
Bakersfield, CA 93309
Five-unit multifamily opportunity with four remodeled units and a versatile mix of one three-bedroom, two-bath residence and four two-bedroom, one-bath residences. Recent improvements include new flooring, interior paint, recessed lighting, baseboards, mirrors, replacement of interior water lines, select interior and exterior doors, bathroom reglazing, newer bathroom fixtures and toilets, select kitchen components and appliances, and, in certain units, new cabinets and vanities. Additional property improvements include replacement of some water heaters, exterior renovations, fresh exterior paint, and updated landscaping. The property also features a detached two-car garage, laundry hookups, and four separate laundry areas. With multiple unit configurations, existing rental income, and extensive improvements already completed, this property presents an attractive multifamily investment opportunity.
Property is move-in ready.
Although built in 1979, the property has undergone recent extensive renovations in 4 of the 5 units. Significant updates to interior systems (water lines, water heaters), kitchens (new cabinets/appliances), and bathrooms (reglazing, new fixtures) along with fresh exterior paint and landscaping place this in well-maintained, move-in ready condition.
With four out of five units remodeled and significant upgrades to flooring, plumbing, and fixtures, this property offers a turnkey investment with reduced immediate capital expenditure.
The combination of a large three-bedroom residence and four two-bedroom units provides a diverse rental strategy that appeals to both families and smaller households.
The inclusion of a detached two-car garage and four separate laundry areas adds significant functional value and convenience, helping to attract and retain long-term tenants.
Despite interior cosmetic updates, the 1979 construction may necessitate future investments in major systems like the roof or electrical panels that were not explicitly listed as replaced.
The assigned elementary, middle, and high schools all carry a rating of 4, which may limit the property's appeal to families specifically seeking high-performing school districts.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 11.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,163 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $899.0K | $414.9K |
| Price per sq ft | $216 | $246 |
| Built year | 1979 | 1986 |
| HOA | $0 | $180 |
| Days on market | 23 | 65 |
Oct 1, 2026
$899,000
Initial Listing