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2126 O St, Bakersfield

A fourplex plus triplex. The property generates a gross income of $98,400 annually right now, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: $9,95,000 Contact us today to learn more!Corner Complex, located at 2124 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include 4 new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room.

A fourplex plus triplex. The property generates a gross income of $98,400 annually right now, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: $9,95,000 Contact us today to learn more!Corner Complex, located at 2124 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include 4 new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room.

2126 O St, Bakersfield

Courtesy of Aman Sahami with TNT Real Estate

319 Holtby Rd, Bakersfield

Oleander charm meets a distinctive seven-unit investment opportunity at 319 Holtby Road. Set on approximately 0.60 acres, the property features a two-bedroom, one-bath residence, two one-bedroom, one-bath cottages, and two duplexes containing four additional one-bedroom, one-bath units. The property totals approximately 4,866 square feet of living space and includes four garages plus additional carport parking. Open areas between buildings complement the house-and-cottage layout, creating an inviting residential setting. Convenient access to downtown Bakersfield, shopping, and dining rounds out this centrally located investment.

Oleander charm meets a distinctive seven-unit investment opportunity at 319 Holtby Road. Set on approximately 0.60 acres, the property features a two-bedroom, one-bath residence, two one-bedroom, one-bath cottages, and two duplexes containing four additional one-bedroom, one-bath units. The property totals approximately 4,866 square feet of living space and includes four garages plus additional carport parking. Open areas between buildings complement the house-and-cottage layout, creating an inviting residential setting. Convenient access to downtown Bakersfield, shopping, and dining rounds out this centrally located investment.

319 Holtby Rd, Bakersfield

Courtesy of Caleb A Fisk with ASU Commercial

2212 Lake St Unit A-D, Bakersfield

Investment opportunity in Bakersfield! Offered together for $849,000, 2208 and 2212 Lake Street comprise two fourplex buildings with a total of eight residential units situated on two separate parcels. The properties offer approximately 4,256 square feet of combined building area and 13,750 square feet of combined lot area. This multifamily package presents an opportunity to acquire eight rental units in a single transaction. Both properties are offered exclusively as a package and are not available for individual purchase. Drive-by viewing only. Please do not disturb occupants. Buyer to independently verify all property information.

Investment opportunity in Bakersfield! Offered together for $849,000, 2208 and 2212 Lake Street comprise two fourplex buildings with a total of eight residential units situated on two separate parcels. The properties offer approximately 4,256 square feet of combined building area and 13,750 square feet of combined lot area. This multifamily package presents an opportunity to acquire eight rental units in a single transaction. Both properties are offered exclusively as a package and are not available for individual purchase. Drive-by viewing only. Please do not disturb occupants. Buyer to independently verify all property information.

2212 Lake St Unit A-D, Bakersfield

Courtesy of Jeannette Martinez with Portfolio Properties

2207 River Blvd, Bakersfield

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.

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

530 Union Ave, Bakersfield

520-530 Union Avenue is a two-parcel, mixed-use asset comprising a two-story residential and commercial building (530 Union) with a total square footage of 12,565. The property sits close to the signalized intersection of Union Avenue and East 6th Street one of central Bakersfield's highest-trafficked commercial corridors, with approximately 31,000 vehicles passing daily. The main building houses seven residential units above and adjacent to three ground-floor commercial spaces. Built in 1946 and renovated in 2018, the property offers a new owner flexibility in commercial leasing the commercial spaces are vacant and available for lease. Adjacent vacant lot (510 Union Ave) to be bought concurrently with this property offered separately at $99,000, suitable for surface parking or future development.

520-530 Union Avenue is a two-parcel, mixed-use asset comprising a two-story residential and commercial building (530 Union) with a total square footage of 12,565. The property sits close to the signalized intersection of Union Avenue and East 6th Street one of central Bakersfield's highest-trafficked commercial corridors, with approximately 31,000 vehicles passing daily. The main building houses seven residential units above and adjacent to three ground-floor commercial spaces. Built in 1946 and renovated in 2018, the property offers a new owner flexibility in commercial leasing the commercial spaces are vacant and available for lease. Adjacent vacant lot (510 Union Ave) to be bought concurrently with this property offered separately at $99,000, suitable for surface parking or future development.

530 Union Ave, Bakersfield

Courtesy of Phil M Jordan with Keller Williams Realty

1018 Miller St, Bakersfield

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.

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

1800 Forrest St, Bakersfield

Turnkey 8-Unit Spanish-Style Multifamily | Fully Renovated | $1.2M | Strong In-Place IncomeThis is one of the cleaner small multifamily deals we've seen recently.Fully renovated 8-unit Spanish-style property priced at $1.2M, generating $9,000/month ($108K annually) with rents already at or very close to market. This property combines character, functionality, and a clean operational profile, while also having a desirable central location.The seller just completed a full rehab, so an investor is stepping into a true turnkey situation without taking on construction risk, lease-up risk, or rent speculation. That alone is where most of the value is here.Ideal for investors seeking a low maintenance asset! Call for more details today!Unit mix is ideal for the current marketprimarily 1-bedrooms at $1,100 with washer/dryer hookups, plus two 2-bedrooms at $1,200. It's a bread-and-butter renter profile that stays consistently occupied.All units feature washer/dryer hookups.

Turnkey 8-Unit Spanish-Style Multifamily | Fully Renovated | $1.2M | Strong In-Place IncomeThis is one of the cleaner small multifamily deals we've seen recently.Fully renovated 8-unit Spanish-style property priced at $1.2M, generating $9,000/month ($108K annually) with rents already at or very close to market. This property combines character, functionality, and a clean operational profile, while also having a desirable central location.The seller just completed a full rehab, so an investor is stepping into a true turnkey situation without taking on construction risk, lease-up risk, or rent speculation. That alone is where most of the value is here.Ideal for investors seeking a low maintenance asset! Call for more details today!Unit mix is ideal for the current marketprimarily 1-bedrooms at $1,100 with washer/dryer hookups, plus two 2-bedrooms at $1,200. It's a bread-and-butter renter profile that stays consistently occupied.All units feature washer/dryer hookups.

1800 Forrest St, Bakersfield

Courtesy of Troy T Lei with Miramar Realty

1134 Lomita Dr, Bakersfield

Income producing property for sale in Bakersfield. Property consists of a 3 bedroom, 2 bathroom home, a triplex, a one bedroom stand alone apartment and a studio apartment. The triplex units are each 2 bedroom, 1 bathroom units. Over one acre of property with a lot of yard still available. Total rents are below market value at $4500 per month with plenty of room to increase in the future.

Income producing property for sale in Bakersfield. Property consists of a 3 bedroom, 2 bathroom home, a triplex, a one bedroom stand alone apartment and a studio apartment. The triplex units are each 2 bedroom, 1 bathroom units. Over one acre of property with a lot of yard still available. Total rents are below market value at $4500 per month with plenty of room to increase in the future.

1134 Lomita Dr, Bakersfield

Courtesy of Mark R Clemmer with Clemmer and Company Real Estate Services

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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