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326 Stephens Drive, Bakersfield
$798,000
RS26239301 MLS ⋅ Active Status
Exceptional investment opportunity- Fully occupied Fourplex with expansion potential! Discover this incredible opportunity to own a well-maintained, income producing fourplex conveniently located near Highways 99 and 58! This property features four fully occupied units, each offering 2 bedrooms and 1 bathroom. Two units have been recently renovated, while all four feature tile flooring, newer A/C units and individual laundry hookups for added convenience. What truly sets this property apart is the additional vacant land with existing sewer and water line connection included in the sale, offering exciting possibilities for future development and added value! Investors can explore the potential for future residential development, subject to local zoning , permits, and city approval. Whether you're a seasoned investor or looking to enter the multifamily market, this property offers an attractive combination.

326 Stephens Drive, Bakersfield

820 East 19th Street, Bakersfield
$660,000
SB26229035 MLS ⋅ Active Status
This turnkey fourplex offers an exceptional investment opportunity in a prime location near downtown Bakersfield with excellent freeway access. Each unit features two bedrooms and one bathroom, having been recently renovated with central air conditioning, heating, and energy-efficient solar lighting to minimize utility costs. Meticulously maintained, the property is currently occupied by reliable, long-term tenants, providing an immediate opportunity for rent adjustments to align with current market rates. Note: This property shares a parking lot with two additional, separate investment properties that are available for purchase at additional cost. Please refer to the supplementary parcel numbers; these properties are listed individually in the MLS and may be purchased separately as noted on the MLS reference the cost or as a bundled package. All Sharing Parcel 822 East 19th - 2 unit 2bed| 1 bath - #017-140-17-00 816 East 19th -4 unit 2bed | 1 bath - #017-140-12-00

820 East 19th Street, Bakersfield

816 East 19th Street, Bakersfield
$660,000
SB26228730 MLS ⋅ Active Status
This turnkey fourplex offers an exceptional investment opportunity in a prime location near downtown Bakersfield with excellent freeway access. Each unit features two bedrooms and one bathroom, having been recently renovated with central air conditioning, heating, and energy-efficient solar lighting to minimize utility costs. Meticulously maintained, the property is currently occupied by reliable, long-term tenants, providing an immediate opportunity for rent adjustments to align with current market rates. Note: This property shares a parking lot with two additional, separate investment properties that are available for purchase at additional cost. Please refer to the supplementary parcel numbers; these properties are listed individually in the MLS and may be purchased separately as noted on the MLS reference the cost or as a bundled package. All Sharing Parcel 822 East 19th - 2 unit 2bed| 1 bath - #017-140-17-00 820 East 19th -4 unit 2bed | 1 bath - #017-140-11-00

816 East 19th Street, Bakersfield

1303 Bernard, Bakersfield
$575,000
SR26210106 MLS ⋅ Active Status
Income-Producing Four-Unit Investment Opportunity! 1303 Bernard Street offers a well-positioned multifamily property featuring four separate 2-bedroom, 1-bath units, providing a total of 8 bedrooms and 4 bathrooms. Three of the four units are currently occupied, with one unit vacant and available for a new tenant or owner's improvements.The units offer functional floor plans with spacious living areas, tile flooring throughout, ceiling fans, abundant natural light, and practical kitchens featuring ample cabinetry, tile backsplash and countertop space. Full bathrooms include tub/shower combinations and tile flooring.The property features a secured, fenced exterior and convenient access to each unit. A great opportunity to add a four-unit property to your investment portfolio in Bakersfield!

1303 Bernard, Bakersfield

308 Chester, Bakersfield
$475,000
SR26208911 MLS ⋅ Active Status
Excellent 4-unit investment opportunity on one parcel, featuring a front triplex plus a separate rear residence. The front building includes two studio units, Units 314 and 316, along with Unit 312, a 2-bedroom / 1-bath residence. Unit 312 was updated in 2026 with LVT flooring and remodeled kitchen cabinetry. One of the studio units also received new LVT flooring in 2026. The detached rear residence, Unit 308, is a 2-bedroom / 1-bath unit that was remodeled in 2022 and features granite countertops, LVT flooring, and a private balcony. Additional property features include two 2-car garages, laundry hookups located near the garages, and recently installed window A/C units throughout the property, all replaced within approximately the past two years. With a varied unit mix, separate rear residence, garage parking, recent interior improvements, and multiple income-producing units on one parcel, this property offers an attractive opportunity for a multifamily investor.

