E
Seller's Agent in 2025
Esteban Contreras
Watson Realty
--
Bed
--
Bath
3,610
Sq Ft
3,049
Sq Ft Lot
About This Home
As of July 2025We are honored to present for sale this 8-unit multifamily investment located at 2115 G Street, Bakersfield, CA 93301 just a few blocks from the iconic Fox Theatre and the highly acclaimed Padre Hotel. This well-located asset consists of eight spacious 1-bedroom, 1-bathroom units, offering a compelling value-add opportunity in the heart of Downtown Bakersfield. The property is already producing strong in-place cash flow, supported by its desirable location, a history of key capital improvements (including new fencing, exterior paint, and interior unit renovations), and steady renter demand for this popular unit mix. With several units already renovated, the property offers a clear plug-and-play path to boost rental income as remaining units are updated. This is a rare opportunity to acquire a stabilized yet growth-oriented asset with both cash flow and long-term upside. For serious investors seeking location, returns, and proven performance this is one to watch.
Last Agent to Sell the Property
Watson Realty License #01975384 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 3,049 Sq Ft Lot
Interior Spaces
- 3,610 Sq Ft Home
- 2-Story Property
Schools
- Franklin Elementary School
- Emerson Middle School
- Bakersfield High School
Listing and Financial Details
- Assessor Parcel Number 00322208
Community Details
Overview
- 8 Units
- Bakersfield Subdivision
Building Details
- Gross Income $111,889
- Net Operating Income $70,546
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $1,050,000 | 0.0% | $291 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $1,050,000 | -40.0% | $291 / Sq Ft |
| 04/01/2025 04/01/25 | Price Changed | $1,750,000 | -2.5% | $485 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $1,795,000 | +328.9% | $497 / Sq Ft |
| 11/18/2013 11/18/13 | Sold | $418,500 | -2.3% | $116 / Sq Ft |
| 10/19/2013 10/19/13 | Pending | -- | -- | -- |
| 04/25/2013 04/25/13 | For Sale | $428,500 | -- | $119 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
Agents Affiliated with this Home
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-
B
Buyer's Agent in 2025
Bobby Chalhoub
Brimhall Realty
-
A
Seller's Agent in 2013
Alyssa Knight
Keller Williams Realty
-
A
Buyer's Agent in 2013
Arely Kuehl
Right Here Realty Inc
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202504062
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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