712 Knotts Street Bakersfield, CA 93305
MULTI_FAMILY - Bakersfield, CA
Property Features for 712 Knotts Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport
- Standard status
- Active
- APN
- 12530114
- Size
- 4,026 SF
- Lot size
- 0.16 Acres
Building Details
- Year built
- 1971
- Floors in Building
- 2
- Number of units
- 4
Listing agent Mike Coronado (661) 330-6646
Listing office eHomes of Bakersfield 5500 Ming Ave, Suite 380, Bakersfield, CA (661) 412-4959
Listing date Apr 21, 2026
Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in East Bakersfield, the property is positioned near schools, shopping, dining, public transportation, and offers easy freeway access with proximity to downtown Bakersfield.
With its remodeled interior finishes and practical on-site parking layout, the property is presented as a turnkey income-producing fourplex.
Key Highlights
- Fully remodeled fourplex built in 1971 with a mix of 3BR/2BA and 2BR units
- Unit mix: 1 front unit (3BR/2BA), 1 unit (2BR/1BA), and 2 units (2BR/1.5BA)
- Updated interiors in each unit: tile flooring, granite countertops, undermount sinks, and tiled showers
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.7k | $19.80 |
| − Vacancy | −$5.2k | −$1.29 |
| EGI | $74.5k | $18.51 |
| − OpEx | −$22.4k | −$5.55 |
| NOI | $52.2k | $12.96 |
