210 17th St Bakersfield, CA 93301
Downtown Bakersfield NeighborhoodEstimated payment $5,934/month
About This Home
We are pleased to present 210 17th Street, an 8-unit multifamily investment opportunity in Downtown Bakersfield. Built in 1935, the property pairs classic red-tile Spanish bungalows fronting 17th Street with a two-story rear building — vintage character product that no longer gets built.
The unit mix is a split of 5 one-bedroom / one-bath and 3 two-bedroom / one-bath units on a generous 11,325 SF lot, separately metered for gas and electricity. Offered at $925,000 — $115,625 per unit and $156 per SF — the asset trades at a fraction of replacement cost. In-place rents average $1,060 — the one-bedrooms as low as $600 — versus $1,095 and $1,195 at market. The property will be delivered with five vacant units, providing investors with an exceptional value-add opportunity to immediately renovate, lease at market rents, and accelerate NOI growth from day one.
Positioned in the 93301 zip code blocks from the Chester Avenue core, the Fox Theater, and Bakersfield High School, the property draws on the deep workforce renter base of California's 9th largest city. Current income delivers a 6.02% cap rate day one, underwriting to an 6.84% market cap as units roll — a +8% lift in gross scheduled income.
Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: ryan.gonzalez@lyonstahl.com License #01874815 Listed on: 08/04/2026
Co-Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: ryan.gonzalez@lyonstahl.com License #02103214
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1935
Lot Details
- 11,325 Sq Ft Lot
- Two or More Common Walls
- Garden
- Back and Front Yard
Parking
- 7 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,912 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 1
- Assessor Parcel Number 00612328000
- $2,672 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 8 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,640
- Fuel Expense $1,640
- Insurance Expense $1,640
- Professional Management Expense $4,874
- Trash Expense $1,640
- Water Sewer Expense $1,640
- Operating Expense $41,773
- Gross Income $100,500
- Net Operating Income $55,712
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $8,547 | $514,863 | $49,031 | $465,832 |
| 2025 | $8,410 | $504,769 | $48,070 | $456,699 |
| 2024 | $8,410 | $494,873 | $47,128 | $447,745 |
| 2023 | $8,203 | $485,170 | $46,204 | $438,966 |
| 2022 | $7,993 | $475,658 | $45,299 | $430,359 |
| 2021 | $8,057 | $466,332 | $44,411 | $421,921 |
| 2020 | $7,399 | $461,551 | $43,956 | $417,595 |
| 2019 | $7,286 | $461,551 | $43,956 | $417,595 |
| 2018 | $7,148 | $443,630 | $42,250 | $401,380 |
| 2017 | $8,180 | $434,932 | $41,422 | $393,510 |
| 2016 | $6,590 | $426,405 | $40,610 | $385,795 |
| 2015 | $4,510 | $239,694 | $20,399 | $219,295 |
| 2014 | $4,389 | $235,000 | $20,000 | $215,000 |
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 |
|---|---|---|---|---|---|
| 08/04/2026 08/04/26 | For Sale | $925,000 | +120.2% | $156 / Sq Ft | |
| 02/09/2015 02/09/15 | Sold | $420,000 | 0.0% | -- | View Prior Sale |
| 01/10/2015 01/10/15 | Pending | -- | -- | -- | |
| 12/03/2014 12/03/14 | For Sale | $420,000 | +78.7% | -- | |
| 09/24/2013 09/24/13 | Sold | $235,000 | -21.7% | -- | View Prior Sale |
| 08/25/2013 08/25/13 | Pending | -- | -- | -- | |
| 08/21/2013 08/21/13 | For Sale | $300,000 | -- | -- |
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 |
|---|---|---|---|
| Deed | $420,000 | -- | |
| Grant Deed | $235,000 | Fidelity Title Company | |
| Trustee Deed | $179,386 | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $185,000 | Fidelity National Title Co |
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 |
|---|---|---|---|
| Previous Owner | $220,000 | Seller Take Back | |
| Previous Owner | $155,575 | Commercial | |
| Previous Owner | $210,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26170501
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Ask me questions while you tour the home.