1308 Flower Bakersfield, CA 93305
Well-maintained quadplex with four 2-bedroom, 1-bath units, washer/dryer hookups, and on-site parking.
- Added:
- Jun 15, 2026
- Days on Market:
- 29
- Last Refresh:
- Jun 20 at 2:17 am
Property Features for 1308 Flower
General Information
- Standard status
- Active
- Size
- 3,442 SF
- Property subtype
- Multifamily
Listing office Luxury Collective
Listing date Jun 15, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Luxury Collective
Investment Insights
Based on property information with market context.
Located in Bakersfield, the property is described as having convenient access to local schools, shopping, dining, medical facilities, and major commuter routes. The surrounding area is positioned for everyday errands and routine connectivity, which can simplify tenant lifestyle and commuting considerations.
From a tenant and buyer perspective, this is a practical income-oriented multifamily option with four separate rental units in a single asset. Each unit’s 2-bedroom, 1-bath configuration can appeal to households looking for additional space, while the presence of washer/dryer hookups helps reduce in-unit friction. The combination of a maintained property, manageable unit mix, and on-site parking makes the building well-suited for an owner looking for a fourplex to operate directly or manage as part of a broader rental portfolio.
Key Highlights
- Well‑maintained four‑unit apartment building with four 2‑bedroom, 1‑bath units
- Approx. 3,442 SF of living space across the four units
- Washer/dryer hookups available in the units
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 | $68.2k | $19.80 |
| − Vacancy | −$4.4k | −$1.29 |
| EGI | $63.7k | $18.51 |
| − OpEx | −$19.1k | −$5.55 |
| NOI | $44.6k | $12.96 |
