Refine Search
Sort by
$450,000
8 Beds 4 Baths SR26194457 MLS Active Status
Introducing a well maintained quadplex offering an excellent opportunity to expand your real estate portfolio. Built in 1992, this income producing property features four 2-bedroom, 1-bath units, each with its own separate utility meters, personal private patio's, 2-car garage, providing convenience for tenants and simplified management for owners. Each unit features a clean, functional kitchen with plenty of cabinetry and practical space. All homes has gas fireplace, dual double-pane windows, attached two car garage with direct access to each unit, and personal washer+dryer hook up's for each tenant. The property is set up as two side-by-side dwellings featuring a total of approximately 3,330 square feet of living space on a nearly 10,000-square-foot lot, making it an attractive option for both seasoned and first-time investors. You are within a short drive to Edward AFB and within minutes of Tierra del Sol Golf Club, Central Park, and short drive to Hwy 14. California City has massive growth potential from neighboring aerospace hubs and the dozens of new housing projects recently approved by the city! Whether you’re looking to generate steady rental income or add a solid multi-family asset, this is an opportunity worth exploring!

8924 N Loop, California City

$695,000
AR26187823 MLS Active Status
INVESTMENT OPPORTUNITY: In a well-maintained 4-Plex, located in Southwest Bakersfield's area and desirable Wible Orchard neighborhood. Built in 1985, this 2-story quadruplex sits on a quiet cul-de-sac with an 8,079 sq ft lot. Three units are currently occupied with established tenants. There is one fully furnished unit that has been successfully used as a seasonal rental. You have the option to rent it out or make it an owner-occupied unit. This flexibility makes it attractive for short-term workers, corporate housing, or long-term tenants. Please note: Furniture is not included in the sale of the property, but it can be negotiated. Currently 3 of 4 units occupied. Location Advantages: Located in a growing neighborhood just south of downtown Bakersfield, with three shopping centers within 0.8 miles, diverse dining options on New Stine Road and California Avenue, nearby parks, and proximity to Cal State Bakersfield and Bakersfield College.

2801 Morin Court, Bakersfield

$585,000
SR26185517 MLS Active Status
Excellent 4-unit investment opportunity with all units currently rented and generating income! This property features a desirable unit mix consisting of Unit A: 2 Bedrooms / 1 Bathroom - Unit B: 3 Bedrooms / 1 Bathroom - Unit C: 2 Bedrooms / 1.5 Bathrooms - Unit D: 3 Bedrooms / 1.5 Bathrooms**** All units have newer **A/C units installed in 2021** Unit A also has a cooler.* Each unit features **indoor laundry** and a **private patio**. **** 1 designated parking space** inside the property for each unit.* All units**remodeled in 2022** and feature **granite countertops*** **Tile flooring** throughout the units, with **LVT flooring on the stairs** in Units C & D.* ** Concrete block wall with wrought-iron gates installed in 2022. All units have been **painted throughout the interior**With all four units occupied, this is a great opportunity for an investor looking to add an **income-producing multifamily property** to their portfolio. **Don’t miss out on this investment opportunity!**

237 Dr Martin Luther King Jr, Bakersfield

$595,000
SR26168945 MLS Active Status
Excellent investment opportunity! This is what both new & experienced investors are looking for to make their money work for them. Beautiful 4 unit apartment building hot on the market. Each unit is a stunning 2 bedroom, 1 bathroom apartment with new wood flooring, tile flooring, ceiling fans, granite counter-tops, electric stove, dishwasher, new A/C units, new water heaters including washer/dryer hook-ups. Great floorplan layout, lots of open parking spaces in a gated lot, peaceful & quiet location and conveniently located to shopping, restaurants, public transportation and downtown Bakersfield. Three units are occupied and one new tenant on the way. All three are collecting their current rental incomes. Do not let this opportunity pass you by, this is investment gold! Get your offers in today!

1316 Flower Street, Bakersfield

$310,000
CV26137691 MLS Active Status
THIS FOUR ON A LOT PROPERTY IS ON AUTO-PILOT, MGMNT CO HANDLES EVERYTHING. Exceptional multi-unit investment opportunity in the heart of Ridgecrest! This Four on a lot offers four individual homes on a 13,504 sq ft lot, totaling 2,568 sq ft of living space. Each home provides comfortable layouts with strong rental demand and low turnover in a stable desert community. Front homes are 2/1, rear homes 1/1 . Built in 1959, the property has stood the test of time and continues to perform with consistent occupancy and a 6.8% annual ROI. Tenants enjoy ample off-street parking, and convenient proximity to shopping, dining, and the Naval Air Weapons Station China Lake. Perfect for investors seeking reliable income with minimal management headaches. A local property management company oversees day-to-day operations, making this a turnkey asset with dependable cash flow and future upside potential. With a mix of strong market rents and steady demand from the Ridgecrest workforce, this property is ideal for anyone looking to grow or diversify their portfolio in a high-yield, low-maintenance market.

