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$1,920,000
1010 Beale Avenue presents an attractive value-add multifamily investment opportunity in Bakersfield, California, consisting of sixteen (16) spacious 2-bedroom, 1-bathroom units situated on approximately 0.46 acres. The property benefits from a highly desirable workforce housing unit mix that continues to experience strong rental demand throughout the Bakersfield market. With current gross annual income exceeding $195,000, the asset provides investors with immediate cash flow while maintaining potential for future rent growth and operational efficiencies. The gated community features onsite laundry facilities, ample parking, and a proven rental history, making it well-positioned to attract and retain long-term tenants. Located near Downtown Bakersfield, major employment centers, schools, and transportation corridors, 1010 Beale Avenue offers investors the opportunity to acquire a stabilized multifamily asset with strong in-place income, durable tenant demand, and long-term appreciation

1010 Beale Ave, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors
$1,500,000
***Business Operation not included. Real estate ONLY ***Prime corner lot opportunity featuring building and expansive parking lot, offering excellent visibility and accessibility.The corner location enhances exposure from multiple directions, increasing its long-term value and benefit from consistent foot and vehicle traffic

2636 River Blvd, Bakersfield

Courtesy of Eric Mora with The Mora Partners Inc.
$1,500,000
Great opportunity to own rare sale of Old Kern commercial building. Property has 9 private offices, one conference room and one meeting room. Property also has a kitchen that has not been in use for several years that can be converted to make other offices including bull pen at entrance or divide easily to make two different businesses. Property is ADA compliant. Currently rented at 5,000.00 with an increase to 6,000 effective 06-01-26. Property also has 6 air conditioners that were replaced no more than 2 years ago. Tenant is month to month. Rental rate is way below market rate.

1124 Baker St, Bakersfield

Courtesy of Daniel Mena with Golden Valley Real Estate Group
$1,200,000
Prime 2.06 acre corner commercial lot zoned M-2, currently operating as a truck yard with endless potential. Ideal for industrial use, trucking operations, truck-driving schools, logistics, or other commercial uses. The property is fully asphalted and secured with a full concrete block wall, topped with barbed wire for added privacy and protection, plus a wrought-iron front gate. Utilities are in place with existing water and electricity connections. Additional features include a mobile office, a mobile maintenance shop, and three on-site light poles. Property also has an approved building permit through the city of Bakersfield, offering a valuable head start for future development. Located just 5 minutes from both Hwy 58 and Hwy 99, offering excellent access for transportation and distribution. A rare turnkey industrial lot in a highly accessible Bakersfield location. All offers will be reviewed.

310 Chico St, Bakersfield

Courtesy of Vanish L Sagar with UrbanCove, inc
$1,100,000
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.

1018 Miller St, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors
$1,050,000
Come tour this spacious and large industrial building that is located on a unique island style lot in Old Town Kern. This lot is sizable with 20,908 square feet, per the Kern County Assessor. The entire lot is security fenced, complete with three points of entry & exit. This large building features a 20 foot hight in clear ceiling with no support posts. Additionally this shop area has two (2) roll up shop style doors. A total of two (2) entry way for vehicles exist. Additionally two (2) man style doors to the shop and two (2) man style doors to the office space. The office space features three (3) offices, one conference room and three (3) bathrooms. The office space is served with both air conditioning and heating. A wonderful bonus area exists as an overhead loft. This loft gives you extra storage. A final benefit of this building is the close proximity to Highway 58 & 99.

985 E Truxtun Ave, Bakersfield

Courtesy of Mike Saba with Watson Realty
$995,000
This property is a rare opportunity to acquire a fully entitled corner for a fuel station development, featuring C-2 zoning and just under 1-acre of land. The property includes an entitled plan for a 4,000 square foot Convenience Store and 8 MPDs with an approved curb cut on Columbus St. Existing sidewalks are present and all utilities are stubbed to the site. This hard corner intersection carries a traffic count of 38,796 that is primarily fed by its close proximity to Hwy178 and the diverse retail synergy near the new proposed City Lights Development.

812 Columbus St, Bakersfield

Courtesy of Felix C Diaz with Executive, REALTORS®
$989,999
Beautiful and newly re-built (2024) 4-Plex in East Bakersfield, Units are the same 1300 sq ft+ floor plan with large living room, spacious kitchens with fridge, microwave, dishwasher and disposal. Upstairs you'll find 4 bedrooms and 2 baths. Parking area, gated front yard, conveniently located to freeway access and the many pleasures of Old Kern!

