1316 H Street Bakersfield, CA $ 485,000
1316 H Street
$ 485,000
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1316 H Street

Bakersfield, CA, 93301
$ 485,000
Baths0.0 Sq 3,212

Monthly Estimate*

$ 2,986

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $485,000. This 3,212 square foot home was built in 1915.

1316 H Street presents another exceptional central Bakersfield investment opportunity. Offered at $485,000, this attractive four-plex features four well-designed 1 bed/1 bath units generating $43,916 in gross annual rents, with continued upside potential. The property includes four one-car garages, providing added tenant convenience and additional rental appeal. Significant electrical improvements have already been made, with the panel upgraded to modern standards, offering peace of mind for ownership. Additionally, the plumbing and insulation have also been upgraded. Investors also have the rare opportunity to purchase this building together with the neighboring 1300 H Street, creating a strong eight-unit portfolio with scale, improved efficiencies, and long-term growth potential in a prime central location. The current rents range from $907 - $937.

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Multi-Family Active

Price

$ 485,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

4 Units

Year Built

1915

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202602282

Features
Exterior
Parking Features Garage
Garages 4
Parking 0.00
Lot Size Source (Public Record)
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General
Year Built 1915
Neighborhood Old Westchester
Subdivision Bakersfield
Stories Count 2
Property Subtype 4 Units
Gross Income 43916.00
County Kern
Net Operating Income 20159.00
Property Type Residential Income
Close Price 0.00
Status Active
High School Bakersfield
City Bakersfield
Disclosures None of the Above
Number Of Units Total 4
MLS Area 10
Lot Size Units SqFt
Lot Size Square Feet 7840.00
Elementary School Penn William
Middle/Junior High School Emerson
Cap Rate 0.04
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Internal Only
Street Number 1 1316
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* Excluded Features
List By
Marc A Thurston

Listing Agent

Asu Commercial

Broker

thurston@asuassociates.com

Email

Affordability Calculator

$2,986
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
--
Monthly 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
5248196 Elementary School
1905005 Middle School
Bakersfield High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$485,000 Listed Price

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1316 H Street, Bakersfield, CA, 93301 is a Multi-Family Home for sale at $485,000 with 3,212 sqft. 1316 H Street is a studio with 0.0 baths and was built in 1915. The property's zip code is 93301 which is in Bakersfield, CA