1300 Flower, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
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Bakersfield, CA 93305
This Multi-Family Residential Income Asset is listed at $640,000, relative to a $561,100 Fair Market Value, with the price reflecting its Portfolio Scalability and recent market appreciation. Maintaining a Good Condition Rating, the property features two Turnkey Vacant Units with recent updates to flooring and paint, allowing for immediate occupancy or market-rate leasing. The rare opportunity to purchase the neighboring fourplex creates a combined 8-Unit Investment Opportunity near downtown Bakersfield. This acquisition targets Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Flower Subject | $640,000* List Price | 0 | 0 | 3,432 | $163 | - |
A 1312 Flower Street Sold | $580,000 | 8 | 4 | 3,432 | $169 | 0.0 mi |
B 1312 Flower Street Sold | $580,000 | 0 | 0 | 3,432 | $169 | 0.0 mi |
C 2100 Oregon Street Sold | $510,000 | 8 | 4 | 2,488 | $205 | 0.8 mi |
D 1304 Flower Active | $640,000 List Price | 0 | 0 | 3,432 | $186 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984, the property has been well-maintained with recent updates to 50% of the units. Interior photos show new laminate flooring, fresh paint, and updated bathroom tiling. While the kitchens feature dated tile countertops and older appliances, the units are move-in ready and functional.
Two of the four units are fully updated and vacant, allowing for immediate owner-occupancy or rapid tenant placement at current market rental rates without renovation delays.
The rare opportunity to purchase the neighboring fourplex at 1304 Flower Street allows an investor to acquire 8 contiguous units, creating significant management efficiencies.
Proximity to downtown Bakersfield, major freeways, and local amenities ensures high rental demand and long-term desirability for a diverse tenant base.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7546, other record lot size in square feet = 7405.
The property was recently sold within the past year on 2025-06-18. The sold price is $585,000.00.
Operating a multi-unit residential income property requires more intensive management, maintenance coordination, and tenant relations than single-family investments.
Exceptional investment opportunity in Bakersfield! 1300 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with TWO vacant and fully updated units ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The updated vacant units are move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1304 Flower Street, another fourplex featuring one vacant unit and three occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.
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 | 3,432 | 3,432 | 50% |
| Lot Size | 7,546 | 7,546 | 50% |
| Price | $640.0K | $580.0K | 80% |
| Price per sq ft | $186 | $186 | 50% |
| Built year | 1984 | 1984 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 167 | 20% |
May 1, 2026
$640,000
Initial Listing
Jun 18, 2025
$585,000
Public Record
May 17, 2022
$443,000
Public Record
Oct 29, 2019
$345,000
Public Record
May 31, 2018
$295,000
Public Record
Aug 25, 2017
$265,000
Public Record
Jul 31, 2012
$340,000
Public Record
Oct 1, 2008
$140,000
Public Record