1300 Flower Street A-D, Bakersfield, CA 93305, Bakersfield, 93305 - 8 bed, 4 bath
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Bakersfield, CA 93305
This Strategic Multi-Family Asset represents a premier opportunity in Bakersfield, listed at $640,000. While positioned above the $542,224 Fair Market Value estimate, the price reflects the property’s Portfolio Scalability and the rare chance to acquire 8 contiguous units. Boasting a Functional Condition Rating, the building features two Turnkey Vacant Units with new LVP flooring and paint, ready for immediate market-rate leasing. Conveniently located near downtown, the asset provides easy access to major freeways. This 1984-built fourplex is a high-performing acquisition perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to maximize cash flow through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Flower Street A-D Subject | $640,000* List Price | 8 | 4 | 3,432 | $158 | - |
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 Street A-D Active | $640,000 List Price | 8 | 4 | 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 recently refreshed with new LVP flooring, updated bathroom vanities, and fresh paint. While the kitchen retains dated tile countertops and painted original cabinetry, the units are move-in ready and well-maintained, meeting the criteria for a functional investment property.
Two of the four units are fully updated and vacant, allowing for immediate market-rate leasing or owner-occupancy without the need for initial renovation capital or downtime.
The rare opportunity to purchase the adjacent fourplex at 1304 Flower Street allows an investor to acquire 8 contiguous units, streamlining property management and increasing local market share.
As a four-unit residential income property, it qualifies for attractive residential financing such as FHA or VA loans, making it an ideal 'house-hacking' opportunity for owner-occupants.
Multi-unit properties with 2-bedroom/1-bath configurations typically experience higher tenant turnover and require more intensive management compared to single-family residential investments.
While two units are updated, the remaining two occupied units likely require future capital expenditures to match the updated units' condition and achieve maximum market-rate rents.
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 | 8.0 | 8.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,432 | 3,432 | 50% |
| Lot Size | 7,405 | 7,405.2 | 40% |
| 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 | 43 | 166 | 20% |
May 1, 2026
$640,000
Initial Listing