220 Moneta Avenue Bakersfield, CA $ 409,999
220 Moneta Avenue
$ 409,999
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220 Moneta Avenue

Bakersfield, CA, 93308
$ 409,999
Baths0.0 Sq 1,686

Monthly Estimate*

$ 2,524

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $409,999. This 1,686 square foot home was built in 1927.

Excellent investment opportunity with this fully remodeled duplex located next door to 222 Moneta Ave in Bakersfield. Both units have been recently updated with new cabinets, upgraded flooring, modern light fixtures, and fresh interior paint. The exterior has also been freshly painted, and the property features updated HVAC units and brand-new windows offering low maintenance and minimal deferred expenses.The property is currently generating $3,150 per month in rental income, providing immediate cash flow from day one.Each unit has its own separate gas and electricity meters, helping reduce landlord utility expenses and maximize net operating income.Portfolio Opportunity: The triplex next door is also available for sale creating a rare opportunity to own five total units side-by-side for expanded cash flow and long-term appreciation.Ideal for investors seeking a stabilized, turnkey asset with strong rental performance.

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Multi-Family Active

Price

$ 409,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

2 homes on 1 Lot

Year Built

1927

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202602303

Features
General
Living Area 1686.00
Year Built 1927
Neighborhood Oildale
Subdivision Riverview
Stories Count 1
Property Subtype 2 homes on 1 Lot
Parcel Number 11404124
Gross Income 37800.00
County Kern
Net Operating Income 31692.00
Property Type Residential Income
Close Price 0.00
Status Active
High School North
City Bakersfield
Disclosures None of the Above
Number Of Units Total 2
MLS Area 21
Lot Size Units SqFt
Lot Size Square Feet 6534.00
Elementary School Standard
Middle/Junior High School Standard
Cap Rate 0.08
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Exterior
Parking Features Uncovered
Garages 0
Parking 0.00
Lot Size Source (Public Record)
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Jaime Mendez

Listing Agent

Exp Realty Of California Inc

Broker

jaimemendez405@gmail.com

Email

Affordability Calculator

$2,524
Per Month
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Monthly Principal & Interest
$2,524
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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
4870975 Elementary School
4817475 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$409,999 Listed Price

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220 Moneta Avenue, Bakersfield, CA, 93308 is a Multi-Family Home for sale at $409,999 with 1,686 sqft. 220 Moneta Avenue is a studio with 0.0 baths and was built in 1927. The property's zip code is 93308 which is in Bakersfield, CA