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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

$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

$305,000
3 Beds
Welcome to 1610 Cunha St., Bakersfield, CA 93305! This charming and cozy 3-bedroom, 2-bath home also features an additional bath located inside a backyard storage shed. Situated on an oversized lot with plenty of parking, this property offers a permitted stucco-covered patio with stamped concrete, perfect for entertaining family and friends. Major updates completed within the last few years include the roof, main electrical panel, exterior stucco, dual-pane windows, and interior/exterior paint. Inside, you'll find granite countertops in the kitchen, tile flooring throughout the living areas and hallways, vinyl flooring in the bedrooms, and central A/C and heating for year-round comfort. The spacious backyard provides a setting for gatherings, BBQs, and outdoor enjoyment. Move-in ready and full of potential, this is a great opportunity for first-time buyers or anyone looking for a well-maintained home. 📞 Schedule your private showing today before it's gone!

1610 Cunha St, Bakersfield

Courtesy of Tim M Rangel with Open Door Real Estate

$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

$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

$600,000
Exceptional investment opportunity in Bakersfield! 1300 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with ALL FOUR vacant and fully updated units ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The updated vacant units are move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1304 Flower Street, another fourplex featuring one vacant unit and three occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.

1300 Flower St Unit A-D, Bakersfield

Courtesy of Claudia I Molina with BLVD Estate Properties

$600,000
Exceptional investment opportunity in Bakersfield! 1304 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with TWO vacant and updated units ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The vacant unit is move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1300 Flower Street, another fourplex featuring two vacant updated units and two occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.

1304 Flower St Unit A-D, Bakersfield

Courtesy of Claudia I Molina with BLVD Estate Properties

$439,999
We are pleased to present a four-unit multifamily property with strong value-add potential, ideal for a first-time investor or owner-occupant. The property features spacious one-bedroom, one-bath units that support long-term rental demand. One unit has been tastefully updated with new flooring and fresh paint, while the remaining units offer upside through future interior improvements and rental growth. The property is being brought back to market with a 2-year roof certification, electrical maintenance repairs completed throughout the property, and plumbing repairs completed, providing added value and peace of mind. The on-site laundry area also offers an opportunity for additional income with new machines. Bonus Development Opportunity: Zoned R-3 with a base density of 6 units and potential for approximately 8-12 units under applicable California density bonus programs (Buyer to verify all development potential).

1210 Oregon St, Bakersfield

Courtesy of Esteban Contreras with Watson Realty

$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

Provided Courtesy Of Bakersfield Association of Realtors.
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