1612 1st street Bakersfield CA 93304 MLS #IV25164851

There are multiple listings for this address:
1612 1st street
Bakersfield, CA, 93304
$1,650,000
Beds
0 Baths
SqFt
0.63 Acres
$1,650,000
1612 1st street
Bakersfield, CA, 93304
MLS #IV25164851 image #0MLS #IV25164851 image #1MLS #IV25164851 image #2MLS #IV25164851 image #3MLS #IV25164851 image #4MLS #IV25164851 image #5MLS #IV25164851 image #6MLS #IV25164851 image #7MLS #IV25164851 image #8MLS #IV25164851 image #9MLS #IV25164851 image #10MLS #IV25164851 image #11MLS #IV25164851 image #12MLS #IV25164851 image #13MLS #IV25164851 image #14MLS #IV25164851 image #15
This charming Spanish-style 10-unit apartment property in Bakersfield presents a rare and beautiful value-add investment opportunity. Theproperty features distinctive Spanish cottage architecture with red-tile roofs, arched entryways, and lush landscaping that exudes curb appeal andtimeless character. Each unit is thoughtfully designed with spacious layouts and classic details that attract quality tenants. With strong in-placecash flow, the investor can enjoy immediate income from a stabilized rental base in a high-demand submarket. What sets this opportunity apart isthe significant upside potential through the conversion of eight detached garages. The investor has the option to create new revenue streams byconverting the garages into rentable accessory dwelling units (ADUs), tapping into the growing demand for affordable housing in Bakersfield.Alternatively, the garages can be leased as storage units for additional monthly income. This flexible value-add strategy offers both immediate andlong-term income growth, making it an ideal opportunity for a savvy investor looking to capitalize on both yield and appreciation in a growingCentral Valley market.

Property Details

Price:
$1,650,000
MLS #:
IV25164851
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Multi Family
Neighborhood:
bksfbakersfield
Listed Date:
Jul 22, 2025
Lot Size:
27,443 sqft / 0.63 acres (approx)
Year Built:
1940
Bksfbakersfield

Schools

Interior

Exterior

Fencing
Wood
Parking Spots
8.00
Stories Total
2

Financial

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Ask a Question
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

More About James

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Map

Current real estate data for Residential Income in Bakersfield as of Aug 05, 2025
35
Residential Income Listed
121
Avg DOM
$1,065,440
Avg List Price

Community

Subdivisions in Bakersfield

Similar Listings Nearby

Property Summary

    1612 1st street Bakersfield CA is a Residential Income for sale in Bakersfield, CA, 93304. It is listed for $1,650,000 To schedule a showing of MLS#iv25164851 at 1612 1st street in Bakersfield, CA, contact your James Outland agent at 8057482262.
1612 1st street
Bakersfield, CA
1612 1st street
Bakersfield, CA, 93304
$1,650,000
Beds
0 Baths
SqFt
0 Acres
$1,650,000
1612 1st street
Bakersfield, CA, 93304
MLS #IV25165693 image #0MLS #IV25165693 image #1MLS #IV25165693 image #2MLS #IV25165693 image #3MLS #IV25165693 image #4MLS #IV25165693 image #5MLS #IV25165693 image #6MLS #IV25165693 image #7MLS #IV25165693 image #8MLS #IV25165693 image #9MLS #IV25165693 image #10MLS #IV25165693 image #11MLS #IV25165693 image #12MLS #IV25165693 image #13MLS #IV25165693 image #14MLS #IV25165693 image #15
This charming Spanish-style 10-unit apartment property in Bakersfield presents a rare and beautiful value-add investment opportunity. Theproperty features distinctive Spanish cottage architecture with red-tile roofs, arched entryways, and lush landscaping that exudes curb appeal andtimeless character. Each unit is thoughtfully designed with spacious layouts and classic details that attract quality tenants. With strong in-placecash flow, the investor can enjoy immediate income from a stabilized rental base in a high-demand submarket. What sets this opportunity apart isthe significant upside potential through the conversion of eight detached garages. The investor has the option to create new revenue streams byconverting the garages into rentable accessory dwelling units (ADUs), tapping into the growing demand for affordable housing in Bakersfield.Alternatively, the garages can be leased as storage units for additional monthly income. This flexible value-add strategy offers both immediate andlong-term income growth, making it an ideal opportunity for a savvy investor looking to capitalize on both yield and appreciation in a growingCentral Valley market.

Property Details

Price:
$1,650,000
MLS #:
IV25165693
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
bksfbakersfield
Listed Date:
Jul 22, 2025
Year Built:
1940
Bksfbakersfield

Schools

Interior

Exterior

Fencing
Wood
Parking Spots
8.00
Stories Total
2

Financial

Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

More About James

Mortgage Calculator

 

Map

Current real estate data for Commercial in Bakersfield as of Aug 05, 2025
35
Commercial Listed
121
Avg DOM
$1,065,440
Avg List Price

Community

Subdivisions in Bakersfield

Similar Listings Nearby

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$1,800,000

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MLS# PI25002387broker reciprocity
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$1,699,999

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Property Summary

    1612 1st street Bakersfield CA is a Commercial for sale in Bakersfield, CA, 93304. It is listed for $1,650,000 To schedule a showing of MLS#iv25165693 at 1612 1st street in Bakersfield, CA, contact your James Outland agent at 8057482262.