
Bakersfield, CA 93308
Analysis of 118 Roberts Ln A-D, Bakersfield, CA 93308 is currently available with a list price of $459,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While the structure dates to 1925, the property has undergone significant recent renovations including copper plumbing, new vinyl windows, flooring, and updated bathroom vanities. The systems and interior finishes appear well-maintained and move-in ready for tenants.
The property has undergone significant renovations including new copper plumbing, windows, flooring, and bathroom vanities, which minimizes immediate deferred maintenance for an investor.
As a four-plex featuring a mix of one-bedroom and studio units, the property offers multiple revenue sources, reducing the financial impact of a single vacancy.
The addition of a new wooden fence provides private outdoor space for tenants, a premium feature in multi-family housing that helps attract and retain long-term residents.
With a total of only 1,128 square feet for four units, the individual living spaces are exceptionally small, which may limit the tenant pool and cap potential rental rates.
Built in 1925, the property's age may present ongoing challenges with vintage structural elements and utility systems that fall outside the scope of recent cosmetic updates.
Live smart and invest wisely with this versatile FOUR-PLEX! Whether you're looking to offset your mortgage or build long-term wealth, this property delivers. Each unit offers comfort and privacy, with (2) one bedroom units, appprox. 800 sq ft each and (2) studios - approx. 400 sq ft each, ready for first-time buyers or seasoned investors. The property sits in a convenient location near local amenities, making it attractive for tenants and easy to manage. A great blend of lifestyle and income potential. Current owner has renovated several units including new bathroom vanities, new paint, new flooring, new windows, copper plumbing and added a wooden fence for extra privacy - perfect for outdoor space for family gatherings. PLEASE DO NOT DISTURB TENANTS!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,128 | 1,865.5 | 25% |
| Lot Size | 5,705 | 6,351 | 25% |
| Price | $459.0K | $499.0K | 50% |
| Price per sq ft | $407 | $215 | 75% |
| Built year | 1925 | 1939 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 152 | 25% |
Jun 6, 2026
$459,000
$499,900
-8% Price Drop
Initial Listing
Apr 26, 2026
$499,900
Initial Listing
Sep 11, 2019
$200,000
Public Record
Nov 3, 2016
$156,500
Public Record
Jun 26, 2015
$140,000
Public Record
Feb 14, 2014
$85,000
Public Record
Aug 27, 2012
$92,000
Public Record
Aug 27, 2012
$78,500
Public Record