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Two-Unit Duplex
New
For Sale
$335,000

110 Washington Avenue, Bakersfield, CA 93308

Residential Income, Bakersfield, CA

Property Size1,606 SF
Lot Size0.13 Acres
Price / SF$208.59
Days on Market2

Property Features for 110 Washington Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Covered
Subdivision Highland Tract Addition
Elementary school Standard
Middle school Standard
High school North
Standard status Active
APN 11326106
Size 1,606 SF
Lot size 0.13 Acres

Building Details

Year built 1977
Floors in Building 1
Number of units 2
Listing Agency: Central Valley Property Advisors
Listed By: Ramon Serrato
Added: Oct 27 Last Checked: Oct 28 at 1:06PM
MLS# 202611346

Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1977 duplex contains two units, each configured with two bedrooms and one bathroom. The building totals 1,606 square feet on a 0.13-acre lot, and covered parking is provided. The rear driveway has been recently paved.

Located at 110 Washington Avenue in Bakersfield, the property is in Kern County, California, with a 93308 postal code. The property information identifies current rents as near market.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,606 square feet of building area on a 0.13‑acre lot
  • Built in 1977

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,812
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,240 $416.2K
Cap Rate 7%
$297,314 $297.3K
Cap Rate 9%
$231,244 $231.2K
Market Conditions
NOI Build-Up for 1,606 SF
Gross rent
$31.8K $19.80/SF
− Vacancy
−$2.1K −$1.29/SF
EGI
$29.7K $18.51/SF
− OpEx
−$8.9K −$5.55/SF
NOI
$20.8K $12.96/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,240
Cap Rate 7%
$297,314
Cap Rate 9%
$231,244

Alternative Uses

Best Use
Multifamily LT 5
$297.3K
$260.2K – $346.9K (±1% cap)
NOI $20,812 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$276.1K
$241.6K – $322.2K (±1% cap)
NOI $19,329 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$426.2K
$372.9K – $497.2K (±1% cap)
NOI $29,833 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 93308, CA

56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers a two-bedroom, one-bath layout, with covered parking serving the property.
Where is this duplex located?
The property is located at 110 Washington Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,606 square feet of building area on a 0.13‑acre lot; Built in 1977
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