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$2,590,000
1905 California Avenue presents a rare opportunity to acquire a 24-unit multifamily asset in the heart of Bakersfield, California. The property consists of a desirable unit mix of nineteen (19) 2-bedroom/1-bath units, four (4) 1-bedroom/1-bath units, and one (1) 3-bedroom/1-bath unit, providing broad tenant appeal. The asset currently generates over $280,000 in gross annual income, offering investors immediate cash flow with the potential for future revenue growth through continued rent optimization and operational efficiencies. Located along a major Bakersfield corridor with convenient access to employment centers, retail amenities, schools, and transportation routes, the property benefits from strong rental demand within a growing Central Valley market. This offering represents an attractive value-add and long-term hold opportunity for investors seeking scale, income, and upside potential in one of California's most affordable multifamily markets.

1905 California Ave, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors

$2,100,000
ASU Commercial is pleased to offer for sale or lease 2725 16th Street, an AAAHC accredited and Medicare certified, occupancy ready surgery center in downtown Bakersfield near Mercy Hospital. The ground floor of the property is approximately 4,900 SF, with clinical medical space of 2,761 SF and surgery suite space of 2,139 SF. The second floor consists of approximately 1,776 square feet of general office support space. The surgery suite improvements include two OR rooms, three recovery areas, nurses station, clean and dirty supply areas and two ADA restrooms. Owner will consider sale of equipment at additional cost. Easy access to all areas of Bakersfield via Highway 58, Highway 99, and the Westside Parkway.

2725 16th St, Bakersfield

Courtesy of Dylan J Lym with ASU Commercial

$1,999,999
Excellent multi-family investment opportunity in the heart of Bakersfield's historic Oleander Tract! Situated on a massive 0.6-acre lot (26,136 sq ft), this unique residential income property features 8 character-rich buildings combining for a total of 7 units and 4,866 sq ft of living space.Built in 1930, the property contains the saught after oleander charm and immense value-add potential for savvy investors looking to maximize rental income or execute a classic restoration project. The sprawling lot provides rare, expansive spacing between units, ample open parking, and plenty of outdoor space for tenants.Conveniently located with easy access to local schools (Roosevelt Elementary, Emerson Jr. High, and Bakersfield High School), shopping, dining, and transit. Property to be sold as-is. Offers are to be made subject to interior inspection please do not disturb the tenants. Don't miss out on adding this high-potential multi-family portfolio piece to your investment strategy!

319 Holtby Rd, Bakersfield

Courtesy of Esteban Contreras with Watson Realty

$1,225,000
Turnkey 8-Unit Spanish-Style Multifamily | Fully Renovated | $1.2M | Strong In-Place IncomeThis is one of the cleaner small multifamily deals we've seen recently.Fully renovated 8-unit Spanish-style property priced at $1.2M, generating $9,000/month ($108K annually) with rents already at or very close to market. This property combines character, functionality, and a clean operational profile, while also having a desirable central location.The seller just completed a full rehab, so an investor is stepping into a true turnkey situation without taking on construction risk, lease-up risk, or rent speculation. That alone is where most of the value is here.Ideal for investors seeking a low maintenance asset! Call for more details today!Unit mix is ideal for the current marketprimarily 1-bedrooms at $1,100 with washer/dryer hookups, plus two 2-bedrooms at $1,200. It's a bread-and-butter renter profile that stays consistently occupied.All units feature washer/dryer hookups.

1800 Forrest St, Bakersfield

Courtesy of Troy T Lei with Miramar Realty

$1,100,000
6 Beds
Welcome to this one-of-a-kind family estate in the heart of Downtown Westchester! Spanning 4,231 sq.ft., this thoughtfully updated home blends timeless character with modern comfort. Featuring 6 bedrooms, each with its own en-suite bathroom, plus a guest half bath and garage bath, this home offers exceptional space and functionality. Enjoy two inviting living areas overlooking the lush front and backyard landscapes, a dedicated office, breakfast nook, and formal dining room with views of the charming brick-lined patio oasis. Upstairs, the expansive primary suite features a large walk-in closet and spacious bathroom. Thoughtful upgrades throughout enhance the home's appeal, while mature landscaping, multiple outdoor entertaining spaces, a detached 2-car garage, and covered 2-car carport complete the package. A rare opportunity to own a truly special Westchester home designed for comfortable living and memorable gatherings. Don't miss it!

2219 Pine St, Bakersfield

Courtesy of Mallory S Belter with Coldwell Banker Preferred, REALTORS®

$1,080,088
HUGE Price Reduction!!!! The property generates a gross income of $98,400 annually right now, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: $1,180,800 Contact us today to learn more!Corner Complex, mix of fourplex & triplex located at 2126 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include 4 new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room.

