0.63 Acres Lot
0.63 Acres Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26020349
HOA Y/N No
Year Built 1940
Lot Size 0.630 Acres
Property Sub-Type Mixed Use
Property Description
property in Bakersfield presents a rare and beautiful
value-add investment opportunity. The property
features distinctive Spanish cottage architecture with
red-tile roofs, arched entryways, and lush landscaping
that exudes curb appeal and timeless character. Each
unit is thoughtfully designed with spacious layouts and
classic details that attract quality tenants. With strong
in-place cash flow, the investor can enjoy immediate
income from a stabilized rental base in a high-demand
submarket.
What sets this opportunity apart is the significant
upside potential through the conversion of eight
detached garages. The investor has the option to create
new revenue streams by converting the garages into
rentable accessory dwelling units (ADUs), tapping into
the growing demand for affordable housing in
Bakersfield. Alternatively, the garages can be leased as
storage units for additional monthly income. This
flexible value-add strategy offers both immediate and
long-term income growth, making it an ideal opportunity
for a savvy investor looking to capitalize on both yield
and appreciation in a growing Central Valley market.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Cooling Wall/Window Unit(s)
Flooring Vinyl, Wood
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Suburban
View Y/N No
View None
Roof Type Spanish Tile
Total Parking Spaces 8
Private Pool No
Building
Lot Description Corner Lot, Near Public Transit
Story 2
Entry Level Two
Sewer Public Sewer
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 01029011000
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
- 8
Franklin Elementary School
Public | KG - 6
- 8
Downtown Elementary School
Public | KG - 8
- 6
Planz Elementary
Public | KG - 5
- 5
Louise Sandrini Elementary School
Public | KG - 6
- 5
William Penn Elementary School
Public | KG - 5
- 5
Frank West Elementary School
Public | KG - 5
- 5
Plantation Elementary
Public | KG - 5
- 4
Amy B. Seibert Elementary School
Public | KG - 6
- 4
Evergreen Elementary School
Public | KG - 5
- 4
Valley Oaks Charter
Public | KG - 12
- 4
McKinley Elementary School
Public | KG - 5
- 4
Bessie E. Owens Primary School
Public | KG - 3
- 4
Bessie E. Owens Intermediate School
Public | 4 - 6
- 4
Jefferson Elementary School
Public | KG - 5
- 3
Wayne Van Horn Elementary School
Public | KG - 6
- 3
Caroline Harris Elementary School
Public | KG - 5
- 3
Munsey Elementary School
Public | KG - 5
- 2
Roosevelt Elementary School
Public | KG - 5
- 2
Longfellow Elementary School
Public | KG - 6
- 1
Stine Elementary School
Public | KG - 6
- 5
Greenfield Middle School
Public | 6 - 8
- 4
O. J. Actis Junior High School
Public | 7 - 8
- 4
Fred L. Thompson Junior High School
Public | 7 - 8
- 4
Curran Middle School
Public | 6 - 8
- 4
Sequoia Middle School
Public | 6 - 8
- 1
Emerson Middle School
Public | 6 - 8
- 1
Washington Middle School
Public | 6 - 8
- 5
Bakersfield High School
Public | 9 - 12
- 4
West High School
Public | 9 - 12
- 3
South High School
Public | 9 - 12
- 0
Kern Workforce 2000 Academy
Public | 9 - 12
- 0
Vista Continuation High School
Public | 9 - 12
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REALTOR® | License ID: 02090487