132 L Street Bakersfield, CA $ 3,475,000
132 L Street
$ 3,475,000
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132 L Street

Bakersfield, CA, 93304
$ 3,475,000
Bedrooms-- Baths0.0 Sq 20,160

Monthly Estimate*

$ 24,001

132 L Street, Bakersfield, CA 93304 - Image 1
132 L Street, Bakersfield, CA 93304 - Image 2
132 L Street, Bakersfield, CA 93304 - Image 3

Multi-Family Home for sale in Bakersfield, CA

for $3,475,000. This 20,160 square foot home was built in 1971.

Discover an exceptional investment opportunity at 132 L St in Bakersfield, CA 93304. This strategically positioned apartment building is conveniently located near the heart of downtown Bakersfield, promising a desirable urban lifestyle. With a steady cash flow, this property features a total of 33 units, thoughtfully composed of 18 generous one-bedroom residences and 15 meticulously designed studios. Priced under $3,500,000, this asset presents an attractive proposition for both seasoned investors and those entering the real estate market. Notably, there is significant room for rental increase, offering potential for enhanced revenue. Seize the chance to acquire a valuable piece of real estate in a prime location, poised to provide secure returns while offering the potential for further growth. Contact us today to explore this enticing opportunity in Bakersfield, CA.

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Multi-Family Active

Price

$ 3,475,000

Property Type

Multi-Family

Taxes

$ 0

Style

11 Plus

Year Built

1971

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202611697

Features
General
Living Area 20160.00
Year Built 1971
Subdivision The Lowell Addition
Stories Count 1
Property Subtype 11 Plus
Parcel Number 01032131
Gross Income 347232.00
County Kern
Net Operating Income 218523.00
Property Type Residential Income
Close Price 0.00
Status Active
City Bakersfield
Disclosures None of the Above
Number Of Units Total 33
MLS Area 10
Lot Size Units SqFt
Lot Size Square Feet 69173.00
Cap Rate 0.06
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Exterior
Parking Features Uncovered
Garages 0
Parking 0.00
Lot Size Source (Public Record)
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Internal Only
Street Number 1 132
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* Excluded Features
List By
Eric VanDenk

Listing Agent

Central Valley Property Adviso

Broker

eric@centralvalleypropertyadvisors.com

Email

Affordability Calculator

$24,001
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,001
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1904930 Elementary School
1905132 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$3,475,000 Listed Price

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132 L Street, Bakersfield, CA, 93304 is a Multi-Family Home for sale at $3,475,000 with 20,160 sqft. 132 L Street has 0.0 baths and was built in 1971. The property's zip code is 93304 which is in Bakersfield, CA