1018 Miller Street Bakersfield, CA $ 1,100,000
1018 Miller Street
$ 1,100,000
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1018 Miller Street

Bakersfield, CA, 93305
$ 1,100,000
Baths0.0 Sq 3,808

Monthly Estimate*

$ 6,946

1018 Miller Street, Bakersfield, CA 93305 - Image 1
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Studio

Multi-Family Home for sale in Bakersfield, CA

for $1,100,000. This 3,808 square foot home was built in 1950.

Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 - 10 Units

Year Built

1950

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202607255

Features
General
Living Area 3808.00
Year Built 1950
Neighborhood Old Town Kern
Subdivision Bakersfield
Stories Count 2
Property Subtype 5 - 10 Units
Parcel Number 01540006
Gross Income 103560.00
County Kern
Net Operating Income 67314.00
Property Type Residential Income
Close Price 0.00
Status Active
High School East
City Bakersfield
Disclosures None of the Above
Number Of Units Total 10
MLS Area 31
Lot Size Units SqFt
Lot Size Square Feet 10018.00
Elementary School Williams_Bak
Cap Rate 0.06
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Exterior
Parking Features Other
Garages 0
Parking 0.00
Lot Size Source (Public Record)
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Internal Only
Street Number 1 1018
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* Excluded Features
List By
Eric VanDenk

Listing Agent

Central Valley Property Adviso

Broker

eric@centralvalleypropertyadvisors.com

Email

Affordability Calculator

$6,946
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,946
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
5289872 Elementary School
5243010 Middle School
East High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$1,100,000 Listed Price

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1018 Miller Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $1,100,000 with 3,808 sqft. 1018 Miller Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 93305 which is in Bakersfield, CA