Two-Duplex Income
For Sale
$769,000
113 Beardsley Ave, Bakersfield, CA 93308
Two duplex buildings on one lot, with consistent two-bedroom layouts and attached single-car garages.
Property Size3,768 SF
Price / SF$204.09
Days on Market52
Property Features for 113 Beardsley Ave
General Information
Standard status
Active
Size
3,768 SF
Property subtype
Residential Income
Additional Details
Gross Income
$74,400
Multifamily Units
4
Building Details
Buildings
2
Listing Agency:
Executive, REALTORS
(661) 836-5015
Listed By:
Mohammad Ali Hammad
(661) 246-6648
Source:
Exprealty
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 26 at 6:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Executive, REALTORS
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Investment Insights
Based on property information with market context.
This residential income property comprises two duplex buildings situated on a single lot in Bakersfield. The improvements contain 3,768 square feet in total, with each unit configured as two bedrooms and one bathroom. Every unit also includes a one-car garage, providing dedicated parking and storage for residents.
Located at 113 Beardsley Ave, the property offers a multi-unit configuration within an established residential setting. The repeated floor plan and attached garage component create a consistent layout across the units, while the two-building arrangement provides a straightforward duplex ownership structure.
Located at 113 Beardsley Ave, the property offers a multi-unit configuration within an established residential setting. The repeated floor plan and attached garage component create a consistent layout across the units, while the two-building arrangement provides a straightforward duplex ownership structure.
Key Highlights
- Two duplex buildings located on one lot
- 3,768 square feet of total property size
- Each unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,830
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,600
$976.6K
Cap Rate 7%
$697,571
$697.6K
Cap Rate 9%
$542,556
$542.6K
Market Conditions
NOI Build-Up for 3,768 SF
Gross rent
$74.6K $19.80/SF
− Vacancy
−$4.8K −$1.29/SF
EGI
$69.8K $18.51/SF
− OpEx
−$20.9K −$5.55/SF
NOI
$48.8K $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%
$976,600
Cap Rate 7%
$697,571
Cap Rate 9%
$542,556
Alternative Uses
Best Use
Multifamily LT 5
$697.6K
$610.4K – $813.8K
NOI $48,830 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$647.9K
$566.9K – $755.9K
NOI $45,351 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$999.9K
$874.9K – $1.17M
NOI $69,994 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two duplex buildings on one lot, with consistent two-bedroom layouts and attached single-car garages.
Where is this duplex located?
The property is located at 113 Beardsley Ave Bakersfield, CA.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Two duplex buildings located on one lot; 3,768 square feet of total property size; Each unit includes 2 bedrooms and 1 bathroom