128 W Haloid, Ridgecrest

$599,000
SR26130073 MLS Active Status
Excellent investment opportunity in the heart of Bakersfield! This well-maintained four-unit apartment building features four spacious 2-bedroom, 1-bath units, offering strong rental demand and excellent income potential. The property includes approximately 3,442 square feet of living space with ample on-site parking and convenient access to schools, shopping, dining, medical facilities, and major commuter routes. The functional floor plans, washer/dryer hookups, and desirable unit layouts make this property attractive to both tenants and investors alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking an income-producing asset, this multi-family property offers tremendous upside and long-term value. Don't miss the opportunity to own a cash-flowing asset in a growing rental market.

1308 Flower, Bakersfield

$600,000
SR26095654 MLS Active Status
Exceptional investment opportunity in Bakersfield! 1304 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with ONE vacant and updated unit ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The vacant unit is move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1300 Flower Street, another fourplex featuring two vacant updated units and two occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.

1304 Flower, Bakersfield

$600,000
SR26095280 MLS Active Status
Exceptional investment opportunity in Bakersfield! 1300 Flower Street is a well-maintained fourplex featuring four 2-bedroom, 1-bath units, with TWO vacant and fully updated units ready for immediate occupancy. Perfect for an owner-occupant looking to live in one unit while generating income from the others, or for an investor seeking strong rental potential with market-rate upside. The updated vacant units are move-in ready, making tenant placement quick and easy. Property is ideally being sold together with neighboring 1304 Flower Street, another fourplex featuring one vacant unit and three occupied units, creating a rare side-by-side 8-unit investment opportunity. Conveniently located near downtown Bakersfield with easy access to shopping, schools, restaurants, parks, and freeways. Great opportunity for investors or buyers looking to maximize cash flow and long-term potential.

1300 Flower, Bakersfield

$474,000
SR26060538 MLS Active Status
Don't miss out on this fantastic Four-plex opportunity in Alta Vista area ! property is generating income from all four units are fully leased property. Property features 600 Quincy 1/2- 1 studio, 602 Quincy - 1 bedroom and 1 bathroom 1611 Kern St 1 bedroom and 1 bathroom is completely separate from main building giving a lot of privacy since is a standalone unit. 600 Quincy St is 3 bedrooms and 1 bathroom This is the perfect investment for steady cash flow. Its prime location near downtown offers easy access to shopping, restaurants, and entertainment venues making it an attractive choice for potential tenants. Seller replaced wood siding for stucco on both buildings and newer windows. Property to be sold with tenants in place. Please don't disturb tenants.

600 Quincy, Bakersfield

$584,900
DW25181414 MLS Active Status
Phenomenal Turnkey Investment Opportunity in the Heart of the City! Attention investors and portfolio builders: This fully occupied, high-performing 4-unit residential income property offers immediate cash flow from day one. Situated in a prime, high-demand location right in the center of town, this asset combines rock-solid rental history with effortless management. The Property Profile The property features a highly rentable unit mix designed to appeal to a wide range of long-term tenants: Two (2) Spacious 2-Bedroom, 1-Bathroom Units Two (2) Efficient 1-Bedroom, 1-Bathroom Units 4 Dedicated Carport Parking Spaces (one for each unit) Premium Investment Appeal & Strong Financials 100% Fully Occupied: Skip the headache of lease-ups and immediate vacancy costs. Every single unit is occupied by reliable tenants paying great market rents (see attached rent schedule for full breakdown). Ultimate Tenant-Paid Utilities: Maximize your net operating income (NOI)! Tenants are fully responsible for paying their own power, trash, and water, keeping landlord overhead remarkably low. Unbeatable Central Location: Positioned in a high-walkability pocket close to absolutely everything. Tenants enjoy seamless proximity to public transit, diverse dining options, stores, and local attractions. This central convenience guarantees historically low vacancy rates and consistent long-term demand. Whether you are looking to execute a 1031 exchange or expand your local real estate portfolio, this property is a proven money-maker that checks every single box for passive wealth building. Showing Instructions: Property is fully occupied. Do not disturb tenants. Strict appointment required for all showings. Contact listing agent to schedule.

8616 N Loop Boulevard, California City

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.