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.