Additional details

Listed by Ashish Kumar Gupta • Side, Inc
$480,000
Est. payment /mo
1,948 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $246
MLS Listing ID OC-26180866
Style Traditional
Year Built 2024
Lot Size 3,920 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Interior Features Granite Counters, High Ceilings, Two Story Ceilings
Heating Central
Flooring Carpet, Vinyl
Fireplaces Type None
Laundry Individual Room
Exterior
Garage Spaces 1.0
Pool None
Community Features Gutters, Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected
View Y/N Yes
View City Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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Nearby School & Business

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