One car garageOn a cul-de-sac streetCarport parkingNewer carpet and flooring
Excellent investment opportunity in Southeast Bakersfield. Well-maintained 4-unit income property in a quiet neighborhood located near shopping, restaurants, Valley Plaza Mall, Amy B. Seibert Elementary School, and the post office. This property features a desirable unit mix of two 2-bedroom/1-bath units and two 2-bedroom/2-bath units, all with full bathrooms.
Current gross monthly income is approximately $4,735 with additional upside potential. One furnished unit has been successfully used for traveling nurses and seasonal workers, previously generating significantly higher monthly rental income. This flexible setup offers an opportunity for both long-term and short-term rental strategies. Two of the units are currently tenant-occupied through the Section 8 program, providing additional rental stability and consistent income.
Estimated operating expenses average approximately $986 per month. Buyer to verify all income and expenses.
Property includes on-site laundry, 6 rear parking spaces with 4 covered spaces, plus 2 one-car garages located at the front of the building.
Major plumbing repairs and re-plumbing work have already been completed within the upstairs bathroom walls. The property is well-maintained and structurally sound, with opportunity for cosmetic improvements and exterior paint updates to further enhance value.
Great opportunity for an investor looking for steady income with upside potential.
Disclosure - Seller is a real estate agent.
What the owner loves about this home
What we have loved most about this property is the flexibility and income potential it offers. The furnished unit has worked especially well for traveling nurses and seasonal workers, creating additional rental opportunities beyond traditional long-term tenants.
We also appreciate the large amount of parking, the on-site laundry, and the convenient location near shopping, restaurants, schools, and everyday services. The property has provided steady rental income and has been a solid investment property over the years.
72 days
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581
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33
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Listed by:
Property Owner(818) 693-2173
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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