$2.10M
Est. $13,900/mo · 20% down · 6.5% · 30yr
4023 O Street, Bakersfield, CA, 93301
About this home
-- Prime Value-Add Multifamily + Approved 22-Unit Development Opportunity --Rare chance to acquire a *7-unit apartment portfolio* across two well-maintained buildings *4-Plex* and *Triplex* positioned on a large parcel with tremendous upside. This property includes fully approved plans by the City of Bakersfield for a new 22-unit multifamily project, offering investors and developers the ability to earn immediate cash flow from the existing 7 (2 Bed, 1.75 Bath, Indoor Laundry) units while advancing a high-density expansion. All plans and approvals are in place, saving valuable time and reducing upfront development risk. Whether you're looking to grow your portfolio or build out a new multifamily community, this asset delivers strong current income, exceptional future value, and a path to long-term returns. A true turnkey opportunity with major potential in a growing market.
Property Details
$2.10M
Price
0 bd
Bedrooms
6,104 sqft
Living Area
1.30 acres
Lot Size
1986
Year Built
5 - 10 Units
Type
157 days
Days Listed
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Total Monthly (PITI+MI)
$15,649
Principal · Interest · Taxes · Insurance · MI
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Neighborhood Snapshot
Bakersfield · 93301
Market Stats
Active Listings
78
ZIP 93301
Median List Price
$369K
ZIP 93301
Avg Days on Market
91
Bakersfield avg
Sale / List Price
97.9%
avg ratio
Nearby Schools
🏫 Elementary
Standard Elementary School
🏫 High School
Garces High School
🏫 School
Phoenix Learning Center
🏫 Elementary
Stella I Hills Elementary School
Nearby Amenities
🛒 Grocery
- Smart & Final
- Food 4 Less
🌳 Park
- Sam Lynn Ball Park
- Kern River Parkway Park
- Riverview Park
Location
4023 O Street, Bakersfield, CA, 93301
Listed by: Eric Mora, The Mora Partners Inc.
Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer
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