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Listed by Ashish Gupta, DRE #02197681 • Side, Inc
$480,000
Est. payment /mo
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26180866
Style Traditional
Year Built 2024
Lot Size 3,920 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.
Location
State CA
County Kern
Area Bksf - Bakersfield
Rooms
Kitchen Microwave
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room
Exterior
Garage Spaces 1.0
Pool 31, None
View Local/Neighborhood, City Lights
Roof Type Composition
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 01515019008
Special Listing Condition Not Applicable
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Sharad Gupta
Broker License ID: 02213637
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