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1010 Beale Ave, Bakersfield
$1,680,000
1010 Beale Avenue presents an attractive value-add multifamily investment opportunity in Bakersfield, California, consisting of sixteen (16) spacious 2-bedroom, 1-bathroom units situated on approximately 0.46 acres. The property benefits from a highly desirable workforce housing unit mix that continues to experience strong rental demand throughout the Bakersfield market. With current gross annual income exceeding $195,000, the asset provides investors with immediate cash flow while maintaining potential for future rent growth and operational efficiencies. The gated community features onsite laundry facilities, ample parking, and a proven rental history, making it well-positioned to attract and retain long-term tenants. Located near Downtown Bakersfield, major employment centers, schools, and transportation corridors, 1010 Beale Avenue offers investors the opportunity to acquire a stabilized multifamily asset with strong in-place income, durable tenant demand, and long-term appreciation

1010 Beale Ave, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors

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

1308 Flower St, Bakersfield
$585,000
Excellent investment opportunity in the heart of Bakersfield! This well-maintained four-unit apartment building features four spacious 2-bedroom, 1-bath units, offering strong rental demand and excellent income potential. The property includes approximately 3,442 square feet of living space with ample on-site parking and convenient access to schools, shopping, dining, medical facilities, and major commuter routes. The functional floor plans, washer/dryer hookups, and desirable unit layouts make this property attractive to both tenants and investors alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking an income-producing asset, this multi-family property offers tremendous upside and long-term value. Don't miss the opportunity to own a cash-flowing asset in a growing rental market.

1308 Flower St, Bakersfield

Courtesy of Josefina Sarabia with Luxury Collective

1221 Niles St, Bakersfield
$145,900
Prime Commercial/Residential Development Opportunity! Rare vacant lot zoned C-1 Commercial, offering excellent flexibility for a variety of business, mixed-use, or residential development opportunities. Utilities are available at the property, as a previous structure once occupied the site, helping simplify future development plans. Ideal for retail, office space, service businesses, duplexes, apartments, or other income-producing residential projects, subject to city approval. Conveniently located with great visibility and easy access to major streets, this property presents a fantastic opportunity for investors, developers, and business owners alike. Bring your vision and unlock the potential of this versatile property! Buyer to verify all information and conduct their own diligences.

1221 Niles St, Bakersfield

Courtesy of Maria Luevanos with Sierra Central Real Estate

1600 Kentucky St, Bakersfield
$234,000
Investor Opportunity: Prime R-4 Zoned Vacant Land for High-Density DevelopmentUnlock the full potential of this strategically located parcel zoned R-4 High Density Residential perfectly suited for multi-family development projects including apartments, townhomes, or condominiums. This is a rare opportunity to capitalize on a zoning designation that supports maximum residential density, allowing for a higher number of units per acre and strong long-term rental or resale potential.This parcel offers a high-upside investment in a market where well-located, high-density land is increasingly scarce. Whether you're a developer seeking your next profitable build or a long-term investor looking to land bank in a growth corridor, this property checks all the boxes. SELLER IS MOTIVATED!

1600 Kentucky St, Bakersfield

Courtesy of Paul Aguilar Jr with KW Coastal Estate

1720 Pacific St, Bakersfield
$258,000
2 Beds
Great opportunity with this 2 bedroom, 1 bathroom home located in an R-3 zoned area, great for a starter home or a strong potential for an investor for a future development. The property has been recently partially remodeled, providing a solid foundation with new flooring fresh paint while leaving room to add your own value. Ideal as a starter home, it offers comfortable living with long-term upside. Investors will appreciate the flexible R-3 zoning, allowing for potential multi-unit expansion or redevelopment. The lot presents a rare chance to build out additional units and maximize income potential. Whether you're looking to live in, rent, or develop, this property delivers versatility and opportunity.

1720 Pacific St, Bakersfield

Courtesy of Gustavo I Garcia Matias with Century 21 Select Real Estate

1893 Flower St, Bakersfield
$385,000
Commercial property available at 1893 Flower St in Bakersfield, offering flexibility for an owner-user or investor. The property presents potential for a variety of uses, subject to zoning, and may be suitable for a business owner looking to occupy while building long-term equity. Property consists of two separate buildings: 1893 Flower St and 1893 1/2 Flower St. The main building is a two-story structure previously used as a real estate office and mini market. The downstairs features a rounded layout with a kitchenette, single bathroom, and dual entry access. The upstairs includes a large open area with ceiling fan, full bathroom, additional half bathroom, and office space.The second building, 1893 1/2 Flower St, is a single-level structure previously operated as a barbershop and includes two half bathrooms.Parking for the two-story building is located at the rear of the property, while the single-levelbuilding offers front parking access.

1893 Flower St, Bakersfield

Courtesy of Ernesto Osuna Hernandez with D Best Realty, Inc.

310 Chico St, Bakersfield
$1,200,000
Prime 2.06 acre corner commercial lot zoned M-2, currently operating as a truck yard with endless potential. Ideal for industrial use, trucking operations, truck-driving schools, logistics, or other commercial uses. The property is fully asphalted and secured with a full concrete block wall, topped with barbed wire for added privacy and protection, plus a wrought-iron front gate. Utilities are in place with existing water and electricity connections. Additional features include a mobile office, a mobile maintenance shop, and three on-site light poles. Property also has an approved building permit through the city of Bakersfield, offering a valuable head start for future development. Located just 5 minutes from both Hwy 58 and Hwy 99, offering excellent access for transportation and distribution. A rare turnkey industrial lot in a highly accessible Bakersfield location. All offers will be reviewed.

310 Chico St, Bakersfield

Courtesy of Vanish L Sagar with UrbanCove, inc

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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