2704 Cornell Street Bakersfield, CA ^$ 1,990,000

2704 Cornell Street

^$ 1,990,000

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2704 Cornell Street

Bakersfield, CA, 93305

^$ 1,990,000

Studio Baths1.1 Sq 16,810

Monthly Estimate*

^$ 12,415

Listed by Central Valley Property Advisors

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,990,000 with 1 full bath, 1 half bath. This 16,810 square foot home was built in 1967 on a lot size of 0.6181.

Exceptional multi-family investment opportunity at 2700 Cornell St, Bakersfield, CA! This well-maintained 17-unit property features a strong and desirable unit mix with sixteen spacious 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit, attracting long-term tenants and maximizing rental appeal. Located in a high-demand rental market, this asset consistently produces strong rental income with low vacancy, supported by Bakersfield's growing population and affordable housing demand. The property has been well cared for and offers cash flow with potential for future rent growth. With its solid income performance and location, this is a prime opportunity for any savvy investor looking to expand their portfolio.

Multi-Family Pending

Price

^$ 1,990,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.6181

Year Built

1967

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

MD25200498

Days on Market

165

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1967

Stories Count 2

Levels Two

Property Subtype Mixed Use

Gross Income 238761

Community Features Sidewalks

County Kern

Net Operating Income 137574

Operating Expense 101186

Insurance Expense 15248

New Construction 0

Property Type Residential Income

Garage Y/N 0

Special Listing Conditions Standard

Status Pending

Directions Exit Haley St. off 178 HWY

City Bakersfield

Entry Location 2

Senior Community Y/N 0

Number Of Units Total 17

MLS Area BKSF - Bakersfield

Lot Size Units Square Feet

Lot Size Square Feet 26924

Carport Spaces 17

Carport Y/N 1

Listing Terms Cash Conventional 1031 Exchange

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 10901

Fuel Expense 0

Trash Expense 6257

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Pending

Year Built Source Appraiser

Tax Lot P

Property Sub Type Additional Mixed Use

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 17

Lot Size Area 26924

Number of Buildings 5

Building Area Total 16810

Lot Size Acres 0.6181

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 17

Number of Separate Electric Meters 17

* Excluded Features

List By

Central Valley Property Advisors

Broker

eric@centralvalleypropertyadvisors.com

Affordability Calculator

$12,415

Per Month

Monthly Principal & Interest: $12,415
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$594,387

Percent of Sale Price 70%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,990,000		Listed Price

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2704 Cornell Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $1,990,000 with 16,810 sqft and a lot size of 0.6181. 2704 Cornell Street is a studio with 1.1 baths and was built in 1967. The property's zip code is 93305 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2704 Cornell Street

Multi-Family Home for sale in Bakersfield, CA

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