$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
7,044 SqFt
SOLD DATE : 01/29/2026
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,044 sqft
Price per Sqft $149
MLS Listing ID 202510968
Sold Date 01/29/26
Year Built 1958
Property Sub-Type 5 - 10 Units
Property Description
Charming 10-Unit Multifamily Property in Upper NE BakersfieldLocated at 1006 Princeton in the desirable upper northeast Bakersfield neighborhood, this 10-unit property is near Bakersfield Junior College and the picturesque Panorama Bluff walking trails. Built in 1958 and featuring a mix of 5 spacious 2-bedroom/1-bath units and 5 comfortable 1-bedroom/1-bath units, the building offers approximately 7,044 square feet of rentable space. Recent upgrades include a new roof in late 2019 and freshly painted exterior, with additional amenities like covered parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $132,852 annually, with rents ranging from $979 to $1,415, making it an excellent investment opportunity. Asking Price: $1,200,000. Contact us today to learn more!
Location
State CA
County Kern
Area 31
Exterior
Parking Features Carport
Building
Story 1
Schools
Elementary Schools Noble, Myra A.
Middle Schools Washington
High Schools East
School District Bakersfield City
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Bought with Caleb A Fisk • ASU Commercial
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