1304 Flower Street A-D, Bakersfield, CA 93305, Bakersfield, 93305 - 8 bed, 4 bath
Loading property details...
Bakersfield, CA 93305
This Multi-Family Residential Income Asset is listed at $640,000, reflecting a strategic asking price relative to its $542,224 Fair Market Value. Boasting a Good Condition Rating, the property features updated 2-bedroom units and dual-pane windows, ensuring minimal deferred maintenance for the incoming owner. The unique Portfolio Scalability offered by the neighboring fourplex and the immediate House Hack capability of the vacant unit drive its long-term investment appeal. Located near downtown Bakersfield, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking stabilized cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1304 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 | 0.7 mi |
D 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 move-in ready.
Built in 1984 (40 years old), the property exceeds the 'Fair' age threshold but qualifies as 'Good' due to being well-maintained with recent updates. The listing confirms updated, move-in ready units and the exterior shows dual-pane windows and fresh paint, indicating a renovation cycle within the last 5-15 years.
One unit is already vacant and updated, allowing for immediate owner-occupancy or market-rate leasing without the need for initial renovation costs or delays.
The opportunity to purchase the neighboring fourplex creates a rare side-by-side 8-unit investment, offering significant management efficiencies and increased market presence.
Situated near downtown Bakersfield with easy access to freeways, shopping, and schools, the property is well-positioned to maintain high occupancy rates and long-term demand.
The property consists exclusively of 2-bedroom, 1-bathroom units, which may limit its appeal to larger families or tenants seeking more diverse floor plan options.
As a multi-unit residential income property, it requires more active management and maintenance oversight compared to single-family investments to ensure consistent cash flow.
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 | 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 | 45 | 168 | 20% |
May 1, 2026
$640,000
Initial Listing