$2.10M

$2.10M

Est. $13,900/mo · 20% down · 6.5% · 30yr

4023 O Street, Bakersfield, CA, 93301

Active
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0beds
6,104sqft
56,628lot sqft
1986built
157 days on market

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

✓ Active ListingBakersfield, CA 93301

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Loan Type

Loan Term

$2,100,000
%
3%50%
$105,000 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$15,649

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$12,610
Property Taxes / mo$2,188
Home Insurance / mo$120
PMI (Mortgage Insurance)$732
Total Est. Payment$15,649
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93301

Market Stats

Active Listings

86

ZIP 93301

Median List Price

$380K

ZIP 93301

Avg Days on Market

94

Bakersfield avg

Sale / List Price

297.8%

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

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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