1304 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, positioned as a strategic acquisition near its $583,372 Fair Market Value. The property maintains a Fair Condition Rating and features a 1984 build date, offering superior structural longevity compared to older local inventory. With one vacant and fully updated unit, the asset provides immediate cash-flow potential and a clear path to market-rate optimization. The scalability of a potential 8-unit portfolio acquisition makes this a high-utility choice for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1304 Flower Subject | $640,000* List Price | 0 | 0 | 3,432 | $170 | - |
A 1300 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 moderate renovation needed.
Built in 1984 (40 years old), the property exceeds the 20-year threshold for dated systems. While the listing notes it is well-maintained and features one recently updated move-in ready unit, the remaining three units and overall exterior systems likely require minor repairs or updates to meet modern standards, fitting the 'Fair' criteria.
The property features one vacant, fully updated unit ready for immediate occupancy, allowing an owner-user or investor to capture current market rents without renovation delays.
The rare opportunity to purchase this property alongside the neighboring fourplex at 1300 Flower Street provides a unique chance to acquire an 8-unit portfolio for increased management efficiency.
Conveniently located near downtown Bakersfield with easy access to freeways, schools, and shopping, ensuring high tenant demand and long-term desirability.
The property was recently sold within the past year on 2025-06-18. The sold price is $585,000.00.
With three units currently occupied, the immediate cash flow may be restricted by existing lease terms, delaying the ability to bring the entire building to market-rate rents.
As a multi-family residential income property, it requires more intensive management and maintenance coordination compared to single-family residential investments.
Exceptional investment opportunity in Bakersfield! 1304 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with ONE vacant and updated unit 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 vacant unit is move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1300 Flower Street, another fourplex featuring two vacant updated units and two 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 | 7,405 | 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 | 36 | 159 | 20% |
May 1, 2026
$640,000
Initial Listing
Jun 18, 2025
$585,000
Public Record
May 24, 2022
$450,000
Public Record
Apr 15, 2019
$300,000
Public Record
May 11, 2017
$290,000
Public Record
Jul 31, 2012
$340,000
Public Record
Apr 17, 2009
$115,000
Public Record