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$975,000
Fully renovated, fully occupied and generating premium rents, this fourplex offers a rare turnkey investment opportunity in Bakersfield. Currently producing $7,395 per month and $88,740 in annual gross rental income, the property has strong, proven income already in place. Nearly every aspect of the property has been improved, including kitchens, bathrooms, flooring, paint, fixtures, lighting and more. Each unit features indoor laundry, private outdoor space and its own garage, highly desirable amenities that help support the premium rents and set this property apart from typical multifamily inventory. All four units are occupied with established tenants, allowing a new owner to step into immediate income without the need for renovations or lease up. With four renovated units, four private garages and premium rents already in place, this is a standout addition to any investment portfolio.

1001 Mira Loma Dr, Bakersfield

Courtesy of Alexis Gombos with Broker X

$749,000
2421 Westholme Blvd presents an attractive opportunity to acquire a well-maintained fourplex in desirable Southwest Bakersfield. Built in 1977 and totaling approximately 4,505 square feet, the property features a desirable unit mix of one 3-bedroom/2-bath unit and three 2-bedroom/1-bath units, each with laundry hookups and its own garageamenities that appeal strongly to long-term tenants. Professionally managed by a third-party management company, the property has been consistently maintained and provides income with gross scheduled income of $63,900. With rents that appear to have additional upside potential over the next one to three years, investors have the opportunity to further enhance returns. Conveniently located near schools, shopping, and everyday services, this $749,000 offering combines solid current income with future growth potential in a well-established Southwest Bakersfield neighborhood.

2421 Westholme Blvd, Bakersfield

Courtesy of Marc A Thurston with ASU Commercial

$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

$639,000
Excellent investment opportunity in the highly desirable Alta Vista neighborhood of Upper Northeast Bakersfield! This beautifully maintained fourplex shows true pride of ownership with strong curb appeal, long-term tenants, and clear upside potential with room to increase future rental income. The property features (3) 2-bedroom, 1-bathroom units and (1) spacious 3-bedroom, 1.75-bathroom unit. Tenants have expressed appreciation for the owner's attention to detail, making this a solid income-producing asset from day one. The property also offers several parking options, including garage space, carports, a paved parking area, and plenty of street parking. Ideally located near Garces Memorial High School, Bakersfield College, Panorama Park overlooking the Kern River, shopping, major medical facilities, and easy access to Hwy 178. Properties in Alta Vista remain in high demand, making this a valuable addition to any investment portfolio. Don't miss this rare offering!

2801 Alta Vista Dr, Bakersfield

Courtesy of Jason Rodriguez with LPT Realty. Inc.

$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

$639,000
Cash-flowing FourplexUpdated units with attached garages, private patios, in-unit laundry, and value-add upside. If you are considering a 1031 exchange, expanding your portfolio, or purchasing your first multifamily investment, this property offers the unit mix and amenities today's tenants want while providing long-term appreciation potential in one of Bakersfield's established rental markets. This property is located near shopping centers, dining, and transportation. Unit 1 - 2 bedroom, 2 full bathrooms, single story, 1 car attached garage Unit 2 - 2 bedroom, 1.5 bathrooms, two story, 1 car attached garage Unit 3 - 2 bedroom, 1.5 bathrooms, two story, 1 car attached garage Unit 4 - 1 bedroom, 1 bathroom, single story, 2 car attached garage

132 Warren Ave, Bakersfield

Courtesy of Jenn Settelmeyer with BHGRE Platinum Realty Group

$635,995
Excellent investment opportunity in East Bakersfield! This fully remodeled fourplex offers a desirable unit mix consisting of one spacious 3-bedroom, 2-bath front unit, one 2-bedroom, 1-bath unit, and two 2-bedroom, 1.5-bath units. Each unit features updated tile flooring, granite countertops, undermount sinks, tiled showers, newer carpet, stylish two-tone paint, and modern finishes throughout. The property is gated for added privacy and security, with a gated front yard for the front unit and covered parking located behind the property. Conveniently situated near schools, shopping, dining, public transportation, and just minutes from downtown Bakersfield with easy freeway access, this turnkey income-producing property is an outstanding addition to any investment portfolio

712 Knotts St Unit ABCD, Bakersfield

Courtesy of Mike Coronado with eHomes of Bakersfield

$582,000
Investment Opportunity is knocking! Welcome to this well maintained quadruplex located at 605 Lincoln Ave in Bakersfield. This versatile property has been thoughtfully updated with numerous upgrades, offering both comfort and income potential. The front house features a spacious 2 bedroom, 1 bath layout, complete with its own private 2 car garage perfect for an owner occupant seeking privacy and convenience. Behind the main home, you'll find three additional 1 bedroom, 1 bath units. Each unit includes a comfortable living room, functional kitchen, and a cozy dining area, making them highly desirable for tenants. Units A and B are located upstairs and enjoy access to covered parking, while Unit C is situated downstairs with convenient alley access. Whether you're looking to live in the front and generate rental income from the back units, or expand your investment portfolio, this property offers excellent flexibility and strong income potential.

605 Lincoln, Bakersfield

Courtesy of Tony Camacho with Evergreen Realty & Associates, Inc

$895,000
Exceptional investment opportunity in a prime Bakersfield location! This well-appointed 4-plex features a 3BD/2BA, two 2BD/2BA units, and a 1BD/1BA offering diverse rental income streams. Two units have been completely remodeled, providing immediate value and strong rental appeal. Every unit includes a covered carport and private outdoor storage. Shared laundry room features top-of-the-line coin-operated machines for added convenience and additional income. Located on highly trafficked Stockdale Highway with easy access to shopping, dining, and major corridors. Consider purchasing alongside neighboring 6212 Stockdale the two properties share a driveway, giving a savvy investor full control of both assets and maximizing long-term upside.

6206 Stockdale Hwy, Bakersfield

Courtesy of Adam G Belter with Coldwell Banker Preferred, REALTORS®

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