12119 Edison Highway Bakersfield, CA $ 479,999
12119 Edison Highway
$ 479,999
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12119 Edison Highway

Bakersfield, CA, 93307
$ 479,999
Baths0.0 Sq 2,397

Monthly Estimate*

$ 2,995

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $479,999. This 2,397 square foot home was built in 1942.

Exceptional investment opportunity in Bakersfield! Located at 12119 Edison Hwy, this fully tenant-occupied 5-unit multi-family property generates just under $5,000/month in gross rents, offering strong cash flow from day one. Priced at $479,999.00 featuring (1) 2 bed 1 bath house and (4) 1 bed 1 bath houses totaling approximately 2,397 sq. ft. Current rents range from $690 to $1,250 generating a gross scheduled income of $58,392 per year, with significant upside potential as rents are well below market. This income-producing asset features long term tenants, solid rental history, and immediate returns. A perfect addition to any growing portfolio in a consistently high-demand rental market with excellent potential for continued value growth.

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Multi-Family Active

Price

$ 479,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 - 10 Units

Year Built

1942

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202512718

Features
Exterior
Parking Features Uncovered
Garages 0
Parking 0.00
Lot Size Source (Public Record)
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General
Year Built 1942
Neighborhood Edison
Subdivision 1187
Stories Count 1
Property Subtype 5 - 10 Units
Gross Income 58392.00
County Kern
Net Operating Income 52392.00
Property Type Residential Income
Close Price 0.00
Status Active
High School Mira Monte
City Bakersfield
Disclosures None of the Above
Number Of Units Total 5
MLS Area 43
Lot Size Units SqFt
Lot Size Square Feet 31363.00
Elementary School Orangewood
Middle/Junior High School Edison
Elementary School District Edison
Cap Rate 0.11
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Internal Only
Street Number 1 12119
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* Excluded Features
List By
Moiz Lakdawala

Listing Agent

Keller Williams Realty

Broker

gmrealtor51@gmail.com

Email

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$2,995
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Monthly Principal & Interest
$2,995
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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
2762750 Elementary School
2762749 Middle School
Mira Monte High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$479,999 Listed Price

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12119 Edison Highway, Bakersfield, CA, 93307 is a Multi-Family Home for sale at $479,999 with 2,397 sqft. 12119 Edison Highway is a studio with 0.0 baths and was built in 1942. The property's zip code is 93307 which is in Bakersfield, CA