$2,100,000

2700 Cornell St Bakersfield, CA 93305

College Heights Neighborhood

Estimated payment $13,520/month

Total Views 100,945
-- Bed
-- Bath
16,810 Sq Ft
$125 Price per Sq Ft

Highlights

  • Popular Property
  • 0.62 Acre Lot
  • Central Heating and Cooling System

About This Home

Exceptional multi-family investment opportunity at 2700 Cornell St, Bakersfield, CA! This well-maintained 17-unit property features a strong and desirable unit mix with sixteen spacious 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit, attracting long-term tenants and maximizing rental appeal. Located in a high-demand rental market, this asset consistently produces strong rental income with low vacancy, supported by Bakersfield's growing population and affordable housing demand. The property has been well cared for and offers cash flow with potential for future rent growth. With its solid income performance and location, this is a prime opportunity for any savvy investor looking to expand their portfolio.

Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 07/07/2025

Co-Listing Agent

Robin Hundal

Central Valley Property Adviso License #02155399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Carport

Interior Spaces

  • 16,810 Sq Ft Home
  • 2-Story Property

Schools

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

Additional Features

  • 0.62 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02136324

Community Details

Overview

  • 17 Units

Building Details

  • Gross Income $238,761
  • Net Operating Income $137,574

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 2
  • Deposit Amount Required: 25000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.6200
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 16810.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 27007.00
  • Parcel #: 02136324

Multi Family

  • Total Annual Expense: 101186.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 17
  • Existing Lease Type: Net
  • Annual Gross Income: 238761.00
  • Property Net Operating Income: 137574.00

MLS Schools

  • Elementary School: College Heights

Map

Range of Values:

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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
08/19/2025 08/19/25 Price Changed $2,100,000 -6.7% $125 / Sq Ft
07/07/2025 07/07/25 For Sale $2,250,000 -- $134 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

About the Listing Agent

Eric Van Denk
Eric Van Denk

Central Valley Property Adviso

(855) 425-0728

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View Eric's Profile

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202507599

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93305 College Heights

2700 Cornell St, Bakersfield, CA

This home is located at 2700 Cornell St, Bakersfield, CA 93305 and is currently priced at $2,100,000, approximately $124 per square foot. This property was built in 1971. 2700 Cornell St is a home located in Kern County with nearby schools including College Heights Elementary School, Compton Junior High School, and East Bakersfield High School.

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. 2025.

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Eric Van Denk
Eric Van Denk
Listing Agent Section Image
Central Valley Property Adviso
(855) 425-0728