Duplex with Two Separate
New
For Sale
$300,000
1200 Pacific Street, Bakersfield, CA 93305
Residential Income, Bakersfield, CA
Property Size1,726 SF
Lot Size0.17 Acres
Price / SF$173.81
Days on Market2
Property Features for 1200 Pacific Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Covered
Subdivision
Bakersfield
Elementary school
Jefferson_Bak
High school
East
Standard status
Active
APN
01506020
Size
1,726 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Buildings
2
Listing Agency:
Watson Realty
(661) 327-5161
Listed By:
William A Gordon
(661) 431-5534
Added: Oct 29
Last Checked: Oct 30 at 5:06AM
MLS# 202611338
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 duplex property brings together two separate homes on a 7,405-square-foot corner parcel. The front residence contains 1,066 square feet, with three bedrooms and one bathroom; the rear home has 720 square feet, two bedrooms and one bathroom. Both homes were built in 1920, and covered parking is available.
The property is near Beale Avenue and Flower Street in Bakersfield. Alley access provides an additional point of entry to the parcel.
The property is near Beale Avenue and Flower Street in Bakersfield. Alley access provides an additional point of entry to the parcel.
Key Highlights
- Two detached residences on a 7,405‑square‑foot corner lot
- Front home: 1,066 square feet, 3 bedrooms and 1 bathroom
- Rear home: 720 square feet, 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,367
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,340
$447.3K
Cap Rate 7%
$319,529
$319.5K
Cap Rate 9%
$248,522
$248.5K
Market Conditions
NOI Build-Up for 1,726 SF
Gross rent
$34.2K $19.80/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$32.0K $18.51/SF
− OpEx
−$9.6K −$5.55/SF
NOI
$22.4K $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%
$447,340
Cap Rate 7%
$319,529
Cap Rate 9%
$248,522
Alternative Uses
Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.8K
NOI $22,367 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$296.8K
$259.7K – $346.2K
NOI $20,774 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$458.0K
$400.8K – $534.4K
NOI $32,062 @ 7.0% cap · market cap 10.69%
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
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences on one parcel provide a combined two-, three-bedroom layout with covered parking and alley access.
Where is this duplex located?
The property is located at 1200 Pacific Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two detached residences on a 7,405‑square‑foot corner lot; Front home: 1,066 square feet, 3 bedrooms and 1 bathroom; Rear home: 720 square feet, 2 bedrooms and 1 bathroom
