$830,000

Estimated payment $5,102/month

-- Bed
-- Bath
4,800 Sq Ft
$173 Price per Sq Ft

About This Home

Rare opportunity to acquire a well-maintained five-unit apartment building in desirable Southwest Bakersfield. Located at 7016 Ming Blvd, this approximately 4,800 sq ft property, built in 1979, features one 3-bedroom/2-bath unit and four 2-bedroom/1-bath units. Gross scheduled rents are projected at $80,220 annually as of 6/1/26. Professionally managed by a third-party management company, the property offers five garages and laundry hookups for each unit. Situated close to schools, shopping, and everyday services, it benefits from strong rental demand in a sought-after SW Bakersfield submarket. Offered at $830,000, this is a rare chance to acquire a five-plex in Southwest Bakersfield with income and upside potential.

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Parking

  • 5 Car Garage

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property

Schools

  • Stockdale Elementary School
  • Actis Middle School
  • Bakersfield High School

Additional Features

  • 0.32 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38014015

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $80,220
  • Net Operating Income $49,659

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4800.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 5
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Zoning Description: r2
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 38014015

Multi Family

  • Total Annual Expense: 27697.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 80220.00
  • Property Net Operating Income: 49659.00

MLS Schools

  • Elementary School: Stockdale

Map

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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 List to Sale Price per Sq Ft
03/10/2026 03/10/26 For Sale $830,000 -- $173 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202602445

Bakersfield Association of REALTORS® / GEMLS
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