, neatly maintained landscape, and a history of long term tenancy. Hard to find this kind of property in a high quality neighborhood with such attractive ROI!
This charming Spanish-style 10-unit apartment property in Bakersfield presents a rare and beautiful value-add investment opportunity. The property features distinctive Spanish cottage architecture with red-tile roofs, arched entryways, and lush landscaping that exudes curb appeal and timeless character. Each unit is thoughtfully designed with spacious layouts and classic details that attract quality tenants. With strong in-place cash flow, the investor can enjoy immediate income from a stabilized rental base in a high-demand submarket. What sets this opportunity apart is the significant upside potential through the conversion of eight detached garages. The investor has the option to create new revenue streams by converting the garages into rentable accessory dwelling units (ADUs), tapping into the growing demand for affordable housing in Bakersfield. Alternatively, the garages can be leased as storage units for additional monthly income. This flexible value-add strategy offers both immediate and long-term income growth, making it an ideal opportunity for a savvy investor looking to capitalize on both yield and appreciation in a growing Central Valley market.
Duplex Income Property! R-2 Lot , First unit has two bedrooms,and one and half bathroom, recently painted, Kitchen, living room, the second unit is separate and it has One bedroom, one bath, Kitchen, Living room, and updated Bathroom. living area 1,040 Sq. Ft.Screened Patio on the second floor and Nice View, Two Separate unitswith its own PG&E and Gas meters, large lot, Shaded mature trees.
Corner Complex, located at 2126 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include 4 new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $96,600 annually, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: $1,159,200 Contact us today to learn more!
Great property for an investor to add to his/her portfolio, buy it and start cashflowing right away!
Great investment opportunity! This triplex features three units, each offering 2 bedrooms and 1 bathroom. All units are tenant occupied, providing immediate rental income. Ideal for investors looking to expand their portfolio, income-producing property.
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.
Two Units on One Lot! Whether you are expanding your investment portfolio or seeking a live-in opportunity with rental income, this rare duplex is an excellent opportunity. Each unit offers 3 spacious bedrooms and 2 bathrooms, featuring tile flooring throughout and convenient indoor utility areas. Built in 2006, these well-maintained units provide a combined total of 2,160 square feet of living space. This property presents an ideal opportunity to begin or enhance your real estate portfolio. An exceptional value not to be missed.
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.
