PRICE DROP! 2 homes on 1 Lot. Main house is a 1 bed 1 bath. Seller has updated windows, hvace, flooring, plumbing, kitchen, bathroom. Complete remodel and very clean, ready for new owners! Garage has been converted into Guest House or Mother In Law Quarters. Spacious studio with oversized walk-in closed, larger bedroom/studio area with room for living room. Functional shower toilet sink. Has Swamp Cooler. Not Permitted but completed in workman like manor . SELLERS ARE VERY MOTIVATED!
Two move-in ready homes on one lot. Front house consists of two bedrooms, 1 bathroom and is about 725 square feet. It has a large open living room, dining room, and kitchen area. Similar floor plan found in much more expensive homes. In door laundry room and plenty of windows throughout. Easy to clean tile flooring in high traffic areas with soft and warm carpet in bedrooms. Front house has its own private front and back yard. Back house has its own entrance along with its own completely fenced in large yard allowing for ample privacy. There is even a covered patio that is perfect for family gatherings. Back house is a single bedroom with exceptionally large living room and dining room that one might consider converting into bedrooms. Size of back house is about 429 square feet for a combined total space of about 1,154. Easy access to freeways and super easy commute to Los Angeles. Motivated seller with flexible terms. 1031 possible.
Great investment property, each unit is a 2 bd, 1 bath, each with laundry hookups. RENTS are LOW. Property is 4 units consisting of 1 SFH and 1 triplex.
Welcome to this exceptional investment opportunity located on a spacious lot. This complex comes with a total of 8 units , four two bed/one bath, and four one bed/ one bath, This complex is designed for optimal rental income with several long term tenants, and an impressive cap rate. The large lot offers generous parking area for all units and potential for expansion. All units have separate pge meters.
Courtesy: Agentcor-Big Block Realty
Triplex in Southwest Bakersfield. Discover this impeccably maintained triplex, a testament to pride of ownership and professional management. Located in the sought-after Southwest Bakersfield area, this property is an ideal investment opportunity. Key features include: - Three fully occupied units with dependable, high-quality tenants - Each unit boasts 2 generously sized bedrooms - Convenient in-unit washer and dryer hookups - Private 2-car garages for each unit. Don't miss your chance to own this prime investment property with a solid rental history and excellent tenant profile
525 Butte St- We are pleased to present the opportunity to acquire 2 Homes on 1 Lot with industrial zoned land (M-1) in the City of Bakersfield. The front unit is registered as 2 beds, 1 bath and 1,214 SF and the back unit shows 1 bed, 1 bath with 492 SF with alley access. The back unit is currently vacant and just underwent complete restoration from previous fire damage.
Two move-in ready homes on one lot! Live in one and rent out the other while benefiting from yearly home value appreciation along with very favorable IRS depreciation which could help you live unburdened by income tax frustrations. Good times are coming and an easier life is just a few good choices away. The front house is about 1679 square foot with all the upscale features of a modern house including hard surface flooring, updated kitchen, and plenty of windows for a ton of natural light. This home is perfect for those needing a lot of living space. I love the front covered porch and back covered patio for endless days of relaxing enjoying Bakersfield's amazing temperate summers. The updated two bedroom backhouse measures about 725 square feet (about 2404 total) and has its own private backyard. Property is located in a high rental demand area with plenty of good paying jobs nearby including oil field work, medical, and several large Amazon distribution facilities. 1031 possible.
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)
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.
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.
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.
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!
Courtesy: The Mora Partners
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!
Courtesy: KELLER WILLIAMS REALTY
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.
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!
Courtesy: PAK Home Realty
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. Potential space and opportunity to add additional units in the back of the lot.
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.
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.
Courtesy: IRN REALTY
Income Property with long term tenants. 3 bedrooms, 2 bath home with large living area, garage, laundry hook-ups and backyard. Rent is currently low, property next door with same floor plan is rented for $1980 and recently appraised for $260k. Close to Valley Plaza and easy access to the 99 FWY.
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.
