The median home value in Bakersfield, CA is $360,000.
This is
higher than
the county median home value of $292,000.
The national median home value is $308,980.
The average price of homes sold in Bakersfield, CA is $360,000.
Approximately 56% of Bakersfield homes are owned,
compared to 37% rented, while
7% are vacant.
Bakersfield real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Bakersfield real estate agent to arrange a tour today! Learn more about Bakersfield.
Oswell Townhouses presents an exceptional investment opportunity, combining modern living with significant growth potential. This turnkey property comprises of the first phase of the 30 unit complex completed. This 1st phase consists of 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. Tenants are drawn to the high-quality, condo-style living experience, complete with private patios, in-unit washers and dryers, and tasteful upgrades throughout. What sets Oswell Townhouses apart is its strategic position in a market not subject to rent control in 2024, providing a rare chance for investors to capitalize on this advantage with rent increases due in June. Furthermore, the property includes nearly an acre of land with the potential to develop an additional 19 townhouse units, dramatically increasing rental income possibilities. Currently yielding $191,000 in annual gross income with room for growth, Oswell Townhouses stands out as a prime investment for those looking to expand their portfolio with a property that offers both immediate returns and future expansion potential.
Bread and butter 5 units sitting on a 0.70 acre lot with a C-2, R-2 zoning generating just under $5,000 in monthly rental income. Wonderful opportunity to own this piece of real estate that has steady income with low maintenance and high returns. Property consists of 4 one bed one bath units, 1 two bed one bath unit and 1 manufactured home. In addition, there are endless possibilities to explore, as you can add more units and maximize your investment, as the zoning and lot size allows for more units that can be built/added comfortably. Don't sleep on this one and add this income producing property to your portfolio today!
Large piece of agricultural land perfecr for a farmer, vinter or to use as ranch, on30,13 acres of flat land, The entire property has a full irrigation system. Could be perfect to possibly grow grapes. There is a water well 700 feet deep and there are two 15,000 gallon tanks. There is a mobile home on the property. Not sure it is still present. The land is in a section near the city of Lamont. Property is fenced and gated although the gate is usually open. Buyer is to do their own investigations. Seller and Brokers (and Agents) make no guarantees or warranties..
Renovated Hotel/Motel 28 units!! Great for first time hotel owner operator or investor. The Motel has an empty lot with a lot of potential for growth! Property has new roofing, doors, lighting, windows, bathrooms, water lines, water heaters, electrical, mini splits, and so much more! Contact us today for a showing!
Hard corner, flat, rectangular shaped parcel at a signalized intersection. Presently zoned C-2 (Commercial Retail) scheduled to allow for mixed use of Commercial Retail and High Density Residential.This parcel can be purchased with adjoining 10+/- acre parcel zoned M-1 APN 413-020-50
Vacant, Flat, rectangular shaped parcel at a signalized intersection. Presently zoned M-1 (Light Industrial) Scheduled to convert to a Mixed Use designation to allow development of Light Industrial and High Density Residential. Subject property can be purchased with adjoining 10 parcel, zoned C-2 (Commercial Retail) APN413-020-49
The park has a permit for 25 units, 4 apartments, and 21 trailer spaces. 2 of the apartments were demolished, and 4 spaces were doubled up. The 2 demolished apartment spaces are used as trailer spaces, thus bringing 2 apartments and 21 spaces available for rent. Rents are low with growth potential. The park is on a septic system, thus no sewer charges; tenants pay for the electricity, and the park pays for water. In 2024, the gas lines on master meters will convert to individual meters so tenants can be billed separately for usage. The park pays for the gas and electricity for the laundry facility. The laundry machines are coin-operated and maintained by the vendor. Park gets a portion of the laundry income. The park pays for the maintenance and utilities of the common areas. There is plenty of interest in renting the park. Current tenants refer friends and family to the park when a space becomes available. Some of the tenants have been there for over 20 years. The park is children-friendly. 1 mobile home and 1 RV are included in the sale. The rest of the mobile homes or RVs are tenant-own. This park will be sold with 922 S. Union Ave Bakersfield, CA as a package. The parks are priced individually. 922 S. Union's Listing ID is SR23119464
The park has a permit for 62 spaces. It consists of 10 mobile home spaces and 52 large RV spaces. In addition, there is 1 house on Lomita and 1 house on Union. The property consists of 3 separate parcels. 922 S. Union and 908 & 910 Lomita St. The lots on Lomita are large deep lots. The lots' back portion is part of the RV/mobile home park. The house in the front portion of 910 was demolished, and the back portion has 6 spaces. The front portion of 908 has a large house, and the back portion has 9 spaces. 922 south union has 47 spaces and a house in front. The park pays for spaces utilities, but they are sub-metered for electricity, and the new park owner can increase revenue by billing the tenants for it. The park pays for water at a flat rate. The tenants have a month-to-month lease, but they are long-term tenants. The park is located across the street from Golden West Casino and Kern County fairgrounds, which has high traffic, especially on weekends. Since vendors at the fairgrounds set up shop on Friday afternoons for weekend events, the park could be repositioned from long-term to short-term tenancy to cater to these vendors. Similarly, the park can provide short-term tenancy to cater to the Golden West Casino clients. The sale includes 25 park-owned trailers. 4 are unassi
Price Reduction Mandarin/Schezwan Cuisine. Family-owned Local Business for over 20 years Great Castle Restaurant , he had owned and operated his own restaurant in Taiwan for over 20 years. OVER 100 SEATS , Awesome Income BUSINESS. 4000 SQFT. side of property can be use for employer dwell , EXCELLENT INVESTMENT, This property consists of two different parcels - APN 139-261-07 and APN 139-261-03 Also can build Second Building as well
