
Bakersfield, CA 93305
This turnkey duplex presents a High-Potential Investment Opportunity with a List Price of $330,000—positioned slightly above the $327,521 Fair Market Value. While the property is priced at market, it offers significant upside through rent adjustments for long-term tenants. Featuring a Condition Rating of 3, the unit includes modern central HVAC and energy-efficient solar lighting. This Residential Income asset is ideally suited for Buy-and-Hold Investors or Portfolio Assemblers looking to capitalize on the existing three-parcel assembly near downtown Bakersfield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 822 East 19th Street Subject 4 bd · 2 ba · 1,830 sqft · $179 | $330,000* List Price | 4 | 2 | 1,830 | $179 | - |
A 410 Niles Pending 3 bd · 0 ba · 1,517 sqft · $191 · 0.6 mi | $289,900 List Price | 3 | 0 | 1,517 | $191 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is described as a 'recently renovated' turnkey duplex with updated central HVAC and energy-efficient solar lighting. While the exterior reflects an older architectural style, the recent updates and professional onsite management indicate it is well-maintained, functional, and move-in ready for tenants.
The property has been recently renovated and features modern upgrades such as central air conditioning and energy-efficient solar lighting, minimizing immediate maintenance needs.
With long-term tenants currently in place at below-market rates, there is a substantial opportunity for an investor to increase the capitalization rate through rent adjustments.
Situated near downtown Bakersfield and major freeways, the property offers excellent accessibility and high tenant demand due to its proximity to urban amenities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The relatively small 3,484 square foot lot limits outdoor space for tenants and provides little room for future structural expansion or additional amenities.
As part of a three-parcel assembly, the sale is ideally structured for a bulk buyer, which may create complexities or less favorable terms for an individual duplex investor.
This turnkey duplex offers an excellent investment opportunity in a prime location near downtown and major freeways. Recently renovated, each unit features central air conditioning and heating, along with energy-efficient solar lighting to minimize utility costs. The property is well-maintained with onsite management handling cleaning and maintenance. The building is currently occupied by long-term tenants with significant potential for rent adjustments to reach current market rates. This property is part of a three-parcel assembly and is ideally suited for an investor looking to acquire all three properties together. All Sharing Parcels: 4 unit - 017-140-12-00 4 unit - 017-140-11-00 2 unit - 017-140-17-00
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 7.5 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,830 | 3,050.111 |
| Lot Size | 3,484 | 8,743.333 |
| Price | $330.0K | $480.4K |
| Price per sq ft | $180 | $188 |
| Built year | 0 | 1966 |
| HOA | $0 | $0 |
| Days on market | 2 | 84 |
Oct 22, 2026
$330,000
Initial Listing
Jul 12, 2019
$755,000
Public Record
Jul 26, 2017
$105,000
Public Record
Feb 28, 2003
$95,000
Public Record
Nov 24, 1997
$30,000
Public Record