407 Wasington Avenue Bakersfield, CA ^$ 449,000

407 Wasington Avenue

^$ 449,000

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407 Wasington Avenue

Bakersfield, CA, 93308

^$ 449,000

Studio Baths0.0 Sq 1,152

Monthly Estimate*

^$ 2,765

407 Wasington Avenue, Bakersfield, CA 93308 - Image 1

407 Wasington Avenue, Bakersfield, CA 93308 - Image 2

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $449,000. This 1,152 square foot home was built in 1927.

Brand new 3-unit residential income property fully occupied at closing with all three units leased. Paid-off solar system owned free and clear, reducing operating costs and boosting net income from day one. New construction means current building code, modern finishes, and no deferred maintenance or capital expenditure concerns. All major systems under warranty. Strong rental demand demonstrated by immediate full occupancy. Ideal for the investor seeking a low-management, high-efficiency asset with proven cash flow.

Multi-Family Active

Price

^$ 449,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

3 Units

Year Built

1927

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202603697

Features

General

Living Area 1152.00

Year Built 1927

Neighborhood Oildale

Stories Count 1

Property Subtype 3 Units

Parcel Number 11321212

Gross Income 41340.00

County Kern

Net Operating Income 31548.00

Property Type Residential Income

Close Price 0.00

Status Active

High School North

City Bakersfield

Disclosures None of the Above

Number Of Units Total 3

MLS Area 21

Lot Size Units SqFt

Lot Size Square Feet 5227.00

Elementary School Wingland

Middle/Junior High School Standard

Cap Rate 0.07

Exterior

Parking Features Garage Carport

Garages 0

Parking 0.00

Lot Size Source (Public Record)

Internal Only

Street Number 1 407

* Excluded Features

List By

Michael Izik Melendez

Listing Agent

Central Valley Property Adviso

Broker

michael@centralvalleypropertyadvisors.com

Affordability Calculator

$2,765

Per Month

Monthly Principal & Interest: $2,765
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 ^$762,726

Percent of Sale Price 70%

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.

5244859 Elementary School

4817475 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2026	$449,000		Listed Price

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407 Wasington Avenue, Bakersfield, CA, 93308 is a Multi-Family Home for sale at $449,000 with 1,152 sqft. 407 Wasington 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

*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 4/8/2026. 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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407 Wasington Avenue

Multi-Family Home for sale in Bakersfield, CA

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