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Two-Unit Duplex with Covered Parking
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 Market149

Property Features for 110 Washington Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Covered
Elementary school Standard
Middle school Standard
High school North
Subdivision 21
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: May 11 Changed: Sep 14 Last Checked: Oct 6 at 2:06PM
MLS# 202605206

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.

Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bath units within a 1,606-square-foot residential property. Built in 1977, the building includes covered parking and a freshly paved back driveway. The 0.13-acre lot provides the setting for the two-unit configuration.

Located at 110 Washington Avenue in Bakersfield, California, the property is in ZIP code 93308 and Kern County. Its existing duplex layout offers a clearly defined residential income property with two separate units under one ownership structure.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • 1,606 square feet of building area
  • 0.13‑acre lot

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.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units share a freshly paved back driveway and covered parking.
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 2‑bedroom, 1‑bath units; 1,606 square feet of building area; 0.13‑acre lot
More about this property
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