931 Monterey St, Bakersfield

Courtesy of Royce Jennings with Watson Realty
$985,000
Looking for prime commercial space? Take a look a this 7,500 +/- square foot multi-use office/warehouse building located on a 15,681sf parcel zoned M1. Building includes; (2) mezanines with (3) kitchens/breakroom areas. The large warehouse has (2) overhead pass through doors. The building also has an apartment that can be rented out. This property is located just minutes from downtown and will accommodate virtually any commercial use to include retail, office, commercial service or light manufacturing. Property includes ample parking. Building will accommodate multiple tenants. Go wild with your imagination on this one. Call your agent today and let's make it happen!

215 E 18th St, Bakersfield

Courtesy of Pablo R Vargas with eXp Realty
$850,000
Exceptional Investment Opportunity! This unique property offers 4 brand new units on one lot; 2 duplexes each featuring 1,000 sq ft of modern living space. All units are thoughtfully designed with an open-concept layout, offering 3 spacious bedrooms, 2 full bathrooms, and in-unit washer/dryer hookups. Built with contemporary finishes and attention to detail, these units provide the perfect blend of comfort and style. Ideal for investors or multi-generational living, with projected rental income of $1,800-$1,950 per unit, this is a rare chance to own high-yield new

1810 Williams St, Bakersfield

Courtesy of Ian A Mellon with Keller Williams Realty
$800,000
Four plex plus two additional units available now.The Four plex are all two bedroom 1.5 bath and have had some recent renovations. Front unit has three offices private bath, conference room and has been recently renovated as well. Second unit has a kitchen , dining area , bathrooms and rec area. Perfect set up for an assisted living or group home.

1620 Oregon St, Bakersfield

Courtesy of John C Fugate with Watson Realty
$749,999
Your opportunity to own prime piece of C-2 real estate located on high traffic corner. This long standing, highly successful Mexican restaurant; is located on the corner of Union Avenue (Averages between 23,000 and 32,000 cars per day) and 18th street (Averages between 2,000 and 3,000 cars per day). This parcel is just under 1/2 acre and is home to the 3,681 square foot restaurant. Price to include land, building, all fixtures, liquor license, kitchen equipment, security gates, inventory etc. Seller would consider selling just land and building. Restaurant is currently still operating and seller requests that prospective buyers do not disturb day to day business operations.

1736 Union Ave, Bakersfield

Courtesy of Adam G Belter with Coldwell Banker Preferred, REALTORS®
$749,000
Income-producing 4-plex comprised entirely of spacious 3 bedroom, 2 bath units situated on a 12,196 sq ft lot. Rare all 3+2 configuration not commonly found in competing inventory, supporting consistent tenant demand and long-term rental stability. Each unit offers functional layouts with central HVAC and in-unit laundry hookups. Tenants are separately metered for gas and electricity, minimizing owner operating expenses. Property provides ample on-site parking with a minimum of two spaces per unit. Current gross scheduled income is $72,576 annually, with additional upside potential as all tenants are on month-to-month agreements. Built in 2009, the property offers a newer construction profile relative to surrounding multifamily inventory. Subject to interior inspection.

1821 Pacific St, Bakersfield

Courtesy of Johnny R Garza with The Garza Group- Exp Realty
$675,000
6-unit investment property located at 1401 Baker St in desirable central Bakersfield. The property features a well-balanced unit mix consisting of four 2-bedroom, 1.5-bath units and two 2-bedroom, 1-bath units, offering strong rental appeal and consistent income potential. Conveniently situated near shopping, dining, schools, and major transportation routes, this property provides easy access to downtown Bakersfield and surrounding amenities.

1401 Baker St, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors
$669,000
3 Beds
Welcome to this stunning 1948 Alta Vista classic. This elegant Spanish‑style home blends timeless character with modern comfort, featuring 3 bedrooms, 2 baths, and a sunroom with exposed beams that opens to a versatile bonus room. An additional bonus space offers flexibility for work, guests, and hobbies. The backyard is a true highlight...a private retreat with a sparkling pool, covered veranda, and outdoor kitchen perfect for entertaining and relaxing. A spacious 2 car garage and alley access round out it's amenities. This home is located near Garces Memorial High School, OLPH, and the Panorama Bluffs! This home has been thoughtfully updated while preserving its original charm, and blends timeless architecture with quality upgrades. Come and experience this rare find for yourself!

