$2.59M

$2.59M

Est. $17,143/mo · 20% down · 6.5% · 30yr

1905 California Avenue, Bakersfield, CA, 93304

MLS# 202607254

Active
1905 California Avenue — photo 1
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16,668sqft
19,166lot sqft
1964built
22 days on market

About this home

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.

Property Details

💰

$2.59M

Price

🛏

0 bd

Bedrooms

📐

16,668 sqft

Living Area

🌿

19,166 sqft

Lot Size

🏗️

1964

Year Built

🚗

0 car

Garage

🏠

11 Plus

Type

📅

22 days

Days Listed

✓ Active ListingBakersfield, CA 93304

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Loan Type

Loan Term

$2,590,000
%
3%50%
$129,500 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$19,272

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$15,552
Property Taxes / mo$2,698
Home Insurance / mo$120
PMI (Mortgage Insurance)$902
Total Est. Payment$19,272
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93304

Market Stats

Active Listings

198

ZIP 93304

Median List Price

$325K

ZIP 93304

Avg Days on Market

89

Bakersfield avg

Sale / List Price

98.5%

avg ratio

1905 California Avenue, Bakersfield, CA, 93304

Listed by: Eric VanDenk, Central Valley Property Advisors

MLS#: 202607254

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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