1210 Oregon Street Bakersfield, CA $ 449,999
1210 Oregon Street
$ 449,999
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1210 Oregon Street

Bakersfield, CA, 93305
$ 449,999
Baths0.0 Sq 2,046

Monthly Estimate*

$ 2,841

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $449,999. This 2,046 square foot home was built in 1954.

We are pleased to present a four unit multifamily property with strong value add potential, ideal for a first time buyer. The offering features spacious one bedroom one bath units that support consistent occupancy and long term rentability. One unit has been fully renovated with new flooring, fresh paint, creating a true move in ready unit. Ideal for an owner occupant looking to step into their first investment or lease it at market rent to generate income from day one. The remaining units offer clear upside through interior upgrades and rent growth as the asset is repositioned. Add income by revitalizing the laundry area with new machines, creating an additional revenue stream while boosting tenant appeal and the property's overall market value.BONUS DEVELOPMENT OPPORTUNITY:The property is zoned R-3 with a base density of 6 units. With California's State Density Bonus Law (SB181) and AB1287 (2023), the site has a high-density potential from 8 up to 12 units (Buyer to verify).

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Multi-Family Pending

Price

$ 449,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

4 Units

Year Built

1954

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202604769

Features
General
Living Area 2046.00
Year Built 1954
Neighborhood Old Town Kern
Subdivision Bakersfield
Stories Count 1
Property Subtype 4 Units
Parcel Number 01510014
Gross Income 44000.00
County Kern
Net Operating Income 28805.00
Property Type Residential Income
Close Price 0.00
Status Pending
High School East
City Bakersfield
Disclosures None of the Above
Number Of Units Total 4
MLS Area 31
Lot Size Units SqFt
Lot Size Square Feet 7405.00
Elementary School Jefferson_Bak
Cap Rate 0.06
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Exterior
Parking Features Other
Garages 0
Parking 4.00
Lot Size Source (Assessor)
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Internal Only
Street Number 1 1210
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* Excluded Features
List By
Esteban Contreras

Listing Agent

Watson Realty

Broker

esteban@vanguardrealtyinvestments.com

Email

Affordability Calculator

$2,841
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,841
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
5238341 Elementary School
5243010 Middle School
East High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$449,999 Listed Price

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1210 Oregon Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $449,999 with 2,046 sqft. 1210 Oregon Street is a studio with 0.0 baths and was built in 1954. The property's zip code is 93305 which is in Bakersfield, CA