1017 Paloma St Bakersfield, CA ^$ 435,000

1017 Paloma St

^$ 435,000

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Recently Listed

1017 Paloma St

Bakersfield, CA, 93304

^$ 435,000

Studio Baths1.0 Sq 2,044

Monthly Estimate*

^$ 2,714

Listed by Equity Union

1017 Paloma St, Bakersfield, CA 93304 - Image 1

1017 Paloma St, Bakersfield, CA 93304 - Image 2

1017 Paloma St, Bakersfield, CA 93304 - Image 3

1017 Paloma St, Bakersfield, CA 93304 - Image 4

1017 Paloma St, Bakersfield, CA 93304 - Image 5

1017 Paloma St, Bakersfield, CA 93304 - Image 6

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $435,000 with 1 full bath. This 2,044 square foot home was built in 1954 on a lot size of 0.1381.

Charming, income-producing property in Southwest Bakersfield. This is an excellent opportunity for an investor or an owner-occupant looking to live in one home and rent the other to help offset the mortgage. The main home features 3 bedrooms and 2 bathrooms, including a downstairs primary bedroom with a full bath, while the additional 2 bedrooms and second bathroom are located upstairs. The home also offers a spacious kitchen and in-unit laundry hookups.The second home includes 1 bedroom and 1 bathroom, also with in-unit laundry hookups. Both homes share side-by-side garages, offering ample parking and storage.Both units are currently rented, providing immediate income. The property also features a beautiful yard with mature trees and is conveniently located within walking distance of Evergreen Elementary.

Multi-Family Active

Price

^$ 435,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1381

Year Built

1954

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

SR25270053

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Appliances Dishwasher Gas Oven Microwave Refrigerator Water Heater

HOA Fee 0

Garage Spaces 2

Pool Features None

Exclusions TENANT PERSONAL ITEMS

Year Built 1954

Levels Multi/Split

Property Subtype Duplex

Gross Income 33588

Community Features Sidewalks

County Kern

Net Operating Income 20364

Operating Expense 12216

Insurance Expense 1800

New Construction false

Property Type Residential Income

HOA false

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions PLEASE USE GPS

City Bakersfield

Entry Location 1

Senior Community Y/N false

Number Of Units Total 2

MLS Area BKSF - Bakersfield

Lot Size Units Square Feet

Lot Size Square Feet 6017

Number of Units Leased 2

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1140

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 10

Total Actual Rent 2799

Property Sub Type Additional Duplex

Taxes 6528

Cap Rate 4.68

Interior

Interior Amenities Ceiling Fan(s)

Fireplace Features None

Total Stories 1

Common Walls 2+ Common Walls

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features Washer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 2

Lot Size Area 6017

Number of Buildings 1

Building Area Total 2044

Lot Size Acres 0.1381

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Equity Union

Broker

lorideker@gmail.com

Affordability Calculator

$2,714

Per Month

Monthly Principal & Interest: $2,714
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 37%

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
12/5/2025	$435,000		Listed Price

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1017 Paloma St, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $435,000 with 2,044 sqft and a lot size of 0.1381. 1017 Paloma St is a studio with 1.0 baths and was built in 1954. The property's zip code is 93304 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 12/17/2025. 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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1017 Paloma St

Multi-Family Home for sale in Bakersfield, CA

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