1320 Flower Street, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
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1320 Flower Street
Bakersfield, CA 93305
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
3,432Sq Ft
7,556Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$590,676
SUMMARY
This High-Potential Investment Opportunity is a Quadruplex listed at $595,000, positioned slightly above the $590,677 Fair Market Value. Featuring an Excellent Condition Rating, this asset includes significant recent upgrades such as new A/C units, water heaters, and granite countertops, ensuring minimal immediate capital expenditure. With four 2-bedroom, 1-bathroom units and a gated parking lot, the property is optimized for consistent rental demand. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a stable, income-generating property in Bakersfield.
Estimated Market Value
$590,676
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1320 Flower Street Subject | $595,000* List Price | 0 | 0 | 3,432 | $172 | - |
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 1304 Flower Street A-D Active | $600,000 List Price | 8 | 4 | 3,432 | $175 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1984, the property has undergone a comprehensive recent renovation (<5 years) featuring new wood and tile flooring, granite countertops, and new appliances. Most importantly, major systems including the A/C units and water heaters are new, meeting the criteria for excellent condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Upgrades
The property features significant recent improvements including new A/C units, water heaters, granite countertops, and flooring, minimizing immediate capital expenditure for investors.
- High-Demand Unit Mix
Comprised of four 2-bedroom, 1-bathroom units with in-unit washer/dryer hookups, the building is well-positioned to attract long-term tenants and maximize rental income.
- Secure Amenities & Location
The inclusion of a gated parking lot provides added security and value, complemented by a convenient location near downtown Bakersfield and public transportation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7556, other record lot size in square feet = 7405.
- Substantial Price Appreciation
With the listing price nearly doubling since its 2017 sale, investors must carefully evaluate current market rents to ensure the cap rate aligns with their financial goals.
- Building Age
Constructed in 1984, the property may require ongoing maintenance of aging structural systems despite the modern interior cosmetic updates.
About 1320 Flower Street
Excellent investment opportunity! This is what both new & experienced investors are looking for to make their money work for them. Beautiful 4 unit apartment building hot on the market. Each unit is a stunning 2 bedroom, 1 bathroom apartment with new wood flooring, tile flooring, ceiling fans, granite counter-tops, electric stove, dishwasher, new A/C units, new water heaters including washer/dryer hook-ups. Great floorplan layout, lots of open parking spaces in a gated lot, peaceful & quiet location and conveniently located to shopping, restaurants, public transportation and downtown Bakersfield. Do not let this opportunity pass you by, this is investment gold! Get your offers in today!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1984
- Lot Size
- 7,556 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,432 | 3,255.25 |
| Lot Size | 7,556 | 9,020 |
| Price | $595.0K | $503.0K |
| Price per sq ft | $173 | $185 |
| Built year | 1984 | 1968 |
| HOA | $0 | $0 |
| Days on market | 40 | 83 |
Pricing History
Listed for Sale
Jul 31, 2026
$595,000
Initial Listing
Sold
Oct 10, 2017
$299,500
Public Record
Sold
Jan 8, 2016
$232,500
Public Record
Sold
Jan 14, 2013
$148,000
Public Record
Sold
Oct 28, 2011
$159,000
Public Record
Sold
Apr 21, 2010
$134,500
Public Record
Sold
May 22, 2009
$124,000
Public Record
Sold
Dec 17, 2004
$285,000
Public Record