Northeast Homes with 2 homes on 1 Lot Subtype

Welcome to Bakersfield, California, a vibrant city nestled in the heart of Kern County, where the golden sun shines upon a rich tapestry of culture, community, and opportunity. Known for its friendly atmosphere and diverse neighborhoods, Bakersfield offers a unique blend of urban convenience and serene suburban living. With a thriving economy and a variety of recreational activities, it’s no wonder that this city has become a favorite destination for families, professionals, and retirees alike.

One of the most exciting real estate options in Bakersfield is the innovative concept of homes with two residences on one lot. This unique housing subtype presents an incredible opportunity for both homeowners and investors. Imagine the possibilities of living in one home while renting out the other, providing a steady stream of income, or accommodating extended family members in a comfortable and convenient setting. These properties are perfect for multigenerational living or simply enjoying the space and flexibility that comes with having two homes on one lot.

Bakersfield's neighborhoods are diverse, featuring everything from charming historic homes to modern developments, ensuring there’s something for everyone. The city boasts an array of parks, shopping districts, and cultural attractions, making it an ideal place to call home. With the added benefit of two homes on one lot, you can enjoy the best of Bakersfield living while maximizing your investment potential. Come discover the charm of Bakersfield and explore the exciting opportunities that await you in this thriving community!

Newest Northeast Homes with 2 homes on 1 Lot Subtype

$299,000

Two homes, one lot! This fully remodeled 2BD/1BA home features a brand-new kitchen with farmhouse sink, fresh tile work, and an updated bath with new vanity. Indoor laundry room with hookups included. At the rear of the 7,405 SF lot sits a permitted 2BD/1BA ADU with its own private entrance, paved yard, galley kitchen, and in-unit laundry room, fully independent from the main home. Ideal for extended family, guests, or rental flexibility. Paid-in-full solar keeps utility costs low. Tandem parking plus a large gated front yard, with a separate gated backyard for added privacy. Don't miss this rare Bakersfield opportunity!

1507 Pearl St, Bakersfield

Courtesy of Phil M Jordan with Keller Williams Realty

$399,000

Here's your opportunity to own a versatile income producing property featuring two homes PLUS a studio on one lot. The front home offers 3 bedrooms, 2 bathrooms, hardwood floors, carpet, a spacious kitchen, breakfast area, and a carport. Recent improvements include a tankless water heater, fresh interior paint, a newer swamp cooler, a mini split system, and updated sewer plumbing lines. The second home features 2 bedrooms and 1 bathroom, providing excellent rental potential. In addition, the converted garage has been transformed into a studio, creating a third income producing unit ready for its next tenant. All appliances are included, along with a new refrigerator. The fully fenced property features block walls and iron gates for added privacy and security, and each residence has its own private fenced yard. Whether you are looking to expand your investment portfolio or live in one home while generating rental income from the others, this property offers an excellent opportunity!

924 Knotts St, Bakersfield

Courtesy of Chadd Neill with Wayside, Realtors®- Miramar Realty

$274,900

We are pleased to present the opportunity to acquire 2 Homes on 1 Lot on industrial zoned land (M-1), City of Bakersfield. The front unit is registered as 2 beds, 1 bath with 1,214 SF (leased at $1,500). The rear unit, which has alley access, shows 1 bed, 1 bath with 492 SF. This unit underwent a complete restoration (leased at $1,000). ** CASH / HARD MONEY OFFERS ONLY **** All offers considered **

525 Butte St, Bakersfield

Courtesy of Felix C Diaz with Executive, REALTORS®

$319,900

We are pleased to present the opportunity to acquire 2912 Kentucky Street, an attractive investment property located in an established rental pocket. The property features 2 separate residences on one lot, providing investors the potential for multiple income streams from a single Asset. The front residence is currently vacant and offers approximately 860 SF, featuring 2 bedrooms and 1 bathroom. The rear residence offers approximately 513 SF, also featuring 2 bedrooms and 1 bathroom. Both residences are individually metered for electricity and gas, allowing easy utility management for the Landlord. With 2 residential units, 1 currently vacant and available for immediate leasing or price restructure, this presents an appealing opportunity for an investor seeking cashflow or for a 1st time home buyer looking to enter ownership. ** All offers considered **

2912 Kentucky St, Bakersfield

Courtesy of Felix C Diaz with Executive, REALTORS®

$395,000

Rare income-producing opportunity in Bakersfield two fully remodeled homes on one lot. The front unit offers 2 bedrooms and 1 bath, while the back unit boasts 3 bedrooms and 2 baths, both finished with modern updates throughout including new flooring, fixtures, and finishes. Paid-off solar keeps utility costs low for both units, a major value-add for owner-occupants or investors alike. Ideal for multigenerational living, house-hacking, or adding a turnkey rental to your portfolio. Two separate, move-in-ready homes one incredible opportunity. Won't last!

1408 Lincoln St, Bakersfield

Courtesy of Michael Melendez with Central Valley Property Advisors

$314,400

Two separate buildings(APPRX 3,000 sq FT) on one oversized M-1 lot in Old Town Kern a true live-work-invest setup.(1302 1/2 TRUXTON) Approximately 845 sq ft up front with frontage right on Truxtun (real storefront exposure), plus a second building running 2,200+ sq ft behind it. Then there's the bomb shelter built solid and tailor-made for wine storage or a private tasting room.M-1 zoning opens the door to a long list of uses: owner/user electrical contractor or other sub-trades, BBQ joint or restaurant, wine tasting, cabinet shop, engineering office, law firm. Run your business out of one building and live in the other.Yes, it needs a little TLC. However, the unique architecture and good bones make this one a winner. Proforma numbers pencil at $36,000 gross annual income against roughly $3,000 in expenses about $33,000 net, a 9 cap on paper.. Easy to show lockbox on site, book through ShowingTime. Bring your vision and your contractor.

1302 E 19th, Bakersfield

Courtesy of Debra K McTaggart with Epique Realty

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