2126 O St, Bakersfield

Courtesy of Aman Sahami with TNT Real Estate

$1,025,000
Commercial property located in the heart of Bakersfield, consisting of approximately 9,150 square feet across two separate buildings with 79-panel, fully paid solar system and 200-amp, 220-volt electrical service. The property includes a retail storefront building along a major commercial corridor and a shop/warehouse building, offering flexible space for a variety of commercial uses. Zoned C2, the property is suitable for owner-user or investor occupancy and may accommodate retail, restaurants, cafes, offices and more. The site benefits from strong street exposure and functional separation of uses, allowing for long-term adaptability. This multi-building configuration presents an opportunity to acquire a versatile commercial asset in a central Bakersfield location.

2305 Chester Ave, Bakersfield

Courtesy of Carlos Padilla with Watson Realty

$995,000
This offering includes the leasehold interest in three properties located at 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue. The properties have been occupied by Eagleson Body Works and will be delivered vacant upon sale. The properties are subject to two ground leases with very reasonable rent that through existing firm term and tenant options allow control of the sites through 2060 and 2063. The properties are located near Adventist Health Bakersfield Hospital as well as a three story Kaiser Permanente medical office building consisting of approximately 43,000 SF. Additional Fee Simple Interest properties for sale across the street. 1516 25th Street and 2530 Eye Street, also long occupied by Eagleson Body Works and consisting of 13,403 square feet on 0.51 acres can be purchased along with 1517 25th Street, 2408 Eye Street & 2429 Chester Avenue.

1517 25th St, Bakersfield

Courtesy of Matthew E Starr with ASU Commercial

$699,999
3 Beds
REDUCED!!! Welcome to Westchester, one of Bakersfield's most highly sought after neighborhoods where lush landscaping, established trees and beautiful homes grace the streets. This stunning 2 story home with fresh interior paint sprawled on a fully fenced large corner lot with a pool and basement is waiting for your personal touches to make it yours. Featuring a traditional floor plan, the first floor offers a formal living with fireplace, stunning bonus room with a fireplace overlooking the backyard, second bonus room with courtyard views, formal dining and oversized kitchen with island. Perched on the top front corner of the home is the owner suite boasting beautiful views from the balcony, an extended wraparound walk-in closet and oversized en-suite. The two additional upstairs bedrooms offer a jack-n-jill bath and private patio. Begin making great memories now while relaxing in the courtyard and splashing your sparkling pool. Call right now for a private showing and make an offer!

2600 21st St, Bakersfield

Courtesy of Spring M Bunting with Coldwell Banker Preferred, REALTORS®

$699,000
2 Beds
Welcome to this truly unique Spanish-inspired gem in the heart of downtown Westchester. Built in 1991 & thoughtfully designed by Robert Blair, this custom 2-story home has 2 bedrooms, 2 baths plus an office that could be a third bedroom. The home has a beautifully landscaped courtyard w/a Koi pond--a true private oasis. Inside, you'll find soaring ceilings in the spacious dining room w/a fireplace, a cozy living room and an abundance of natural light throughout. Upstairs, a gorgeous family room features built-ins & bright views. Multiple patios extend off the bedrooms for seamless indoor-outdoor living. Additional features include an indoor utility room & 2-car garage. The home has been lovingly maintained & improved over the last 2 years. Recent upgrades include exterior stucco, a roof on all flat portions w/tile replacement, a stunning copper-covered patio off the kitchen, 2 AC units, doors & windows, double ovens & cooktop, hardwood flooring upstairs & drought-friendly landscaping.

2118 Cedar St, Bakersfield

Courtesy of Mallory S Belter with Coldwell Banker Preferred, REALTORS®

$638,990
Premier opportunity to acquire a well-established, turnkey seafood restaurant and commercial real estate in one of Bakersfield's thriving commercial corridors. Generating nearly $1 million in annual gross sales, this fully operational business offers an established brand, loyal customer following, and a proven operating history. The sale includes all furniture, fixtures, equipment (FF&E), commercial kitchen equipment, and transferable business assets, allowing for a seamless transition and immediate operation. The property features a fully equipped commercial kitchen, spacious dining area, and ample on-site parking in a high-visibility, high-traffic location. This is an exceptional opportunity for an owner-operator, restaurant group, or investor seeking to own both a successful restaurant and the underlying commercial real estate. The commercial real estate may be purchased independently; however, the restaurant business is only available in conjunction with the real estate purchase.

1641 Union Ave, Bakersfield

Courtesy of Arianna Aguilar with The Mora Partners Inc.

$579,000
5 Beds
Rare opportunity to own a beautifully restored downtown duplex situated on an expansive corner lot. Brimming with charm and character, this exceptional property has been thoughtfully remodeled from top to bottom, offering the perfect blend of vintage appeal and modern convenience.Both units feature updated kitchens, remodeled bathrooms, fresh interior paint, beautiful hardwood flooring, and private laundry rooms. Unit A offers a 3 bedroom, 2-bath floor plan, while Unit B features 2 bedrooms and 1 bath. Each residence enjoys its own private yard, creating comfortable outdoor living spaces for owners or tenants alike.The oversized side yard presents endless possibilities for gardening, entertaining, expansion, or other creative uses. Additional improvements include a newer roof, updated insulation, plumbing, and electrical systems, providing peace of mind for years to come. Ideal for owner-occupants, investors, or multi-generational living.... This is a truely special property.

