
Bakersfield, CA 93305
This investment Fourplex property offers strong cash flow, features long-term tenants, and includes three recently renovated units. It is equipped with solar exterior lighting to help minimize utility expenses. Given that the property shares a parking area with two other buildings on the lot, it would be an excellent candidate for a bundled portfolio acquisition. Additionally, every unit includes washer and dryer hookups, and the location provides convenient access to Downtown. Each unit is equipped with central AC and heat. The property is secure and includes onsite management to assist with maintenance and cleaning. I look forward to discussing this opportunity further. All Sharing Parcels: 4 unit - 017-140-12-00 4 unit - 017-140-11-00 2 unit - 017-140-17-00
Property is move-in ready.
The property features three recently renovated units and is equipped with modern functional systems including central AC/heat and washer/dryer hookups in every unit. While the exterior siding and overall structure show some age, the recent interior updates and active onsite management indicate a well-maintained, move-in ready investment.
Three of the four units have been recently updated, significantly reducing immediate capital expenditure requirements and allowing for competitive market rents.
The inclusion of central AC/heat and individual washer/dryer hookups in every unit provides a significant competitive advantage in the rental market.
Solar exterior lighting reduces common area utility costs, while onsite management ensures consistent maintenance and tenant oversight.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 2.
The property shares a parking area with two other buildings, which may lead to management complexities or tenant disputes if not acquired as a bundled portfolio.
The current list price of $660,000 is substantially lower than the 2019 sale price of $755,000, suggesting a potential decline in local market value or historical overvaluation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 7.5 |
| Baths | 4.0 | 4.0 |
| Square foot | 9,150 | 3,050.111 |
| Lot Size | 16,988 | 8,743.333 |
| Price | $660.0K | $480.4K |
| Price per sq ft | $72 | $188 |
| Built year | 0 | 1966 |
| HOA | $0 | $0 |
| Days on market | 2 | 84 |
Oct 22, 2026
$660,000
Initial Listing
Jul 12, 2019
$755,000
Public Record
Mar 13, 2014
$150,000
Public Record
Feb 28, 2003
$130,000
Public Record