1115 Grace Street Bakersfield, CA ^$ 199,000

1115 Grace Street

^$ 199,000

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Recently Listed

1115 Grace Street

Bakersfield, CA, 93305

^$ 199,000

Studio Baths0.0 Sq 1,186

Monthly Estimate*

^$ 1,225

1115 Grace Street, Bakersfield, CA 93305 - Image 1

1115 Grace Street, Bakersfield, CA 93305 - Image 2

1115 Grace Street, Bakersfield, CA 93305 - Image 3

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1115 Grace Street, Bakersfield, CA 93305 - Image 5

Studio

Multi-Family Home for sale in Bakersfield, CA

for $199,000. This 1,186 square foot home was built in 1940.

This vacant duplex at 1115 Grace Street in Bakersfield presents a value-add opportunity for investors seeking a full rehab project. The property consists of one 2-bedroom/1-bath unit and one studio, totaling approximately 1,186 square feet, situated on a generous 7,446 square foot lot. Built in 1940, both units have been trashed out and will require a complete renovationplease refer to the attached condition report for details. With flexible redevelopment potential and upside after rehabilitation, this is offering is priced at $199,000.

Multi-Family Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

2 homes on 1 Lot

Year Built

1940

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202601514

Features

Exterior

Parking Features Uncovered

Garages 0

Parking 0.00

Lot Size Source (Public Record)

General

Year Built 1940

Neighborhood Old Town Kern

Subdivision Drurys Northern Addition

Stories Count 1

Property Subtype 2 homes on 1 Lot

Gross Income 1.00

County Kern

Net Operating Income 1.00

Property Type Residential Income

Close Price 0.00

Status Active

High School East

City Bakersfield

Disclosures None of the Above

Number Of Units Total 2

MLS Area 31

Lot Size Units SqFt

Lot Size Square Feet 7405.00

Elementary School Jefferson_Bak

Cap Rate 0.00

Internal Only

Street Number 1 1115

* Excluded Features

List By

Marc A Thurston

Listing Agent

Asu Commercial

Broker

thurston@asuassociates.com

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$1,225

Per Month

Monthly Principal & Interest: $1,225
Monthly Property Taxes: --
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

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$692,177

Percent of Sale Price 248%

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.

5238341 Elementary School

5243010 Middle School

East High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/11/2026	$199,000		Listed Price

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1115 Grace Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $199,000 with 1,186 sqft. 1115 Grace Street is a studio with 0.0 baths and was built in 1940. 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 2/11/2026. 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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1115 Grace Street

Multi-Family Home for sale in Bakersfield, CA

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