1929 A St, Bakersfield

Courtesy of Jennifer E Woods with Watson Realty

$555,000
3 Beds
This beautifully maintained 3 bedroom, 2.5 bath home on a corner lot in the Westchester neighborhood is ready for its next owner. The property features a thoughtfully designed kitchen with stainless steel appliances, hardwood floors, abundant cabinetry, a pantry, and a cozy breakfast nook.The spacious family room offers a warm and inviting atmosphere with a gas fireplace and expansive slider and window views overlooking the backyard oasis. A formal dining room with crown molding adds elegance, while the separate living room includes built-in bookcases, its own fireplace, and patio accessperfect for relaxing or entertaining.Additional highlights include an indoor utility room with extensive storage and a convenient half bath. Step outside to a spacious backyard featuring a huge covered patio and a pool for your enjoyment and entertaining. The home has paid solar delivering energy efficiency. This home is ready for its new owner,just bring your vision and enjoy.

2445 Spruce St, Bakersfield

Courtesy of Michael Freedman with American Real Estate

$549,999
Prime Downtown Location with Owned Solar - Now Available!Looking for the perfect spot for your next business venture? This completely renovated property in the heart of downtown is ready for you! Featuring multiple small offices and 2.5 bathrooms (including one with a shower), this space offers both flexibility and comfort.Enjoy the brand-new flooring, fresh paint, and a private patio ideal for outdoor meetings or business gatherings. Plus, take advantage of owned solar panelsa huge bonus that will help keep energy costs low, especially during those hot summer days!Don't miss this incredible opportunity to establish your business in one of the city's most desirable locations. Schedule your private viewing today!

2021 19th St, Bakersfield

Courtesy of Roger V Magana with Golden Valley Real Estate Group

$549,950
4 Beds
Nestled in the highly coveted Westchester neighborhood, this timeless custom home offers many distinctive features rarely found today. Boasting 4 spacious bedrooms and 2.75 baths. Features include an elegant formal living room with fireplace, family room with vaulted beam ceilings and brick fireplace. Formal dining room with built in China hutch and concealed cabinetry for seamless storage. Spacious kitchen with abundant cabinetry, a charming breakfast nook, and large walk in pantry with space for an extra fridge. The private primary suite features a walk in dressing area with built-in dressers, bath with dual sinks and an expansive vanity. A unique highlight of the home is the separate wet bar room that opens to family room, complete with sink, built-in fridge, and Dutch door to the huge patio. Separate guest wing with bedroom and bath offers flexibility for extended family or visitors. Situated on a large corner lot with sparkling pool and a 2 car garage with a separate storage room.

2444 Pine St, Bakersfield

Courtesy of Greg L Holland with Coldwell Banker Preferred, REALTORS®

$545,000
Introducing 220 F St, a 3-unit multifamily investment opportunity nestled in Bakersfield's highly desirable Oleander neighborhood. Each unit offers a functional 2-bedroom, 1-bathroom layout, providing consistent, in-demand floor plans that appeal to a broad renter pool. The property also includes 2 garages, an added convenience that enhances tenant appeal and supports strong occupancy. Located in one of Bakersfield's most established and sought-after residential areas, this property benefits from strong neighborhood appeal, tree-lined streets, and proximity to downtown shopping, dining, and everyday conveniences. With uniform unit sizes, garage parking, and a prime Oleander location, 220 F St presents a solid opportunity for investors seeking a stabilized, easy-to-manage multifamily asset.

220 F St, Bakersfield

Courtesy of Eric VanDenk with Central Valley Property Advisors

$525,000
ASU Commercial is pleased to present 901 34th Street, a fully leased single-tenant medical office investment in Downtown Bakersfield's established healthcare corridor. The 2,370 SF building sits on a 9,963 SF corner parcel and was extensively renovated in 2023, creating a modern asset with minimal near-term capital needs. The property is leased to an established regional operator with more than ten California locations, providing stable cash flow through May 31, 2031. The lease includes 2.5% annual rent increases, one five-year renewal option, and a modified gross structure that limits landlord responsibilities. Recent improvements include a new roof, HVAC, water heater, flooring, lighting, ADA upgrades, security system, and remodeled interior finishes. The property offers 15 gated parking spaces. Located at the corner of 34th Street and Panama Street, the asset is less than a quarter mile from Dignity Health Memorial Hospital and offers convenient access to Highways 99 and 178.

901 34th St, Bakersfield

Courtesy of Dylan J Lym with ASU Commercial

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