
Bakersfield, CA 93304
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $580,000—positioned above the $517,216 Fair Market Value. While the property requires capital for modernization due to its Condition Rating of 5, the 10,500 sq. ft. corner lot and brand-new roof provide a solid foundation for value-add strategies. With a projected $4,280 monthly rental income, this property is well-suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage a house-hack strategy in Central Bakersfield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 208 Brink DR Subject | $580,000* List Price | 0 | 0 | 2,552 | $203 | - |
A 1017 Paloma St Sold | $419,000 | 0 | 0 | 2,044 | $205 | 1.0 mi |
B 708 P Street Active | $500,000 List Price | 6 | 3 | 2,160 | $231 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, the property shows significant signs of age and deferred maintenance, including visible rot/damage to an exterior door and extremely dated kitchen/bath interiors with vintage pink tiling. While the roof is new and one unit is remodeled, the 78-year-old structure and remaining units likely require substantial rehabilitation and system updates.
With a projected monthly rental income of $4,280 and one unit already remodeled and vacant, this quadruplex offers immediate revenue growth and flexibility for an owner-occupant or investor.
The property features a brand-new roof under warranty, significantly reducing near-term capital expenditure risks and enhancing the building's overall value and structural integrity.
Situated on a spacious 10,500 sq. ft. corner lot in Central Bakersfield, the property provides excellent visibility, easy access, and ample space for potential future site improvements.
Originally constructed in 1946, the property may require ongoing maintenance or modernization of core systems such as plumbing and electrical that are typical for buildings of this era.
The uniform 1-bedroom, 1-bathroom layout across all four units may restrict the target tenant demographic and could lead to higher turnover compared to multi-bedroom family units.
Great Investment Opportunity! Fourplex on a 10,500 sq. ft. corner lot in Central Bakersfield. Each unit offers 1 bedroom, 1 bathroom, living room, kitchen, and its own address. Features a brand-new roof (under warranty) and a remodeled vacant unit ready for occupancy—projected rental income of $4,280/month when fully leased. Reliable tenants, great location near shopping and freeway access. Perfect for investors! Or OWNER OCCUPIED
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,552 | 3,255.25 |
| Lot Size | 10,454 | 9,020 |
| Price | $580.0K | $503.0K |
| Price per sq ft | $227 | $185 |
| Built year | 1946 | 1968 |
| HOA | $0 | $0 |
| Days on market | 36 | 83 |
Aug 4, 2026
$580,000
Initial Listing
Apr 6, 2023
$455,000
Public Record
Apr 1, 2022
$445,000
Public Record
Dec 11, 1998
$90,000
Public Record