$2.10M

$2.10M

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

4023 O Street, Bakersfield, CA, 93301

Active
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

Mortgage Calculator

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

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
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

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

Interested in this home?

Our agents know every pocket of Kern County.

Or call us directly

(661) 543-4663