1000 Monterey Street Bakersfield, CA ^$ 544,990

1000 Monterey Street

^$ 544,990

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1000 Monterey Street

Bakersfield, CA, 93305

^$ 544,990

Studio Baths0.0 Sq 3,048

Monthly Estimate*

^$ 3,400

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $544,990. This 3,048 square foot home was built in 1984.

Investor alert! This is a rare opportunity to own a fully occupied quadplex in a high-demand rental area. Each of the four units is currently leased with reliable tenants in place, generating consistent cash flow from day one. With strong rental history and minimal vacancy, this quadplex is a solid addition to any investment portfolio. Located near major employers, public transportation, and local amenities, the location supports ongoing demand and future appreciation. Don't miss your chance to secure an investment with immediate income potential.

Multi-Family Pending

Price

^$ 544,990

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

4 Units

Year Built

1984

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202511917

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 6.00

Lot Size Source (Public Record)

General

Year Built 1984

Neighborhood Old Town Kern

Subdivision Bakersfield

Stories Count 1

Property Subtype 4 Units

Gross Income 46194.00

County Kern

Net Operating Income 29009.95

Property Type Residential Income

Close Price 0.00

Status Pending

High School East

City Bakersfield

Disclosures None of the Above

Number Of Units Total 4

MLS Area 31

Lot Size Units SqFt

Lot Size Square Feet 6097.00

Elementary School Longfellow

Middle/Junior High School Washington

Elementary School District Bakersfield City

Cap Rate 0.05

Internal Only

Street Number 1 1000

* Excluded Features

List By

Nikolas Boone

Listing Agent

Ascend Real Estate And Propert

Broker

nikboone@gmail.com

Affordability Calculator

$3,400

Per Month

Monthly Principal & Interest: $3,400
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 ^$596,771

Percent of Sale Price 10%

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.

1905314 Elementary School

1905288 Middle School

East High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2025	$544,990	-0.91%	Price Down
10/22/2025	$549,990		Listed Price

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1000 Monterey Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $544,990 with 3,048 sqft. 1000 Monterey Street is a studio with 0.0 baths and was built in 1984. 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.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 11/26/2025. 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.

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1000 Monterey Street

Multi-Family Home for sale in Bakersfield, CA

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