$490,000
Est. $3,243/mo · 20% down · 6.5% · 30yr
1417 Oregon Street, Bakersfield, CA, 93305
MLS# 202608881






About this home
Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.
Property Details
$490,000
Price
0 bd
Bedrooms
3,920 sqft
Lot Size
2024
Year Built
0 car
Garage
Duplex
Type
12 days
Days Listed
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$3,743
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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
1417 Oregon Street, Bakersfield, CA, 93305
Listed by: Ash K Gupta, The Gupta Group- Emerge Real Estate
MLS#: 202608881 · 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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