Opportunity for triplex in North Bakersfield. Each unit is 2 bedroom, 1.75 bath with laundry hook ups and a den area. Close to area shopping center and park and local schools.
Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.
Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.
Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.
Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area 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.
Prime value-add investment opportunity in Bakersfield! Located at 2101 Carrere Street, this 3-unit residential income property is perfect for seasoned investors looking to reposition and maximize rental income. Unit Mix: Two 1-bed, 1-bath units (600 sq. ft. each) and one 1-bed, 1-bath unit (700 sq. ft.) for a approximatley 1,900 Sq Ft of living space. Corner Lot offers alley access and separate utilities for each unit. Situated in a high-demand rental market, this property has the potential to generate consistent cash flow once fully stabilized.
Clean triplex in SW Bakersfield. 100% Occupied. Each apartment has a 2 Bedrooms, private patio, washer & dryer hookups, and 2-Car Garage. Front unit has 2 bathrooms, fireplace, and has been completely remodeled - BRAND NEW! Back units have long term tenants and rents have considerable room for improvement. Professionally Managed!
Charming 3-Unit Value-Add Investment Opportunity in Bakersfield, CA! Discover this rare opportunity to own a 3-unit property in the heart of Bakersfield. This value-add investment offers excellent potential for increased rental income and long-term appreciation. With separately metered gas and electricity, this property provides both flexibility and efficiency for tenants and landlords alike.
Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.
We're excited to present a lucrative twelve (12) unit multifamily investment in the heart of Bakersfield's vibrant Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This exceptional property spans two Contiguous parcels: an eight-unit building Constructed in 2006 and a four-unit building from 1968. Both buildings feature spacious one-bedroom, one-bathroom units, making them highly desirable in today's rental market. Five of the twelve units have already been tastefully remodeled and are achieving top-market rents. The remaining seven units present a tremendous opportunity for the next owner to complete the remodels and bring them up to market rent, unlocking significant additional income potential. This asset provides immediate cash flow and a clear path to enhanced revenue growth. Whether you're an experienced investor or looking to break into multifamily investments, Seize the opportunity to unlock potential in a prime location today.
Value-Add Opportunity: 5-Unit Apartment Complex in Oleander on Cherry Street, Bakersfield. This property features 5 units across 3 buildings. Each has separate gas/electric meters. Conveniently located near schools, shopping, and transportation. Ideal for investors looking to maximize returns. Don't miss this opportunity!
Updated 4-PLEX featuring one spacious 3-bed/2-bath unit with private utilities and three 2-bed/1-bath units with a shared utility closet. Recent upgrades include new exterior and interior paint, dual-pane windows, solar-reflecting roof, and modern flooring. Assigned carport parking, fenced patios, and exterior storage for each unit. Proforma rents offer excellent income potential. Ideal for investors! Contact us today for details.
Value-Add Opportunity: 5-Unit Apartment Complex in Oleander on Cherry Street, Bakersfield. This property features 5 units across 4 buildings.1823-1827 Cherry consist with 3 units in 2 buildings and 1829-1831 Cherry consist of 2 Units in 2 buildings-the back structure is a 2 car garage. Each has separate gas/electric meters. Conveniently located near schools, shopping, and transportation. Ideal for investors looking to maximize returns. Don't miss this opportunity!
Clean triplex in North Bakersfield. Large lot which includes 2 parcels. Gated yards, Carport parking, and shared laundry room. Rare unit mix which includes 2 bedroom/2 bathroom apartments. ADU project was started. Value add opportunity if 4th unit is added.
Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants. The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal. With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.
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.
Courtesy: Watson Realty ERA
Attention Investors and First-Time Homebuyers! COMPLETELY RENOVATED 2-Homes-on-1-Lot ... Live in one and rent the other! FHA ready. Incredible low vacancy Downtown Bakersfield location. Front house is a large, low-maintenance 3-bedroom, 2-bath with extra living space and Central Air & Heat. Both homes have been recently renovated with tile floors throughout, new kitchens, new cabinets, new paint, and renovated bathrooms on both homes. Each home has a NEW ROOF. The back house has its own entrance and alley access. Highly desirable rental area due to easy access to downtown corridor, governmental buildings, restaurants and transportation. Back house is currently leased for $900/month; front house rental range $1500 - $1800/month. Seller is offering a $10,000 buyer credit with full price offer. Priced to sell. Text listing agent for more information.
Introducing an enchanting fourteen-unit cottage-style apartment complex for sale. Comprising fourteen (14) one-bedroom, one-bathroom units, set on a 27,007 sq.ft. lot with 7,280 sq.ft. of gross rentable space. The majority of units underwent renovations in 2021 and has plenty of room for rental increases. Nestled in Bakersfield's coveted downtown, these cottages promise low vacancy rates. Don't let this chance slip away to own a slice of the picturesque and historic Oleander Community!
4 UNITS IN A VERY DESIRABLE AREA OF BAKERSFIELD Ca. This quadruplex offers 3 units that are two bedrooms and one bathrooms and 1 unit with three bedrooms and two bathrooms. Centralized near major shopping centers, two major freeways and local public centers. Close to Grace Memorial High school and Our Lady of Perpetual Help Catholic School. The unit is fully tenant occupied and will be sold and its current occupation and condition. Great property for investors and new landlords looking to create reschedule rental income.
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.
Courtesy: Watson Realty
Great duplex in the highly sought after Highland Knolls! Live in one and rent the other. This duplex consists of two comfortable size bedrooms and one bath. The spacious living room has a sliding door connecting you to the patio creating a comfortable setting for bbq's or just enjoying you morning coffee. Good size kitchen and dining connecting to the laundry room. Tow car garage for each unit. This duplex will not disappoint.
Attention Investors! Bread-and-Butter Cash-Flow 2-homes-on-one-lot in highly desirable Oleander neighborhood. Both units occupied with long-term tenants. Front house is 3bed,1bath and back house is a 1bed,1bath. NEW HVAC installed in front home in Winter 2023. Low vacancy area; property management reports there are wait lists for this neighborhood due to easy access to freeway, employment, schools and restaurants. Priced to sell.
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.
