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$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

$525,000
4 Beds
Welcome to this charming home offering timeless character, spacious living areas, and two primary suites. New windows throughout, including a stunning oversized sliding glass door, fill the home with natural light. Features include beautiful hardwood floors, two fireplaces, built-in shelving, and a spacious laundry room with abundant storage. Recent upgrades include new 220V electrical panels, new split AC units and ducting, new carpet in the second living area, updated tile in one primary bath, new ceiling fans, and an electric range. Outside, enjoy a large covered patio, spacious step-down backyard, mature landscaping, and an oversized driveway with ample parking. Additional features include carport storage, an attached shed, and a detached backyard structure offering flexibility for a workshop, studio, office, or storage. A wonderful blend of space, character, and possibilities in a desirable Bakersfield location.

1135 Princeton Ave, Bakersfield

Courtesy of Monica Cendejas-Setser with Homestead Real Estate

$515,000
6 Beds
Discover the perfect blend of modern design, flexibility, and investment potential with this exceptional new construction featuring two separate residences on one spacious lot.The primary home offers approximately 1,400 square feet of thoughtfully designed living space with 3 bedrooms and 2.5 bathrooms. The open floor plan creates a bright, inviting atmosphere, while the private primary suite, stylish finishes, and dedicated indoor laundry add everyday comfort and convenience.The detached accessory dwelling unit (ADU) spans approximately 1,040 square feet and includes 3 bedrooms, 2 full bathrooms, its own luxurious primary suite, and a separate indoor laundry area. Equipped with fully owned solar panels, the ADU provides outstanding energy efficiency and lower utility costs.Whether you're looking to generate rental income, accommodate extended family, or maximize your investment, this rare dual-home property delivers exceptional versatility.

429 Monterey St Unit A,B, Bakersfield

Courtesy of April Arambula with Broker X

$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

$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

$399,000
Here's your opportunity to own a versatile income producing property featuring two homes PLUS a studio on one lot. The front home offers 3 bedrooms, 2 bathrooms, hardwood floors, carpet, a spacious kitchen, breakfast area, and a carport. Recent improvements include a tankless water heater, fresh interior paint, a newer swamp cooler, a mini split system, and updated sewer plumbing lines. The second home features 2 bedrooms and 1 bathroom, providing excellent rental potential. In addition, the converted garage has been transformed into a studio, creating a third income producing unit ready for its next tenant. All appliances are included, along with a new refrigerator. The fully fenced property features block walls and iron gates for added privacy and security, and each residence has its own private fenced yard. Whether you are looking to expand your investment portfolio or live in one home while generating rental income from the others, this property offers an excellent opportunity!

924 Knotts St, Bakersfield

Courtesy of Chadd Neill with Wayside, Realtors®- Miramar Realty

$388,000
4 Beds
Remodeled. Move in Condition. Excellent open floor plan of Common use areas for A Living room, A Family room with a fire place, A Dining , A Kitchen with a beautiful solid wood center countertop, A 8 ft x 33 ft Leisure room next to the Family, A Utility Laundry room, New HVAC unit , A Good size Master bedroom plus 3 more decent size bedrooms. Two side Driveway Entries ; a two small vehicles car Porch , another rear Big driveway to fit a Huge RV, plus a detached Garage. A well landscaped Front yard. A very good size Nice Backyard. This property is eligible for The Community Advantage Program which opens up home affordable to more potential homebuyers by offering discounted rates, no mortgage insurance, and a minimum down payment of 3%! Don't have to be a first-time homebuyer to take advantage of this program Buyer's agent to perform due diligent.

1618 Baker St, Bakersfield

Courtesy of Dave Tang with EWT Realty

$385,000
Commercial property available at 1893 Flower St in Bakersfield, offering flexibility for an owner-user or investor. The property presents potential for a variety of uses, subject to zoning, and may be suitable for a business owner looking to occupy while building long-term equity. Property consists of two separate buildings: 1893 Flower St and 1893 1/2 Flower St. The main building is a two-story structure previously used as a real estate office and mini market. The downstairs features a rounded layout with a kitchenette, single bathroom, and dual entry access. The upstairs includes a large open area with ceiling fan, full bathroom, additional half bathroom, and office space.The second building, 1893 1/2 Flower St, is a single-level structure previously operated as a barbershop and includes two half bathrooms.Parking for the two-story building is located at the rear of the property, while the single-levelbuilding offers front parking access.

