$810,000

Estimated payment $5,254/month

-- Bed
-- Bath
4,800 Sq Ft
$169 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 $81,360 annually. 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 $810,000, 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: 08/21/2026

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

  • 13,939 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38014015

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $81,360
  • Net Operating Income $53,413

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: 5 - 10 Units
  • Lot Size Acres: 0.3200
  • Garage Yn: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4800.00

Exterior Features

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

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: 26074.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 81360.00
  • Property Net Operating Income: 53413.00

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

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
08/21/2026 08/21/26 For Sale $810,000 -- $169 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202609091

Bakersfield Association of REALTORS® / GEMLS
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