Four-Unit Multifamily
1210 Oregon Street Bakersfield, CA 93305
1210 Oregon Street, Bakersfield, CA, 93305
$439,999
For Sale
$439,999
MULTI_FAMILY - Bakersfield, CA
Property Size2,046 SF
Lot Size0.17 Acres
Price / SF$215.05
Days on Market84
Property Features for 1210 Oregon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Standard status
- Active
- APN
- 01510014
- Size
- 2,046 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 4
Listing agency
Watson Realty
(661) 327-5161
Listed by
Esteban Contreras · License #CA01975384
(661) 617-0074
Added: May 1 Updated: Jul 22 at 2:41PM Checked: Jul 23 at 1:06AM
MLS# 202604769
Copyright © 2026 Bakersfield Association of Realtors. 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 four-unit multifamily property includes spacious one-bedroom, one-bath units. The units are supported by recent capital work, including a two-year roof certification, electrical maintenance repairs completed throughout the property, and plumbing repairs completed. One unit has been updated with new flooring and fresh paint, while the remaining units offer opportunities for future interior improvements.
The property includes an on-site laundry area, which may support additional income with new machines. A bonus development opportunity is noted with the property zoned R-3, with a base density of 6 units and potential for approximately 8–12 units under applicable California density bonus programs; development potential should be verified by the buyer.
The property is listed for sale and sits on a 0.17-acre lot.
The property includes an on-site laundry area, which may support additional income with new machines. A bonus development opportunity is noted with the property zoned R-3, with a base density of 6 units and potential for approximately 8–12 units under applicable California density bonus programs; development potential should be verified by the buyer.
The property is listed for sale and sits on a 0.17-acre lot.
Key Highlights
- Four‑unit multifamily property built in 1954
- Spacious 1‑bedroom, 1‑bath units
- One unit updated with new flooring and fresh paint
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $19.80 |
| − Vacancy | −$2.6k | −$1.29 |
| EGI | $37.9k | $18.51 |
| − OpEx | −$11.4k | −$5.55 |
| NOI | $26.5k | $12.96 |
2,046 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.8K
$331.4K – $441.9K
NOI $26,514 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$351.8K
$307.8K – $410.4K
NOI $24,625 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$542.9K
$475.1K – $633.4K
NOI $38,006 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four spacious one-bedroom, one-bath units with an on-site laundry area and recent roof, electrical, and plumbing repairs.
Where is this quadplex located?
The property is located at 1210 Oregon Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $439,999.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1954; Spacious 1‑bedroom, 1‑bath units; One unit updated with new flooring and fresh paint