Bakersfield

Courtesy of Andrea L Briscoe with Miramar International Calloway
$665,000
Exceptional Investment Opportunity! This unique property offers three brand new units on one lot; single-family residence and a duplex, each featuring 1,000 sq ft of modern living space. All units are thoughtfully designed with an open-concept layout, offering 3 spacious bedrooms, 2 full bathrooms, and in-unit washer/dryer hookups. Built with contemporary finishes and attention to detail, these units provide the perfect blend of comfort and style. Ideal for investors or multi-generational living, with projected rental income of $1,800-$1,950 per unit, this is a rare chance to own high-yield new

1309 Flower St, Bakersfield

Courtesy of Ian A Mellon with Keller Williams Realty
$650,000
Take a look at this incredible commercial opportunity located near Baker St and E 21st St in Bakersfield, CA! Zoned C-2, this versatile industrial property is ideal for a wide range of business uses. The space features secure fenced parking, large shop doors providing easy vehicle access, and multiple expansive open areas ready to accommodate your operations. Upstairs, you'll find two additional office and/or storage spaces, along with convenient on-site restrooms. Whether you're expanding your business or investing in a high-potential property, this location offers flexibility and functionality. Opportunities like this don't come around often - schedule your private showing today!

717 Baker St, Bakersfield

Courtesy of Brian Hicks with Brian Hicks Real Estate Group
$650,000
Ideal for Expansion or Revitalization While this restaurant has a rich history, the space offers ample opportunities for growth and innovation. With its spacious layout, future owners can introduce new concepts, expand the menu, or even revitalize the decor to reflect contemporary trends. There is tremendous potential to take this established brand and create something even bigger and better. Whether you continue with the current concept or introduce something new, the solid foundation is already in place to build a thriving business.

1207 Columbus St, Bakersfield

Courtesy of William A Chicas with Watson Realty
$649,000
Excellent investment opportunity in East Bakersfield! This fully remodeled fourplex offers a desirable unit mix consisting of one spacious 3-bedroom, 2-bath front unit, one 2-bedroom, 1-bath unit, and two 2-bedroom, 1.5-bath units. Each unit features updated tile flooring, granite countertops, undermount sinks, tiled showers, newer carpet, stylish two-tone paint, and modern finishes throughout. The property is gated for added privacy and security, with a gated front yard for the front unit and covered parking located behind the property. Conveniently situated near schools, shopping, dining, public transportation, and just minutes from downtown Bakersfield with easy freeway access, this turnkey income-producing property is an outstanding addition to any investment portfolio

712 Knotts St Unit ABCD, Bakersfield

Courtesy of Mike Coronado with eHomes of Bakersfield
$640,000
4 Beds
Charming and beautifully updated home is located in one of Bakersfield's most desirable neighborhoods near Garces High School. Full of timeless character and thoughtful modern upgrades, the home features a dedicated office with a closet, a spacious game room with an expansive closet, and cedar-lined closets throughout for an added touch of quality and charm. Step outside to your own backyard retreat complete with a pool, hot tub, built-in outdoor BBQ area, and storage shed, perfect for entertaining, relaxing, and everyday living.

227 El Cerrito Dr, Bakersfield

Courtesy of Diana Escobar with Keller Williams Realty
$639,000
Excellent investment opportunity in the highly desirable Alta Vista neighborhood of Upper Northeast Bakersfield! This beautifully maintained fourplex shows true pride of ownership with strong curb appeal, long-term tenants, and clear upside potential with room to increase future rental income. The property features (3) 2-bedroom, 1-bathroom units and (1) spacious 3-bedroom, 1.75-bathroom unit. Tenants have expressed appreciation for the owner's attention to detail, making this a solid income-producing asset from day one. The property also offers several parking options, including garage space, carports, a paved parking area, and plenty of street parking. Ideally located near Garces Memorial High School, Bakersfield College, Panorama Park overlooking the Kern River, shopping, major medical facilities, and easy access to Hwy 178. Properties in Alta Vista remain in high demand, making this a valuable addition to any investment portfolio. Don't miss this rare offering!

