Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2704 Cornell St Bakersfield, CA 93305

    For Sale
    $1,990,000

    Well-maintained 17-unit property in high-demand Bakersfield rental market.

    Lot size:
    0.62 Acres

    Property Features for 2704 Cornell St

    General Information

    Lot size
    0.62 Acres

    Building Details

    Year built
    1967

    Source: Central Valley Property Advisors Agent Eric Van Denk

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

    Overview

    Multi-Family Investment Opportunity in Bakersfield

    This multi-family property at 2700 Cornell St, Bakersfield, CA, presents an investment opportunity. The well-maintained building features 17 units, comprising sixteen 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit. The property is located in a high-demand rental market and has a history of strong rental income and low vacancy. The property offers cash flow with potential for future rent growth.
    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
    -118.9754686
    Latitude
    35.3978923

    Nearby Similar for Sale

    • New
      $795,000
      2,626 SF

      Bakersfield Fourplex in Oleander-Sunset

      Rebuilt fourplex in historic Oleander-Sunset neighborhood.
      1804 Forrest St, Bakersfield, CA 93304
      View Details
    • $699,000
      2,080 SF

      Bakersfield Multifamily Investment Opportunity

      Four units with recent renovations and new construction.
      113 Decatur St, Bakersfield, CA 93308
      View Details
    • $10,500,000
      Pending

      Bakersfield Hotel with Premium Amenities

      Recently renovated 68-room hotel with excellent amenities and convenient location.
      2310 Wible Rd, Bakersfield, CA 93304
      View Details
    • $575,000
      2,700 SF

      Rehabbed Triplex in Bakersfield

      Turnkey triplex with modern updates, ready for immediate income.
      722 S Williams St, Bakersfield, CA 93307
      View Details
    • $330,000
      1,315 SF

      Charming Bakersfield Duplex with ADU

      Updated duplex with ADU, income potential, central Bakersfield location.
      1107 Pacific St, Bakersfield, CA 93305
      View Details
    • $240,000
      7,150 SF

      Established Restaurant Business Opportunity

      Restaurant business opportunity in a prime commercial location in Bakersfield.
      1901 20Th St, Bakersfield, CA 93301
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 17-unit property in high-demand Bakersfield rental market.
    Where is this apartment building located?
    The property is located at 2704 Cornell St Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - Strong rental income with low vacancy in a high-demand Bakersfield rental market.; - Desirable unit mix: Sixteen 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit.; - Well-maintained 17-unit property.
    (661) 376-0575
    Request Owner's contact information
    2704 Cornell St Bakersfield, CA 93305
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2704 Cornell St
    Bakersfield, CA 93305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2704 Cornell St Bakersfield, CA 93305
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.