1905 California Avenue Bakersfield, CA $ 2,880,000
1905 California Avenue
$ 2,880,000
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1905 California Avenue

Bakersfield, CA, 93304
$ 2,880,000
Baths0.0 Sq 16,668

Monthly Estimate*

$ 18,185

1905 California Avenue, Bakersfield, CA 93304 - Image 1
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Studio

Multi-Family Home for sale in Bakersfield, CA

for $2,880,000. This 16,668 square foot home was built in 1964.

1905 California Avenue presents a rare opportunity to acquire a 24-unit multifamily asset in the heart of Bakersfield, California. The property consists of a desirable unit mix of nineteen (19) 2-bedroom/1-bath units, four (4) 1-bedroom/1-bath units, and one (1) 3-bedroom/1-bath unit, providing broad tenant appeal. The asset currently generates over $280,000 in gross annual income, offering investors immediate cash flow with the potential for future revenue growth through continued rent optimization and operational efficiencies. Located along a major Bakersfield corridor with convenient access to employment centers, retail amenities, schools, and transportation routes, the property benefits from strong rental demand within a growing Central Valley market. This offering represents an attractive value-add and long-term hold opportunity for investors seeking scale, income, and upside potential in one of California's most affordable multifamily markets.

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Multi-Family Active

Price

$ 2,880,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

11 Plus

Year Built

1964

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202607254

Features
General
Living Area 16668.00
Year Built 1964
Neighborhood Oleander
Stories Count 2
Property Subtype 11 Plus
Parcel Number 00712015
Gross Income 280380.00
County Kern
Net Operating Income 182247.00
Property Type Residential Income
Close Price 0.00
Status Active
High School Bakersfield
City Bakersfield
Disclosures None of the Above
Number Of Units Total 24
MLS Area 10
Lot Size Units SqFt
Lot Size Square Feet 19166.00
Elementary School Penn William
Middle/Junior High School Emerson
Cap Rate 0.06
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Exterior
Parking Features Carport
Garages 0
Parking 0.00
Lot Size Source (Public Record)
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Internal Only
Street Number 1 1905
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* Excluded Features
List By
Eric VanDenk

Listing Agent

Central Valley Property Adviso

Broker

eric@centralvalleypropertyadvisors.com

Email

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$18,185
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,185
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
7/7/2026$2,880,000 Listed Price

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1905 California Avenue, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $2,880,000 with 16,668 sqft. 1905 California Avenue is a studio with 0.0 baths and was built in 1964. The property's zip code is 93304 which is in Bakersfield, CA