132 L St, Bakersfield, CA 93304

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List Price
$3,475,000
MLS#
202611697
Status
ACTIVE
Type
Multifamily
SubType
Residential Income
City
Bakersfield
Area
Downtown
County
Kern
Living Area
20,160
Year Built
1971
Lot Size
69,173

Property Description

Discover an exceptional investment opportunity at 132 L St in Bakersfield, CA 93304. This strategically positioned apartment building is conveniently located near the heart of downtown Bakersfield, promising a desirable urban lifestyle. With a steady cash flow, this property features a total of 33 units, thoughtfully composed of 18 generous one-bedroom residences and 15 meticulously designed studios. Priced under $3,500,000, this asset presents an attractive proposition for both seasoned investors and those entering the real estate market. Notably, there is significant room for rental increase, offering potential for enhanced revenue. Seize the chance to acquire a valuable piece of real estate in a prime location, poised to provide secure returns while offering the potential for further growth. Contact us today to explore this enticing opportunity in Bakersfield, CA.

Additional Information

Parking Type
Uncovered
Stories
1
Disclosures
None of the Above

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Calculator source: Real Geeks

Courtesy of Eric VanDenk with Central Valley Property Advisors

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2026 Bakersfield Association of Realtors. All Rights Reserved.
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