$1,075,000

Estimated payment $6,736/month

Total Views 741
-- Bed
-- Bath
3,808 Sq Ft
$282 Price per Sq Ft

About This Home

Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 07/06/2026

Co-Listing Agent

Robin Hundal

Central Valley Property Adviso License #02155399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Interior Spaces

  • 3,808 Sq Ft Home
  • 2-Story Property

Schools

  • Williams Bak Elementary School
  • East High School

Additional Features

  • 10,018 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 01540006

Community Details

Overview

  • 10 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $103,560
  • Net Operating Income $67,314

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

10,018 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Building Stories: 2
  • Deposit Amount Required: 11000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2300
  • Co List Office Mls Id: 11174
  • Subdivision Name: Bakersfield
  • Garage Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3808.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Private: No

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC

Schools

  • High School: East

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 10018.00
  • Parcel #: 01540006

Multi Family

  • Total Annual Expense: 36246.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 10
  • Existing Lease Type: Net
  • Annual Gross Income: 103560.00
  • Property Net Operating Income: 67314.00

MLS Schools

  • Elementary School: Williams_Bak

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,788 $925,000 $60,000 $865,000
2024 $9,788 $612,000 $61,200 $550,800
2023 $8,070 $473,910 $42,886 $431,024
2022 $7,862 $464,619 $42,046 $422,573
2021 $7,421 $455,510 $41,222 $414,288
2020 $7,269 $450,840 $40,800 $410,040
2019 $7,159 $450,840 $40,800 $410,040
2018 $2,701 $73,184 $22,517 $50,667
2017 $2,698 $71,750 $22,076 $49,674
2016 $2,609 $70,344 $21,644 $48,700
2015 $2,938 $69,288 $21,319 $47,969
2014 $2,522 $67,932 $20,902 $47,030
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2026 08/06/26 Price Changed $1,075,000 -2.3% $282 / Sq Ft
07/06/2026 07/06/26 For Sale $1,100,000 +18.9% $289 / Sq Ft
07/12/2024 07/12/24 Sold $925,000 0.0% $243 / Sq Ft View Prior Sale
07/11/2024 07/11/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $925,000 +54.2% $243 / Sq Ft
05/01/2023 05/01/23 Sold $600,000 0.0% $158 / Sq Ft View Prior Sale
02/23/2023 02/23/23 Pending -- -- --
10/05/2022 10/05/22 For Sale $600,000 +35.8% $158 / Sq Ft
10/04/2018 10/04/18 Sold $441,800 -1.4% $116 / Sq Ft View Prior Sale
09/04/2018 09/04/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $448,000 -- $118 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $925,000 Ticor Title
Grant Deed $600,000 Ticor Title Company
Grant Deed -- Orange Coast Ttl Builder Svc
Grant Deed $442,000 North American Title Co
Grant Deed $65,000 Chicago Title Company
Trustee Deed $250,000 Servicelink
Grant Deed $575,000 Fidelity National Title
Grant Deed $186,000 Stewart Title Of Ca Inc
Grant Deed $75,000 Chicago Title Co
Trustee Deed $101,494 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $855,000 New Conventional
Previous Owner $211,000 No Value Available
Previous Owner $147,000 New Conventional
Previous Owner $253,000 New Conventional
Previous Owner $326,951 Commercial
Previous Owner $331,350 Commercial
Previous Owner $168,500 Commercial
Previous Owner $402,000 Commercial
Previous Owner $201,500 Commercial
Previous Owner $120,900 Commercial
Previous Owner $25,000 Commercial
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202607255

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.