308 Chester, Bakersfield

8924 N Loop, California City
$450,000
8 Beds ⋅ 4 Baths ⋅ SR26194457 MLS ⋅ Active Status
Introducing a well maintained quadplex offering an excellent opportunity to expand your real estate portfolio. Built in 1992, this income producing property features four 2-bedroom, 1-bath units, each with its own separate utility meters, personal private patio's, 2-car garage, providing convenience for tenants and simplified management for owners. Each unit features a clean, functional kitchen with plenty of cabinetry and practical space. All homes has gas fireplace, dual double-pane windows, attached two car garage with direct access to each unit, and personal washer+dryer hook up's for each tenant. The property is set up as two side-by-side dwellings featuring a total of approximately 3,330 square feet of living space on a nearly 10,000-square-foot lot, making it an attractive option for both seasoned and first-time investors. You are within a short drive to Edward AFB and within minutes of Tierra del Sol Golf Club, Central Park, and short drive to Hwy 14. California City has massive growth potential from neighboring aerospace hubs and the dozens of new housing projects recently approved by the city! Whether you’re looking to generate steady rental income or add a solid multi-family asset, this is an opportunity worth exploring!

8924 N Loop, California City

2801 Morin Court, Bakersfield
$695,000
AR26187823 MLS ⋅ Active Under Contract Status
INVESTMENT OPPORTUNITY: Well-maintained 4-plex in Southwest Bakersfield's desirable Wible Orchard neighborhood. Built in 1985, this 2-story quadruplex sits on a quiet cul-de-sac with an 8,079 sq ft lot. Three units are currently occupied with established tenants. One fully furnished unit has been successfully used as a seasonal rental. You have the option to rent it out or make it an owner-occupied unit. This flexibility makes it attractive for short-term workers, corporate housing, or long-term tenants. Please note: Furniture is not included in the sale of the property, but it can be negotiated. All units are currently occupied. Location Advantages: Located in a growing neighborhood just south of downtown Bakersfield, with three shopping centers within 0.8 miles, diverse dining options on New Stine Road and California Avenue, nearby parks, and proximity to Cal State Bakersfield and Bakersfield College. Gross Scheduled Income (GSI) $58,920 Less: Projected Vacancy / Credit Loss (5%) ($2,946) Gross Operating Income (GOI) $55,974 Property Taxes $9,304 Water (estimated $200/month) $2,400 Utilities $1,107 Trash $173 Pest Control $600 Landscaping $830 Insurance $2,145 Internet / Wi-Fi $211 Estimated Routine Maintenance $3,000 Total Operating Expenses $19,770 PROJECTED NET OPERATING INCOME $36,204 Asking Price $695,000 PROJECTED CAPITALIZATION RATE 5.21%

2801 Morin Court, Bakersfield

237 Dr Martin Luther King Jr, Bakersfield
$585,000
SR26185517 MLS ⋅ Active Status
Excellent 4-unit investment opportunity with all units currently occupied and generating $58,044 in gross annual income. The property was remodeled in 2022 and features a desirable mix of two 2-bedroom units and two 3-bedroom units. Unit A is 2/1, unit B is 3/1, unit C is 2/1.5, and unit D is 3/1.5.Unit C could be sold vacant or re-rented at current market. Improvements include granite countertops, tile flooring, LVT stair flooring in Units C and D, interior laundry in each unit, private patios, and designated on-site parking. Newer A/C units were installed in 2021, and a concrete block perimeter wall with wrought-iron gates was added in 2022. An attractive opportunity for an investor seeking a fully occupied multifamily property with substantial recent improvements or an FHA buyer looking to live in one unit and rent out the other three units.

