1006 Princeton Bakersfield, CA $ 1,200,000
1006 Princeton
$ 1,200,000
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1006 Princeton

Bakersfield, CA, 93305
$ 1,200,000
Baths0.0 Sq 7,044

Monthly Estimate*

$ 7,389

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,200,000. This 7,044 square foot home was built in 1958.

Charming 10-Unit Multifamily Property in Upper NE BakersfieldLocated at 1006 Princeton in the desirable upper northeast Bakersfield neighborhood, this 10-unit property is near Bakersfield Junior College and the picturesque Panorama Bluff walking trails. Built in 1958 and featuring a mix of 5 spacious 2-bedroom/1-bath units and 5 comfortable 1-bedroom/1-bath units, the building offers approximately 7,044 square feet of rentable space. Recent upgrades include a new roof in late 2019 and freshly painted exterior, with additional amenities like covered parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $132,852 annually, with rents ranging from $979 to $1,415, making it an excellent investment opportunity. Asking Price: $1,200,000. Contact us today to learn more!

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Multi-Family Pending

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 - 10 Units

Year Built

1958

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202510968

Features
Exterior
Parking Features Carport
Garages 0
Parking 0.00
Lot Size Source (Assessor)
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General
Year Built 1958
Neighborhood College Heights
Stories Count 1
Property Subtype 5 - 10 Units
Gross Income 132852.00
County Kern
Net Operating Income 78613.00
Property Type Residential Income
Close Price 0.00
Status Pending
High School East
City Bakersfield
Disclosures None of the Above
Number Of Units Total 10
MLS Area 31
Lot Size Units SqFt
Lot Size Square Feet 16552.00
Elementary School Noble Myra A.
Middle/Junior High School Washington
Elementary School District Bakersfield City
Cap Rate 0.07
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Internal Only
Street Number 1 1006
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* Excluded Features
List By
Marc A Thurston

Listing Agent

Asu Commercial

Broker

thurston@asuassociates.com

Email

Affordability Calculator

$7,389
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
1904674 Elementary School
1905288 Middle School
East High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2025$1,200,000 Listed Price

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1006 Princeton, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $1,200,000 with 7,044 sqft. 1006 Princeton is a studio with 0.0 baths and was built in 1958. The property's zip code is 93305 which is in Bakersfield, CA