2801 Alta Vista Dr, Bakersfield

Courtesy of Jason Rodriguez with LPT Realty. Inc.
$629,000
Bakersfield 4-plex in Central/East Bakersfield, offering $5,100/month in current rents with one vacant unit for upside or owner-occupancy. Each unit is a 3 bedroom/1 bath; Units C and D were remodeled with granite countertops, fresh paint, and updated appliances. Central air/heating, W/D hookups,tile floors, and dual-pane windows throughout. Modern 100-Amp electric. AC units serviced annually. Roof estimated 2016 install. 3,932 SF per public record. Rents are actual, expenses are proforma.

1316 E California Ave, Bakersfield

Courtesy of Phil M Jordan with Keller Williams Realty
$615,000
Fully renovated five-unit investment property in turnkey condition, located at 2207 River Blvd in Bakersfield. The property consists of four updated 1-bedroom, 1-bathroom units, along with a spacious 3-bedroom, 2-bathroom unit situated at the rear of the property. Extensive renovations and modern upgrades throughout. This well-maintained asset offers an excellent opportunity for investors seeking a low-maintenance property with income potential.

2207 River Blvd, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors
$600,000
Exceptional investment opportunity in Bakersfield! 1300 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with ALL FOUR 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 St Unit A-D, Bakersfield

Courtesy of Claudia I Molina with BLVD Estate Properties
$600,000
Exceptional investment opportunity in Bakersfield! 1304 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with TWO vacant and 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 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 St Unit A-D, Bakersfield

Courtesy of Claudia I Molina with BLVD Estate Properties
$599,000
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
$529,000
This Property Offers Great Potential. With A Little TLC, This Can Be A Handsome Income Generator. Bring Your Genius Ideas And Desire To Build Your Portfolio Today. *Seller Willing To Carry With 40% Down, Call And Get The Details!

1615 Virginia St, Bakersfield

Courtesy of Alicia Martinez with Executive Realty & Investments
$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, Bakersfield

Courtesy of April Arambula with Broker X
$500,000
Don't miss this incredible opportunity to own a beautifully built duplex-perfect for investors or homeowners alike! Whether you choose to rent out both units for maximum income or live in one while leasing the other, this property offers flexibility and value. Built in 2024, this modern duplex comes equipped with owned solar panels, helping you save on energy costs.The front unit offers approximately 1,204 sq.ft. of thoughtfully designed living space with a two-story layout. The main floor features an open-concept kitchen, spacious living area, and a convenient half bathroom. Upstairs, you'll find 3 comfortable bedrooms and 2 full bathrooms, providing plenty of room for family or tenants. The rear unit, approximately 744 sq.ft., is equally inviting with 2 bedrooms and 1 full bathroom-perfect for rental income, extended family, or guests.With modern construction, energy efficiency, and versatile living options, this duplex is a standout investment you won't want to pass up!

1417 Oregon St, Bakersfield

Courtesy of Luis H Licea - Pimentel with Real Broker
$499,000
*Seller Financing Available* Looking To Add Rental Income To Your Portfolio? 624 Irene Street, A Spacious 4plex Offers 2/1 Units, Including Established Tenants In Place, Located Near Schools, Shopping, And Easy Freeway Access. These Are Just Some Of The Tenant Perks. To Be Sold With 626 Irene, Each On Its Own Lot And APN Number. Cameras On Site, Drive By And Make Your Offer Subject To Interior Inspection. You'll Be Glad You Did. Thank You. Busca Agregar Ingresos A Su Portfolio? 624 Irene Street Ofrece 4 Unidades De 2/1, Con Inquilinos Establecidos, Ubicado Cerca De Escuelas, Tiendas Y Acceso A Autopistas. Solo Algunas De Las Ventajas A Los Inquilinos. Sera Vendido Al Par De 626 Irene, Ambos Estan En Su Propio Lote Y Numero APN. Camaras En Sitio, Veala Por Fuera Y Mande Su Oferta Sujeta A Inspeccion Interior. Se Alegrara De Haberlo Hecho. Muchas Gracias.

624 Irene St, Bakersfield

Courtesy of Jessie A Barajas Jr. with Executive Realty & Investments

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2026 Bakersfield Association of Realtors. All Rights Reserved.
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