$490,000

1417 Oregon, Bakersfield, CA 93305

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.

Listing Status:
Active
Date Added:
August 18, 2026
Data Last Updated:
August 24, 2026 at 7:12AM
Listing Office:
Side, Inc : 650-273-3832
Listing Agent:
Ashish Gupta : 760-889-4502
MLS ID:
OC26180866
  • A/C: Central Forced Air
  • General: N/K
  • Pool: N/K
  • Roofing: Composition
  • General: Stucco2 Story
  • Originating MLS: California Regional MLS
  • County: Kern
  • Zoning: Assessor01515019008
  • Source: California Regional MLS

This listing courtesy of Ashish Gupta , Side, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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