2207 River, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
Loading property details...
Bakersfield, CA 93305
This fully renovated High-Potential Investment Opportunity is listed at $615,000, positioned above the $564,157 Fair Market Value. While the property carries a premium, its Turnkey Condition Rating and versatile unit mix—comprising four 1-bedroom units and one 3-bedroom unit—ensure immediate rental readiness with minimal capital expenditure. The asset offers a stable, low-maintenance income stream for Buy-and-Hold Investors. Despite lower-rated local schools, the property’s comprehensive modern upgrades and efficient layout make it an ideal acquisition for income-focused investors seeking a streamlined, multi-family asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2207 River Subject | $615,000* List Price | 0 | 0 | 3,144 | $179 | - |
A 1312 Flower Street Sold | $580,000 | 0 | 0 | 3,432 | $169 | 0.7 mi |
B 1312 Flower Street Sold | $580,000 | 8 | 4 | 3,432 | $169 | 0.7 mi |
C 727 Knotts Sold | $450,000 | 0 | 0 | 2,040 | $221 | 0.2 mi |
D 1300 Flower Street A-D Active | $640,000 List Price | 8 | 4 | 3,432 | $186 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1952, the property is described as fully renovated and in turnkey condition. Visual evidence shows new architectural shingle roofs, updated vinyl windows, and fresh exterior paint, indicating a comprehensive renovation within the last 5 years.
The property is fully renovated with modern upgrades throughout, offering a turnkey solution that minimizes immediate capital expenditure and vacancy for new investors.
Featuring four 1-bedroom units and a larger 3-bedroom, 2-bathroom unit, the property provides a diverse rental strategy that appeals to both individuals and larger families.
As a well-maintained multi-unit property with no association fees, this asset is designed for investors seeking a streamlined, low-overhead residential income opportunity.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8601, other record lot size in square feet = 8712.
The assigned elementary and middle schools have low ratings (2/10 and 3/10), which may limit the property's appeal to long-term family tenants and affect appreciation.
Originally constructed in 1952, the property may require more frequent monitoring of core infrastructure and systems compared to newer multi-family developments.
Fully renovated five-unit investment property in turnkey condition, located at 2207 River Blvd in Bakersfield. The property consists of four updated 1-bedroom, 1-bathroom units, along with a spacious 3-bedroom, 2-bathroom unit situated at the rear of the property. Extensive renovations and modern upgrades throughout. This well-maintained asset offers an excellent opportunity for investors seeking a low-maintenance property with income potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,144 | - |
| Lot Size | 8,601 | - |
| Price | $615.0K | $549.6K |
| Price per sq ft | $196 | $176 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 24 | 79 |
Jun 29, 2026
$615,000
Initial Listing
Jan 28, 2022
$480,000
Public Record
Jun 11, 2003
$150,000
Public Record
Feb 5, 2002
$97,000
Public Record