$1.06M
Est. $7,017/mo · 20% down · 6.5% · 30yr
1018 Miller Street, Bakersfield, CA, 93305
MLS# 202607255






About this home
Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.
Property Details
$1.06M
Price
0 bd
Bedrooms
3,808 sqft
Living Area
10,018 sqft
Lot Size
1950
Year Built
0 car
Garage
5 - 10 Units
Type
53 days
Days Listed
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Loan Type
Loan Term
Total Monthly (PITI+MI)
$7,958
Principal · Interest · Taxes · Insurance · MI
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Neighborhood Snapshot
Bakersfield · 93305
Market Stats
Active Listings
119
ZIP 93305
Median List Price
$349K
ZIP 93305
Avg Days on Market
89
Bakersfield avg
Sale / List Price
98.5%
avg ratio
Location
1018 Miller Street, Bakersfield, CA, 93305
Listed by: Eric VanDenk, Central Valley Property Advisors
MLS#: 202607255 · Source: Bakersfield AOR
Based on information from Golden Empire MLS, Inc. (a subsidiary of Bakersfield Association of REALTORS®, Inc.). All data is obtained from various sources and has not been verified. Full disclaimer
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