Fourplex with Updated
1300 Flower Street Bakersfield, CA 93305
1300 Flower Street, Bakersfield, CA, 93305
$600,000
For Sale
$600,000
MULTI_FAMILY - Bakersfield, CA
Property Size3,432 SF
Lot Size0.17 Acres
Price / SF$174.83
Days on Market77
Property Features for 1300 Flower Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- 127-100-13
- Size
- 3,432 SF
- Lot size
- 0.17 Acres
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless
Building Details
- Year built
- 1984
- Number of units
- 4
- Building materials
- Stucco, Wood Siding
- Roof type
- Composition
Listing Agency
BLVD Estate Properties
(818) 477-6464
9301 Oakdale Ave. Ste 115, Unknown, CA
Listed by
Claudia Molina · License #01911267
(818) 590-4173
Added: May 1 Checked: Jul 16 at 6:06 pm
MLS# 26003544
Listing URL
Copyright © 2026 Greater Antelope Valley 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 well-maintained fourplex features four 2-bedroom, 1-bath units. Two units are currently vacant and described as fully updated and move-in ready, creating a straightforward path for immediate occupancy.
The property is zoned R-3 and located at 1300 Flower Street in Bakersfield, CA 93305. It is also being sold together with the neighboring 1304 Flower Street, another fourplex with one vacant unit and three occupied units, for a combined side-by-side eight-unit investment opportunity.
As presented, the combined arrangement provides an owner-occupant option to live in one unit while collecting rent from others, or an investor approach with existing occupancy alongside updated vacancy inventory.
The property is zoned R-3 and located at 1300 Flower Street in Bakersfield, CA 93305. It is also being sold together with the neighboring 1304 Flower Street, another fourplex with one vacant unit and three occupied units, for a combined side-by-side eight-unit investment opportunity.
As presented, the combined arrangement provides an owner-occupant option to live in one unit while collecting rent from others, or an investor approach with existing occupancy alongside updated vacancy inventory.
Key Highlights
- Well‑maintained fourplex built in 1984 featuring four 2‑bedroom, 1‑bath units
- Two units are vacant and fully updated for immediate occupancy
- Four units with ductless heating and ductless cooling
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 | $68.0k | $19.80 |
| − Vacancy | −$4.4k | −$1.29 |
| EGI | $63.5k | $18.51 |
| − OpEx | −$19.1k | −$5.55 |
| NOI | $44.5k | $12.96 |
3,432 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$635.4K
$556.0K – $741.3K
NOI $44,476 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$590.1K
$516.3K – $688.5K
NOI $41,307 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$910.8K
$796.9K – $1.06M
NOI $63,753 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex offering four 2-bedroom, 1-bath units, with two updated vacancies ready for occupancy.
Where is this quadplex located?
The property is located at 1300 Flower Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Well‑maintained fourplex built in 1984 featuring four 2‑bedroom, 1‑bath units; Two units are vacant and fully updated for immediate occupancy; Four units with ductless heating and ductless cooling
