Fourplex with Updated
For Sale
$600,000
1300 Flower Street, Bakersfield, CA 93305
MULTI_FAMILY - Bakersfield, CA
Property Size3,432 SF
Lot Size0.17 Acres
Price / SF$174.83
Days on Market91
Property Features for 1300 Flower Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Directions
Airport Dr,left onto Olive Dr,Follow N Chester Ave south,Turn left (East) onto Flower Street.
Subdivision
96 - Out of Area North
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
Listed By:
Claudia Molina · License #01911267
(818) 590-4173
Added: May 1
Changed: Jul 28
Last Checked: Jul 30 at 10:06PM
MLS# 26003544
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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
640
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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
