516 Water Street Bakersfield, CA $ 119,900
516 Water Street
$ 119,900
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516 Water Street

Bakersfield, CA, 93305
$ 119,900
Bedrooms1 Baths1.0 Sq 640

Monthly Estimate*

$ 757

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Single Family Home for sale in Bakersfield, CA

for $119,900 with 1 bedroom and 1 full bath. This 640 square foot home was built in 1942 on a lot size of 0.16.

Investment Opportunity, Only $119,900!Don't miss this affordable investment property with long-term tenants already in place, providing immediate rental income. The current tenants have occupied the home since September 2020, making this an excellent opportunity for investors seeking steady cash flow. Situated on an R-2 zoned lot, this property offers exciting future potential. The home features 3 rooms (one with a closet), a living room, 1 full bathroom, washer and dryer hookups, a carport, and RV parking. While the home does need repairs, it has been an excellent value with upside potential, conveniently located near shopping centers, schools, churches, and other everyday amenities. Whether you're looking to expand your investment portfolio or capitalize on the property's feature development potential, this is an opportunity you don't want to miss!

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Single Family Active

Price

$ 119,900

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.16

Year Built

1942

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202606900

Features
General
Living Area 640.00
Pool Features None
Year Built 1942
Neighborhood Jefferson Park
HOA Fee 0.00
Subdivision Keith Addition
Stories Count 1
Property Subtype Single Family Residence
Parcel Number 12508011
County Kern
Property Type Residential
Full Baths 1
Close Price 0.00
Status Active
Directions From Beale Ave go West on Water St. The property will be on the north side of the street.
High School East
City Bakersfield
Disclosures Subject To: None of the Above
RV Parking Yes
Zoning Description R2
MLS Area 31
Lot Size Units SqFt
Lot Size Square Feet 6969.00
Elementary School Noble Myra A.
Middle/Junior High School Washington
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Exterior
Lot Depth 0
Parking Features Carport
Lot Size Acres 0.1600
Lot Size Source (Public Record)
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Interior
Total Fireplaces 0
Half Baths 0
3/4 Baths 0
Total Bedrooms 1
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Maria Belen Gonzalez

Listing Agent

Kathy Kotsiomitis Realty

Broker

belenyourrealtor@gmail.com

Email

Affordability Calculator

$757
Per Month
100%
0%
0%
Monthly Principal & Interest
$757
Monthly Property Taxes
--
Monthly Home Insurance
--
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
5266495 Elementary School
5235827 Middle School
East High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$119,900 Listed Price

Map


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516 Water Street, Bakersfield, CA, 93305 is a Single Family Home for sale at $119,900 with 640 sqft and a lot size of 0.16. 516 Water Street has 1 bedrooms, 1.0 baths, and was built in 1942. The property's zip code is 93305 which is in Bakersfield, CA