12119 Edison Hwy, Bakersfield, CA 93307, Bakersfield, 93307 - 5 bed, 5 bath
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Bakersfield, CA 93307
Analysis of 12119 Edison Hwy, Bakersfield, CA 93307 is currently available with a list price of $379,999. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1942 and over 80 years old with no evidence of significant renovations. The listing explicitly mentions 'As-Is' condition, a preference for cash or hard money loans (indicating it likely won't qualify for traditional financing), and highlights redevelopment potential. The structures show significant exterior neglect, suggesting the primary value lies in the 0.72-acre lot and commercial zoning.
The dual C-2 and R-2 zoning provides exceptional flexibility for commercial, retail, or residential use, coupled with a massive 0.72-acre lot ideal for ADU expansion or complete redevelopment.
With five separate units and individual meters for all utilities, the property offers a robust rental income potential and reduced vacancy risk compared to single-family investments.
The expansive 31,575 square foot lot is a rare find for multi-unit properties, providing ample space for tenant parking, storage, or future footprint expansion in a high-access location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =31575, other record lot size in square feet = 31363.
The 'As-Is' sale condition and preference for cash or hard money offers significantly restrict the buyer pool by excluding traditional FHA, VA, or conventional financing options.
Built in 1942, the property likely carries substantial deferred maintenance and may require significant capital expenditure for system upgrades and structural modernization.
Exceptional 5-Unit Investment Opportunity in Bakersfield! Mixed-use zoning opportunity! Rare income-producing property on a spacious 0.72-acre lot featuring 5 separate units: one 2-bed/1-bath home plus four 1-bed/1-bath units. Approx. 2,397 sq. ft. with separate meters for all units, offering strong rental income potential, cash flow, and long-term upside. Convenient access to major roads. C-2 zoning may allow business, retail, office, service, and other commercial uses, offering added flexibility and redevelopment potential beyond residential use. R-2 zoning may support residential/multi-family use. Potential for future ADU/additional unit expansion. Buyer to verify rents, expenses, square footage, permits, zoning, unit count, permitted uses, and development potential. Property being sold As-Is, cash offers and hard money loan are preferred.
No exterior & parking available.
No sensitive facilities data found.
Jun 8, 2026
$379,999
Initial Listing
Apr 27, 2022
$240,000
Public Record
Apr 27, 2022
$357,000
Public Record
Feb 22, 2016
$189,000
Public Record
Nov 2, 2015
$115,000
Public Record
Jul 18, 2012
$63,500
Public Record