Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.
1,948 Sq Ft
3,920 Sq Ft Lot Size
other
Built in 2024
MLS/Listing ID OC26180866
2 Stories
2 Units
Granite Countertops
High Ceilings
Two Story Ceilings
Microwave
Style - Traditional
Community - Gutters
Community - Street Lights
Community - Sidewalks
All Bedrooms Up
Laundry Room
Composition
City Lights View
Neighborhood View
Public Sewer
Public Water
Construction - Drywall
Construction - Ducts Professionally Air Sealed
Construction - Concrete
Construction - Stucco
Cooling - Central Air
Wood
Carpet
Vinyl
Slab
TOTAL MONTHLY COST
$0
$0
$0
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.