1018 Miller, Bakersfield, CA 93305
1018 Miller, Bakersfield, CA 93305
1018 Miller, Bakersfield, CA 93305
Additional details
Listed by Eric VanDenk • Central Valley Property Adviso
$1,060,000
Est. payment /mo
3,808 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,808 sqft

Price per Sqft $278

MLS Listing ID OC-26186246

Year Built 1950

Lot Size 10,051 Sqft

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

Location

State CA

County Kern

Area Bksf - Bakersfield

Interior

Laundry None

Exterior

Pool None

Community Features Sidewalks

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer


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Paul Ward
Paul Ward

Broker Associate License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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