Fourplex With One Vacant
1304 Flower Street Bakersfield, CA 93305
1304 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 1304 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
- 127-100-14
- 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 11:06 pm
MLS# 26003543
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 includes four 2-bedroom, 1-bath units. One unit is vacant and updated, offering move-in readiness for immediate occupancy.
The property is located in Bakersfield, California and is listed as for sale under R-3 zoning. The public remarks indicate the fourplex is being sold together with a neighboring fourplex at 1300 Flower Street.
Together, the side-by-side properties total an 8-unit package, with two vacant updated units and two occupied units described at the neighboring site. The offering is presented as convenient to shopping, schools, restaurants, parks, and freeways based on the provided remarks.
The property is located in Bakersfield, California and is listed as for sale under R-3 zoning. The public remarks indicate the fourplex is being sold together with a neighboring fourplex at 1300 Flower Street.
Together, the side-by-side properties total an 8-unit package, with two vacant updated units and two occupied units described at the neighboring site. The offering is presented as convenient to shopping, schools, restaurants, parks, and freeways based on the provided remarks.
Key Highlights
- Fourplex at 1304 Flower Street with four 2‑bedroom, 1‑bath units
- One unit is vacant and updated, move‑in ready for immediate occupancy
- Total of eight units for sale side‑by‑side: 1304 Flower Street plus neighboring 1300 Flower Street
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
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with four 2-bedroom, 1-bath units, including one updated unit ready for occupancy.
Where is this quadplex located?
The property is located at 1304 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: Fourplex at 1304 Flower Street with four 2‑bedroom, 1‑bath units; One unit is vacant and updated, move‑in ready for immediate occupancy; Total of eight units for sale side‑by‑side: 1304 Flower Street plus neighboring 1300 Flower Street
