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Pending
  • Price cut: $60K (7/15)
    $1,640,000

    5201 Demaret Ave, Bakersfield, CA 93309

    --beds
    --baths
    10,980sqft
    : 
    Multi Family
    Built in 1970
    -- sqft lot
    $1,564,600 Zestimate®
    $149/sqft
    $-- HOA

    What's special

    Recent exterior paint
    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
    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#: 202507547MLS Logo
    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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