$1,295,000

Estimated payment $8,351/month

Total Views 369
-- Bed
-- Bath
4,932 Sq Ft
$263 Price per Sq Ft

About This Home

Investment Opportunity - Multi-Unit Property for Sale. Discover a well-maintained multi-family property offering strong cash flow and long-term tenant stability. The property features 7 units that are 1 Bed / 1 Bath and 2 spacious 2 Bed / 1 Bath units. Positioned on a large lot with ample off-street parking, it provides convenience for tenants and guests. With a proven history of long-term tenants, consistent rental income is secured. The property has great curb appeal, is already generating solid revenue, and with current inflation trends there is significant room for rental increases to maximize income. This is a rare opportunity to acquire a property that combines reliable cash flow, growth potential, and lasting value in today's market.

Listing Agent

Carlos Ortiz

Liberty One Real Estate Group License #01176275 Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot

Interior Spaces

  • 4,932 Sq Ft Home
  • 1-Story Property

Parking

  • 9 Car Parking Spaces
  • Uncovered Parking

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11117301

Community Details

Overview

  • 9 Units

Building Details

  • Gross Income $95,160
  • Net Operating Income $55,477

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Building Stories: 1
  • Deposit Amount Required: 7930.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3700
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4932.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 9.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Zoning Description: 0500-1Parcelw/5n9 units complex
  • Lot Size Sq Ft: 16117.00
  • Parcel #: 11117301

Multi Family

  • Total Annual Expense: 39683.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 9
  • Existing Lease Type: Net
  • Annual Gross Income: 95160.00
  • Property Net Operating Income: 55477.00

MLS Schools

  • Elementary School: Beardsley

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $1,295,000 +119.5% $263 / Sq Ft
12/28/2018 12/28/18 Sold $590,000 -8.6% $120 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $645,727 +45.1% $131 / Sq Ft
10/27/2017 10/27/17 Sold $445,000 -10.1% $90 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $495,000 -- $100 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202509496

Bakersfield Association of REALTORS® / GEMLS