$675,000

$675,000

Est. $4,467/mo · 20% down · 6.5% · 30yr

800 31st and 3111 Q st, Bakersfield, CA, 93301

Active
8,626lot sqft
1935built
40 days on market

About this home

Great Investment or Live-In Opportunity - Fully Rented Multi-Unit Gem in Downtown Bakersfield! Discover this fully-occupied 5-unit property perfectly situated in the heart of Downtown Bakersfield, close to restaurants, shops, and easy freeway access. The property includes two buildings on one lot: Front House (800 31st Street) – Charming single-family home with 2 bedrooms and 1 bath, built in 1935, featuring classic details and a welcoming front porch. Four-Plex (3111 Q Street) – Built in 1985, offering four spacious 2-bedroom, 1-bath units with great natural light and functional layouts. With all units currently rented and a combined monthly income of $5,720, this property provides immediate cash flow from day one. Whether you’re an investor seeking reliable rental income or a buyer looking to live in one unit and rent the rest, this property offers both stability and upside potential. Other highlights include: • Lot size: 8,626 sq ft • Total living space: 4,244 sq ft • Convenient downtown location near major employers, schools, and transportation • Separate addresses and established tenants A rare opportunity to own a multi-unit property in one of Bakersfield’s most accessible neighborhoods — ideal for long-term income, house-hacking, or portfolio growth.

Property Details

💰

$675,000

Price

🌿

8,626 sqft

Lot Size

🏗️

1935

Year Built

🏠

MultiFamily

Type

📅

40 days

Days Listed

✓ Active ListingBakersfield, CA 93301

Mortgage Calculator

Estimate your full monthly payment including taxes, insurance & PMI/MIP.

Loan Type

Loan Term

$675,000
%
3%50%
$33,750 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$5,111

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$4,053
Property Taxes / mo$703
Home Insurance / mo$120
PMI (Mortgage Insurance)$235
Total Est. Payment$5,111
LTV95.0% · MI Required
Get Pre-Approved — No Obligation

Powered by My Mortgage Company

For illustration only. Actual rates, payments, and terms vary. Contact a licensed mortgage professional for an official loan estimate.

Neighborhood Snapshot

Bakersfield · 93301

Market Stats

Active Listings

78

ZIP 93301

Median List Price

$369K

ZIP 93301

Avg Days on Market

91

Bakersfield avg

Sale / List Price

97.9%

avg ratio

Nearby Schools

🏫 Elementary

Jefferson Elementary School

🏫 High School

Garces High School

🏫 School

Phoenix Learning Center

🏫 Elementary

Stella I Hills Elementary School

Nearby Amenities

🍽️ Restaurant

  • Nuestro México
  • Hon Ramen

🍔 Dining

  • McDonald's

🛒 Grocery

  • FoodMaxx
  • Smart & Final

🌳 Park

  • Sam Lynn Ball Park
  • Kern River Parkway Park
  • Riverview Park

800 31st and 3111 Q st, Bakersfield, CA, 93301

Listed by: Randy Bennett, Randell Bennett, Broker

Office: 714-987-3599

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

Interested in this home?

Our agents know every pocket of Kern County.

Or call us directly

(661) 543-4663