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$1,060,000
OC26186246 MLS ⋅ Active Status
Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

1018 Miller, Bakersfield
$925,000
PW26170501 MLS ⋅ Active Status
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.

210 17th Street, Bakersfield
$2,300,000
SR25280920 MLS ⋅ Active Status
Calling all investors! Incredible rental opportunity to add to your portfolio. This 18-unit apartment complex is ideally located on a busy main street, offering excellent visibility and demand. All units feature 2 bedrooms and 1.5 bathrooms, with carports, assigned parking, and ample street parking. The property includes 8 newer A/C units and a newer roof. fantastic location, conveniently close to shopping centers, dining, and major freeways. Strong rental potential in a high-demand area, this is a rare opportunity you won't want to missbring your offer today!

2909 S Chester, Bakersfield
$1,650,000
SR25280917 MLS ⋅ Active Status
Excellent 12-unit investment opportunity! This newer construction property, built in 2011, is well maintained and offers a highly desirable unit mix. All 12 units feature spacious 3-bedroom, 1-bathroom layouts, making them attractive to long-term tenants. The property includes 24 parking spaces and is fully fenced, providing added privacy and security. Conveniently located near shopping centers, dining, and major freeways, this asset combines modern construction with an ideal location. Don't miss this outstanding opportunity to add a strong-performing property to your investment portfolio!

3017 Potomac, Bakersfield
$849,000
DW24254143 MLS ⋅ Active Status
Great Opportunity to own 8 units in one lot. New windows, doors, kitchen, bathroom, kitchen, electrical, plumbing and insulation. They are all single story individual units. Total of 7 units 1 bedroom 1 bath each plus a separate house with a 2 bedroom 1 bath house. The units has a Laundry Room on the property and plenty of parking. Great Opportunity to own units in Bakersfield

2915 Edison, Bakersfield

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.