$1,425,000

1605 Jefferson St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated payment $9,122/month

Total Views 2,363
-- Bed
-- Bath
3,960 Sq Ft
$360 Price per Sq Ft

About This Home

This 13- unit Multifamily investment opportunity located at 1601-1603-1605 Jefferson St in Bakersfield , CA 93305 offers investors strong in-place cash flow with upside potential in one of California's most affordable rental markets. The property consist of a mix of well sized two bedroom and one bedroom units positioned on two parcels totaling approx. 18,776 sq ft.The property features approx. 9,866 rentable square feet and was constructed in phases between 1961-1980 & 1986. The unit mix is designed to meet consistent workforce housing demand , with the majority of units configured as two bedroom apartments. Call today for more details.

Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 06/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Parking

  • Uncovered Parking

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property

Schools

  • College Heights Elementary School
  • Compton Middle School
  • East High School

Additional Features

  • 18,776 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 12816009

Community Details

Overview

  • 13 Units
  • Monte Vista Terrace Subdivision

Building Details

  • Gross Income $167,304
  • Net Operating Income $107,075

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.43 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Building Stories: 2
  • Deposit Amount Required: 20000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.4310
  • Subdivision Name: Monte Vista Terrace
  • Garage Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3960.00

Exterior Features

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

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central Heat, Other

Schools

  • High School: East
  • Middle Or Junior School: Compton

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 18776.00
  • Parcel #: 12816009

Multi Family

  • Total Annual Expense: 60229.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 13
  • Existing Lease Type: Net
  • Annual Gross Income: 167304.00
  • Property Net Operating Income: 107075.00

MLS Schools

  • Elementary School: College Heights

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
06/10/2026 06/10/26 For Sale $1,425,000 -- $360 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202606268

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93305 East Bakersfield

1605 Jefferson St, Bakersfield, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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Eric Van Denk
Listing Agent
Eric Van Denk
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Central Valley Property Adviso
(419) 206-7117
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