$1,050,000
$980,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
3,168 SqFt
SOLD DATE : 06/29/2026
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $331
MLS Listing ID 202605939
Sold Date 06/29/26
Year Built 1962
Property Sub-Type 5 - 10 Units
Property Description
Incredible 8-unit multifamily investment opportunity in Bakersfield's desirable 93306 corridor! Two well-maintained 4-plex buildings on one parcel, totaling 6,336 sq ft. All 2BD/1BA floor plans with private yard areas, covered parking, and a common area between buildings. On-site laundry room, some new windows, and great curb appeal. 6 of the 8 Central AC units are about 6 years old or NEWER. 100% occupied with gross monthly income of $8,960, and current rents ranging from $1,050-$1,250 are still below the market rate of $1,250-$1,300 per unit, meaning there's real upside for the next owner! Strong cash flow, strong demand, strong market - this one checks all the boxes!6.7% Cap Rate.
Location
State CA
County Kern
Area 42
Exterior
Parking Features Carport
Building
Story 1
Schools
Elementary Schools Nichols, Col.H.
Middle Schools Chipman
High Schools Highland
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Bought with Anthony Quintero • KW Commercial

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