5716 Castlegate Lane Bakersfield, CA ^$ 560,000

5716 Castlegate Lane

^$ 560,000

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5716 Castlegate Lane

Bakersfield, CA, 93308

^$ 560,000

Studio Baths0.0 Sq 2,782

Monthly Estimate*

^$ 3,536

5716 Castlegate Lane, Bakersfield, CA 93308 - Image 1

5716 Castlegate Lane, Bakersfield, CA 93308 - Image 2

Studio

Multi-Family Home for sale in Bakersfield, CA

for $560,000. This 2,782 square foot home was built in 2003.

Offered at $560,000, 5716-5718 Castlegate Lane presents an excellent investment opportunity in desirable Northwest Bakersfield. Built in 2003, this duplex offers approximately 2,782 square feet and consists of two spacious townhouse-style units, each featuring three bedrooms, two-and-a-half bathrooms, an attached two-car garage, and laundry hookups. Current monthly rents are $1,485 and $2,125, providing combined monthly income of $3,610 with potential rental upside. The adjacent duplex at 5706-5708 Castlegate Lane is also available for purchase, creating a rare opportunity for an investor to acquire two neighboring duplexes and a total of four units in one convenient location.

Multi-Family Active

Price

^$ 560,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Year Built

2003

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202607609

Features

General

Living Area 2782.00

Year Built 2003

Neighborhood Olive Estates

Subdivision Lot Line Adjustment No 12 95

Stories Count 2

Property Subtype Duplex

Parcel Number 36417071

Gross Income 43320.00

County Kern

Net Operating Income 27587.00

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 61

Lot Size Units SqFt

Lot Size Square Feet 7841.00

Elementary School San Lauren

Middle/Junior High School Beardsley

Cap Rate 0.05

Exterior

Parking Features Garage

Garages 2

Parking 0.00

Lot Size Source (Public Record)

Internal Only

Street Number 1 5716

* Excluded Features

List By

Marc A Thurston

Listing Agent

Asu Commercial

Broker

thurston@asuassociates.com

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$3,536

Per Month

Monthly Principal & Interest: $3,536
Monthly Property Taxes: --
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

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$875,251

Percent of Sale Price 56%

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.

5238203 Elementary School

5237778 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2026	$560,000		Listed Price

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5716 Castlegate Lane, Bakersfield, CA, 93308 is a Multi-Family Home for sale at $560,000 with 2,782 sqft. 5716 Castlegate Lane is a studio with 0.0 baths and was built in 2003. 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 6.49% 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.

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 7/18/2026. 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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5716 Castlegate Lane

Multi-Family Home for sale in Bakersfield, CA

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