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2207 River Blvd, Bakersfield
$599,000
Five-unit income property in northeast Bakersfield: four 1BR/1BA units plus a 3BR/2BA rear house. Approximately 3,144 SF of improvements on an approximately 8,600 SF lot, built 1952, with updated units and gated off-street parking. Pro forma gross potential rent of approximately $66,000 at current market rents, with upside through professional management and leasing. Seller financing available to qualified buyers with a minimum 30% down; terms negotiable. Located near GET bus service, with Bakersfield College about 1.4 miles away. Rent roll and operating statements available to qualified buyers upon request. Buyer to verify all information, including unit count, square footage and income. Do not disturb tenants. Showings by appointment only through listing broker.

2207 River Blvd, Bakersfield

Courtesy of Sunny Advani with Sanjeev Advani, Broker

1018 Miller St, Bakersfield
$1,050,000
Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

1018 Miller St, Bakersfield

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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