Estimated payment $16,903/month
About This Home
Welcome to Downtown Bakersfield! Calling all investors! This is a dream multifamily opportunity featuring a newer 20-unit complex built in 2015. The property offers spacious 3-bedroom, 1-bath units, each with assigned parking. Designed with privacy and security in mind, the complex features a block perimeter fence and an automatic security gate. All units are equipped with tankless water heaters and are conveniently located near shopping centers, dining, and local amenities. An exceptional asset with strong rental appeal, don't miss out on this outstanding addition to your portfolio!
Listing Agent
Golden Valley Real Estate Group Brokerage Phone: 661-477-3484 License #01708253 Listed on: 12/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2015
Lot Details
- 0.74 Acre Lot
- 1 Common Wall
- Density is 16-20 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 14,910 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 8 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block P / S
- Assessor Parcel Number 01032115007
- $7,423 per year additional tax assessments
Community Details
Overview
- 20 Units
Building Details
- Rent Control
- 20 Separate Electric Meters
- 20 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $4,000
- Maintenance Expense $5,000
- Other Expense $14,784
- Professional Management Expense $15,600
- Supplies Expense $1,500
- Trash Expense $8,100
- Water Sewer Expense $7,356
- Operating Expense $56,340
- Gross Income $280,476
- Net Operating Income $224,136
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/27/2025 12/27/25 | For Sale | $2,750,000 | +71.9% | $184 / Sq Ft | |
| 11/07/2016 11/07/16 | Sold | $1,600,000 | -11.1% | -- | View Prior Sale |
| 10/08/2016 10/08/16 | Pending | -- | -- | -- | |
| 07/01/2016 07/01/16 | For Sale | $1,799,999 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25280923
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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