$1.25M

Excellent multi-family investment opportunity in the heart of Bakersfield's historic Oleander Tract! Situated on a massive 0.6-acre lot (26,136 sq ft), this unique residential income property features 8 character-rich buildings combining for a total of 7 units and 4,866 sq ft of living space.Built in 1930, the property contains the saught after oleander charm and immense value-add potential for savvy investors looking to maximize rental income or execute a classic restoration project. The sprawling lot provides rare, expansive spacing between units, ample open parking, and plenty of outdoor space for tenants.Conveniently located with easy access to local schools (Roosevelt Elementary, Emerson Jr. High, and Bakersfield High School), shopping, dining, and transit. Property to be sold as-is. Offers are to be made subject to interior inspection please do not disturb the tenants. Don't miss out on adding this high-potential multi-family portfolio piece to your investment strategy!