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New Bakersfield Multifamily Investment Opportunity
For Sale
$665,000

1309 Flower Street, Bakersfield, CA 93305

Residential Income, Bakersfield, CA

Property Size1,024 SF
Lot Size0.17 Acres
Price / SF$649.41
Days on Market136

Property Features for 1309 Flower Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Parking 3
Parking features Covered
Elementary school College Heights
Middle school Compton
High school East
Subdivision 32
Standard status Active
APN 12703003
Size 1,024 SF
Lot size 0.17 Acres

Building Details

Year built 2026
Floors in Building 1
Number of units 3
Listing Agency: Keller Williams Realty
Listed By: Ian A Mellon
Added: Apr 15 Changed: Aug 26 Last Checked: Aug 28 at 9:06PM
MLS# 202604046

Copyright © 2026 Golden Empire MLS, Inc. 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 property presents an investment opportunity with three new units on a single lot. It includes a single-family residence and a duplex, each providing 1,000 square feet of living space. The units feature an open-concept layout, three bedrooms, two full bathrooms, and in-unit washer/dryer hookups. Constructed with contemporary finishes, the units offer comfort and style. The property is suitable for investors or multi-generational living, with projected rental income of $1,800-$1,950 per unit. The property is located in Bakersfield, CA, with a lot size of 0.17 acres.

Key Highlights

  • Three brand new units (single‑family residence and duplex) on one lot
  • High‑yield investment opportunity with projected rental income of $1,800-$1,950 per unit
  • Each unit features 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

991
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three new units on one lot, ideal for investors.
Where is this multifamily property located?
The property is located at 1309 Flower Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Three brand new units (single‑family residence and duplex) on one lot; High‑yield investment opportunity with projected rental income of $1,800-$1,950 per unit; Each unit features 3 bedrooms and 2 full bathrooms
More about this property
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