$449,999

$449,999

Est. $2,978/mo · 20% down · 6.5% · 30yr

1210 Oregon Street, Bakersfield, CA, 93305

Active
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0beds
2,046sqft
7,405lot sqft
1954built
New listing

About this home

We are pleased to present a four unit multifamily property with strong value add potential, ideal for a first time home buyer looking to break into investing with a manageable, bite sized asset. The offering features spacious one bedroom one bathroom units that support consistent occupancy and long term rentability. One unit has been fully renovated with new flooring, fresh paint, and a recently replaced water heater, creating a true move in ready unit. This is a major advantage for an owner occupant looking to step into their first investment, live in one unit while stabilizing the rest, or lease it at market rent to begin generating income from day one.. The remaining units offer clear upside through interior upgrades and rent growth as the asset is repositioned. Additionally, there is an opportunity to create more income through revitalizing the laundry area by installing a washer and dryer for tenant use, creating an additional income stream and boosting overall tenant appeal.

Property Details

💰

$449,999

Price

🛏

0 bd

Bedrooms

📐

2,046 sqft

Living Area

🌿

7,405 sqft

Lot Size

🏗️

1954

Year Built

🏠

4 Units

Type

📅

New today

Days Listed

✓ Active ListingBakersfield, CA 93305

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Loan Type

Loan Term

$449,999
%
3%50%
$22,500 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$3,448

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,702
Property Taxes / mo$469
Home Insurance / mo$120
PMI (Mortgage Insurance)$157
Total Est. Payment$3,448
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93305

Market Stats

Active Listings

126

ZIP 93305

Median List Price

$340K

ZIP 93305

Avg Days on Market

93

Bakersfield avg

Sale / List Price

97.9%

avg ratio

Nearby Schools

🏫 Elementary

Jefferson Elementary School

🏫 Middle School

Bakersfield Junior Academy

🏫 High School

East Bakersfield High School

🏫 School

College Heights School

Nearby Amenities

🛒 Grocery

  • Walmart Supercenter
  • Albertsons

🌳 Park

  • Mayflower Park
  • Heritage Park
  • Virginia Avenue Park

1210 Oregon Street, Bakersfield, CA, 93305

Listed by: Esteban Contreras, Watson Realty

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

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