Active
  • $825,000

    401 E California Ave, Bakersfield, CA 93307

    --beds
    --baths
    3,924sqft
    : 
    Multi Family
    Built in 1946
    -- sqft lot
    $790,900 Zestimate®
    $210/sqft
    $-- HOA

    What's special

    Incredible investment opportunity in a high-visibility corner location. This versatile M1-zoned property features a fully leased mixed-use setup with a commercial storefront, a renovated 3 bed/2 bath home, four 1 bed/1 bath casitas (three recently updated), a garage with office/storage space, and income-producing billboard signage. Most units have been upgraded, and all have separate PG&E meters (six total); water is owner-paid. Strong rental history with solid cash flow and upside potential. Located in an established area near downtown Bakersfield with convenient access to major streets and freeways. Ideal for investors seeking steady income and long-term growth in a mixed-use setting. Do not disturb tenants. Drive by only.
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