
Bakersfield, CA 93305
Welcome investors.....2 homes on 1 lot. An established area in Bakersfield with long term returns. Unit 1 feature 2 Bedrooms 1 Bath and Unit 2 features 1 Bedroom and 1 Bath. Well maintained homes each with long term tenants. Excellent opportunity for new or established investors or owner occupants.
Property is moderate renovation needed.
Built in 1913, this property is significantly aged (>20 years). While the listing describes it as well-maintained for long-term tenants, the exterior shows dated windows, older stucco, and swamp cooler units rather than modern HVAC. It likely requires interior cosmetic updates and system modernizations to meet current market standards.
The property features two separate homes on a single lot, providing an excellent opportunity for dual rental income or an owner-occupant looking to offset their mortgage through house-hacking.
With established, long-term tenants already in place, the property offers immediate returns and reduced vacancy risk for the incoming investor from day one.
Listed at $269,900 for a multi-unit residential income property, it offers a low-barrier entry into the Bakersfield market with strong potential for long-term yield.
Built in 1913, the property is over a century old and may require significant capital expenditures for modernizing aging infrastructure such as plumbing, electrical, and roofing.
The 1-bedroom and 2-bedroom layouts may limit the tenant pool to individuals or small households, potentially capping rental growth compared to larger family-sized units.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 5,662 | 3,050.111 |
| Lot Size | 5,633 | 8,743.333 |
| Price | $260.9K | $480.4K |
| Price per sq ft | $46 | $188 |
| Built year | 1913 | 1966 |
| HOA | $0 | $0 |
| Days on market | 169 | 84 |
May 8, 2026
$269,900
Initial Listing