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$490,000
5 Beds
Live in one, rent the other a rare owner-occupant opportunity in East Bakersfield. Two detached buildings, no shared walls. The back unit delivers vacant at close of escrow: 744 sq. ft., 2 bedrooms, 1 bath, with paid-off solar, move in immediately. The front home is a 1,204 sq. ft. two-story with a bright, open main level and half bath, plus three spacious bedrooms and two full baths upstairs, one attached to the primary. Attached 1-car garage and paid-off solar. It's leased at $1,500/month through March 2027, helping carry the mortgage from day one. Each unit has its own PG&E meter. Assumable FHA financing at 5.125%, available to a qualified owner-occupant buyer with today's rates near 7%, that's savings you simply can't buy back.

1417 Oregon St Unit A, Bakersfield

Courtesy of Ash K Gupta with The Gupta Group- Emerge Real Estate
$480,000
Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.

1417 Oregon St, Bakersfield

Courtesy of Ash K Gupta with The Gupta Group- Emerge Real Estate
$265,000
Two adjoining commercial lots totaling 14,808 square feet, offered at $265,000. This highly visible property features excellent frontage along high-traffic corridor, providing outstanding exposure for a variety of development or business opportunities. Convenient alley access adds flexibility, and the property is connected to public water, public sewer and electric utilities. An excellent investment or development opportunity in a prime,high-visibility location.APN #01527004009APN # 01527005002

1513 E Niles St, Bakersfield

Courtesy of Jason D Moss with Moss Real Estate
$1,060,000
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
$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
$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

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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