1893 Flower St, Bakersfield

Courtesy of Ernesto Osuna Hernandez with D Best Realty, Inc.

$369,000
3 Beds
Nestled in the highly desirable La Cresta Heights neighborhood, this classic residence blends historic charm with exceptional potential. Set on a large lot, the property includes a detached garage ideally suited for a future ADU, guest house, workshop, or income-producing opportunity (buyer to verify all development possibilities). The backyard is a true retreat with a nice pool, ample space for entertaining and a garden lovers surprise! The location is second to none and just a short walk to Our Lady of Perpetual Help, OLPH School, and Garces Memorial High School. Whether you're looking for a family home, investment potential, or both, this property offers a unique opportunity in one of Bakersfield's most sought-after neighborhoods.

2704 Alturas Dr, Bakersfield

Courtesy of Gaby Martinez with Broker X

$349,000
3 Beds
Located in a desirable and well-kept pocket of East Bakersfield, this beautifully refreshed home offers 1,312 sq. ft. of living space on a generous 7,541 sq. ft. lot. The interior features vinyl laminate flooring, fresh interior paint, recessed lighting, new baseboards, contemporary fixtures, upgraded double pane windows and central air conditioning system. The updated kitchen showcases gray shaker cabinetry, gold-tone hardware, Calacatta quartz-style countertops, decorative backsplash and stainless-steel appliances. The remodeled bathroom features a modern vanity, stone-look tub surround tile with built-in niche, gold-tone accents and an illuminated mirror. Additional improvements include fresh exterior paint and partial electrical wiring upgrades. Spacious living areas provide plenty of room to relax and entertain, while the large covered patio offers excellent space for outdoor dining and gatherings. Clean, modern and move-in ready. Schedule your showing today!

109 La Mesa Dr, Bakersfield

Courtesy of Julio C Mendoza with Pinnacle Estate Properties, Inc

$330,000
3 Beds
Charming 1929 Alta Vista home full of character, original details and wonderful potential. Nestled beneath mature shade trees, this stucco home features graceful arched windows with decorative leaded glass, arched entry and inviting front porch. Spacious living room with barrel-vaulted ceiling, floor-to-ceiling fireplace and large windows. Sunroom with leaded glass opens to the living area and arched doorway to dining room. Versatile mudroom with built-in storage, side-yard access and bath with laundry. Updated kitchen with black granite counters, farmhouse sink, gas range and breakfast nook. Three bedrooms, two with walk-in closets; third has separate entrance and French doors to second bedroom. Full bath with separate tub and shower. Basement, mature backyard, converted 2-car garage, carport, shed and alley access. Newer A/C, roof and water heater. A truly special Alta Vista home ready for its next chapter and waiting for you!

1525 Alta Vista Dr, Bakersfield

Courtesy of Sonia Derryberry with Miramar Realty

$314,400
Two separate buildings(APPRX 3,000 sq FT) on one oversized M-1 lot in Old Town Kern a true live-work-invest setup.(1302 1/2 TRUXTON) Approximately 845 sq ft up front with frontage right on Truxtun (real storefront exposure), plus a second building running 2,200+ sq ft behind it. Then there's the bomb shelter built solid and tailor-made for wine storage or a private tasting room.M-1 zoning opens the door to a long list of uses: owner/user electrical contractor or other sub-trades, BBQ joint or restaurant, wine tasting, cabinet shop, engineering office, law firm. Run your business out of one building and live in the other.Yes, it needs a little TLC. However, the unique architecture and good bones make this one a winner. Proforma numbers pencil at $36,000 gross annual income against roughly $3,000 in expenses about $33,000 net, a 9 cap on paper.. Easy to show lockbox on site, book through ShowingTime. Bring your vision and your contractor.

1302 E 19th, Bakersfield

Courtesy of Debra K McTaggart with Epique Realty

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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