237 Dr Martin Luther King Jr, Bakersfield

1316 Flower Street, Bakersfield
$590,000
SR26168945 MLS ⋅ Active Status
Excellent investment opportunity! This is what both new & experienced investors are looking for to make their money work for them. Beautiful 4 unit apartment building hot on the market. Each unit is a stunning 2 bedroom, 1 bathroom apartment with new wood flooring, tile flooring, ceiling fans, granite counter-tops, electric stove, dishwasher, new A/C units, new water heaters including washer/dryer hook-ups. Great floorplan layout, lots of open parking spaces in a gated lot, peaceful & quiet location and conveniently located to shopping, restaurants, public transportation and downtown Bakersfield. Three units are occupied and one new tenant on the way. All three are collecting their current rental incomes. Do not let this opportunity pass you by, this is investment gold! Get your offers in today!

1316 Flower Street, Bakersfield

128 W Haloid, Ridgecrest
$310,000
CV26137691 MLS ⋅ Active Status
THIS FOUR ON A LOT PROPERTY IS ON AUTO-PILOT, MGMNT CO HANDLES EVERYTHING. Exceptional multi-unit investment opportunity in the heart of Ridgecrest! This Four on a lot offers four individual homes on a 13,504 sq ft lot, totaling 2,568 sq ft of living space. Each home provides comfortable layouts with strong rental demand and low turnover in a stable desert community. Front homes are 2/1, rear homes 1/1 . Built in 1959, the property has stood the test of time and continues to perform with consistent occupancy and a 6.8% annual ROI. Tenants enjoy ample off-street parking, and convenient proximity to shopping, dining, and the Naval Air Weapons Station China Lake. Perfect for investors seeking reliable income with minimal management headaches. A local property management company oversees day-to-day operations, making this a turnkey asset with dependable cash flow and future upside potential. With a mix of strong market rents and steady demand from the Ridgecrest workforce, this property is ideal for anyone looking to grow or diversify their portfolio in a high-yield, low-maintenance market.

128 W Haloid, Ridgecrest

1308 Flower, Bakersfield
$599,000
SR26130073 MLS ⋅ Active Status
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, Bakersfield

1304 Flower, Bakersfield
$600,000
SR26095654 MLS ⋅ Active Status
Exceptional investment opportunity in Bakersfield! 1304 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with ONE vacant and updated unit ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The vacant unit is move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1300 Flower Street, another fourplex featuring two vacant updated units and two occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.

1304 Flower, Bakersfield

1300 Flower, Bakersfield
$600,000
SR26095280 MLS ⋅ Active Status
Exceptional investment opportunity in Bakersfield! 1300 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with TWO vacant and fully updated units ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The updated vacant units are move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1304 Flower Street, another fourplex featuring one vacant unit and three occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.

1300 Flower, Bakersfield

8616 N Loop Boulevard, California City
$574,999
DW25181414 MLS ⋅ Active Status
Phenomenal Turnkey Investment Opportunity in the Heart of the City! Attention investors and portfolio builders: This fully occupied, high-performing 4-unit residential income property offers immediate cash flow from day one. Situated in a prime, high-demand location right in the center of town, this asset combines rock-solid rental history with effortless management. The Property Profile The property features a highly rentable unit mix designed to appeal to a wide range of long-term tenants: Two (2) Spacious 2-Bedroom, 1-Bathroom Units Two (2) Efficient 1-Bedroom, 1-Bathroom Units 4 Dedicated Carport Parking Spaces (one for each unit) Premium Investment Appeal & Strong Financials 100% Fully Occupied: Skip the headache of lease-ups and immediate vacancy costs. Every single unit is occupied by reliable tenants paying great market rents (see attached rent schedule for full breakdown). Ultimate Tenant-Paid Utilities: Maximize your net operating income (NOI)! Tenants are fully responsible for paying their own power, trash, and water, keeping landlord overhead remarkably low. Unbeatable Central Location: Positioned in a high-walkability pocket close to absolutely everything. Tenants enjoy seamless proximity to public transit, diverse dining options, stores, and local attractions. This central convenience guarantees historically low vacancy rates and consistent long-term demand. Whether you are looking to execute a 1031 exchange or expand your local real estate portfolio, this property is a proven money-maker that checks every single box for passive wealth building. Showing Instructions: Property is fully occupied. Do not disturb tenants. Strict appointment required for all showings. Contact listing agent to schedule.

8616 N Loop Boulevard, California City

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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