
Bakersfield, CA 93305
This Income-Generating Quadruplex represents a Prime Investment Opportunity with a List Price of $489,000—positioned well below the $508,800 Fair Market Value by 3%. This valuation provides $19,800 in Instant Equity. Featuring a Fair Condition Rating, the asset benefits from recent stucco siding and newer windows. With all four units fully leased, including a standalone cottage and a 3-bedroom unit, it ensures immediate cash flow in the Alta Vista area. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 Quincy Subject | $489,000* List Price | 0 | 0 | 2,960 | $172 | - |
A 1024 Bernard Street Pending | $450,000 List Price | 0 | 0 | 2,400 | $188 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, this quadruplex has undergone some exterior maintenance including new stucco siding and newer windows, which helps with energy efficiency and curb appeal. However, the lack of interior photos and the 'don't disturb tenants' instruction suggests the interiors, including kitchens and bathrooms, likely feature older finishes and aged systems. While functional and fully leased, the property's age and limited scope of recent renovations align with the 'fair' condition category.
The property is fully leased across all four units, providing an investor with immediate and steady rental income from the day of acquisition.
The seller has recently upgraded the exterior with new stucco siding and installed newer windows, reducing immediate maintenance requirements and improving energy efficiency.
Featuring a studio, two 1-bedroom units (including one standalone cottage), and a large 3-bedroom unit, the property appeals to a diverse range of tenant profiles.
Built in 1936, the property may have underlying plumbing, electrical, or structural components nearing the end of their functional lifespan, requiring future capital expenditure.
The assigned elementary and middle schools have low ratings (2-3), which may limit the property's appeal to families and impact long-term appreciation potential.
Don't miss out on this fantastic Four-plex opportunity in Alta Vista area ! property is generating income from all four units are fully leased property. Property features 600 Quincy 1/2- 1 studio, 602 Quincy - 1 bedroom and 1 bathroom 1611 Kern St 1 bedroom and 1 bathroom is completely separate from main building giving a lot of privacy since is a standalone unit. 600 Quincy St is 3 bedrooms and 1 bathroom This is the perfect investment for steady cash flow. Its prime location near downtown offers easy access to shopping, restaurants, and entertainment venues making it an attractive choice for potential tenants. Seller replaced wood siding for stucco on both buildings and newer windows. Property to be sold with tenants in place. Please don't disturb tenants.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,960 | 2,960 | 50% |
| Lot Size | 11,310 | 7,564 | 80% |
| Price | $489.0K | $510.0K | 40% |
| Price per sq ft | $165 | $169 | 20% |
| Built year | 1936 | 1984 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 114 | 20% |
Mar 19, 2026
$489,000
Initial Listing
Oct 6, 2023
$399,000
Public Record
Jun 5, 2017
$207,500
Public Record
May 29, 2013
$140,000
Public Record
Sep 3, 2004
$165,000
Public Record