2704 Cornell Street Bakersfield, CA ^$ 1,975,000

2704 Cornell Street

^$ 1,975,000

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2704 Cornell Street

Bakersfield, CA, 93305

^$ 1,975,000

Studio Baths0.0 Sq 16,810

Monthly Estimate*

^$ 12,160

2704 Cornell Street, Bakersfield, CA 93305 - Image 1

2704 Cornell Street, Bakersfield, CA 93305 - Image 2

2704 Cornell Street, Bakersfield, CA 93305 - Image 3

2704 Cornell Street, Bakersfield, CA 93305 - Image 4

Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,975,000. This 16,810 square foot home was built in 1967.

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

^$ 1,975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

11 Plus

Year Built

1967

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202512285

Features

Exterior

Parking Features Carport

Garages 0

Parking 0.00

Lot Size Source (Public Record)

General

Year Built 1967

Neighborhood College Heights

Subdivision 1795

Stories Count 2

Property Subtype 11 Plus

Gross Income 238761.00

County Kern

Net Operating Income 137574.00

Property Type Residential Income

Close Price 0.00

Status Pending

High School East

City Bakersfield

Disclosures None of the Above

Number Of Units Total 17

MLS Area 31

Lot Size Units SqFt

Lot Size Square Feet 27007.00

Elementary School College Heights

Middle/Junior High School Compton

Elementary School District Bakersfield City

Cap Rate 0.07

Internal Only

Street Number 1 2704

* Excluded Features

List By

Eric VanDenk

Listing Agent

Central Valley Property Adviso

Broker

eric@centralvalleypropertyadvisors.com

Affordability Calculator

$12,160

Per Month

Monthly Principal & Interest: $12,160
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$703,087

Percent of Sale Price 64%

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.

1905091 Elementary School

1904951 Middle School

East High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/3/2025	$1,975,000		Listed Price

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2704 Cornell Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $1,975,000 with 16,810 sqft. 2704 Cornell Street is a studio with 0.0 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 6.25% 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.

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 12/10/2025. 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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2704 Cornell Street

Multi-Family Home for sale in Bakersfield, CA

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