Offered at $1,640,000, 5201 Demaret is a well-maintained 16-unit apartment complex located in Southwest Bakersfield near the California Avenue office corridor and major retail centers. Built in 1970 and totaling approximately 10,980 square feet, the property generates a gross scheduled income of $181,860 annually. The seller has cared for the building to a high standard, including recent exterior paint and ongoing upkeep. This asset presents an attractive opportunity for investors seeking cash flow in a strong rental submarket
Pending
Price cut: $60K (7/15)
$1,640,000
5201 Demaret Ave, Bakersfield, CA 93309
--beds
--baths
10,980sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$1,564,600 Zestimate®
$149/sqft
$-- HOA
What's special
Recent exterior paint
- 25 days
- on Zillow |
- 564 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 08:54am
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Source: Bakersfield AOR,MLS#: 202507547

Travel times
Facts & features
Interior
Interior area
- Total structure area: 10,980
- Total interior livable area: 10,980 sqft
Property
Parking
- Parking features: Open, Other
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.56 Acres
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1970
Community & HOA
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $149/sqft
- Date on market: 7/7/2025
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