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    116 Beardsley Ave Bakersfield, CA 93308

    For Sale
    $1,499,000

    14-unit multifamily property with upside potential in Bakersfield, CA.

    Lot size:
    0.45 Acres

    Property Features for 116 Beardsley Ave

    General Information

    Lot size
    0.45 Acres

    Building Details

    Year built
    1969

    Source: JohnHart Real Estate Agent Karine Haneyan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    14-Unit Multifamily Investment Opportunity

    This is a 14-unit multifamily property featuring all 2-bedroom, 1-bath units. The property has been professionally managed for years and tenanted by stable, family-focused residents. There is potential for profit through deferred maintenance upgrades. Most rents are below market and poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month. Each unit is equipped with separate utility meters and individual roof-mounted AC/heating units. Parking is available for each unit, plus at least 2 guest parking spots.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0227947
    Latitude
    35.4052951

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    FAQs

    What type of property is this?
    Apartment building - 14-unit multifamily property with upside potential in Bakersfield, CA.
    Where is this apartment building located?
    The property is located at 116 Beardsley Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Rare 14-unit complex offering significant income potential.; - Substantial revenue upside through rent increases, with potential to reach $1,375 per unit.; - All units are 2 bed / 1 bath, appealing to a broad tenant base.
    (818) 445-8900
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    116 Beardsley Ave Bakersfield, CA 93308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Beardsley Ave Bakersfield, CA 93308
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