Four-Plex with Remodeled
New
For Sale
$629,000
1316 E California Avenue, Bakersfield, CA 93307
MULTI_FAMILY - Bakersfield, CA
Property Size3,932 SF
Lot Size0.20 Acres
Price / SF$159.97
Days on Market4
Property Features for 1316 E California Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Covered
Elementary school
Owens, B. E.
High school
Mira Monte
Elementary school district
Bakersfield City
Subdivision
41
Standard status
Active
APN
01736010
Size
3,932 SF
Lot size
0.20 Acres
Building Details
Year built
1986
Floors in Building
2
Number of units
4
Listing Agency:
Keller Williams Realty
(661) 617-6500
Listed By:
Phil M Jordan
(805) 453-8353
Added: Jul 30
Last Checked: Aug 2 at 1:06AM
MLS# 202608217
Copyright © 2026 Bakersfield 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.
Four-plex at 1316 E California Avenue with four units that are each three-bedroom, one-bath layouts. One unit is currently vacant. Units C and D have been remodeled with granite countertops, fresh paint, and updated appliances.
The property includes central air/heating throughout, W/D hookups, tile floors, and dual-pane windows. Electrical service is described as modern 100-Amp electric, and AC units are serviced annually. Covered parking is available.
The building was constructed in 1986 and is listed at 3,932 SF per public record on a 0.1986-acre lot. The roof is estimated to have been installed in 2016.
The property includes central air/heating throughout, W/D hookups, tile floors, and dual-pane windows. Electrical service is described as modern 100-Amp electric, and AC units are serviced annually. Covered parking is available.
The building was constructed in 1986 and is listed at 3,932 SF per public record on a 0.1986-acre lot. The roof is estimated to have been installed in 2016.
Key Highlights
- 3,932 SF per public record on a 0.1986‑acre lot
- Four units, each three‑bedroom and one‑bath; one unit currently vacant
- Units C and D remodeled with granite countertops, fresh paint, and updated appliances
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 | $76.4k | $19.44 |
| − Vacancy | −$5.0k | −$1.26 |
| EGI | $71.5k | $18.18 |
| − OpEx | −$21.4k | −$5.45 |
| NOI | $50.0k | $12.72 |
3,932 SF · lease $19.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$714.7K
$625.4K – $833.8K
NOI $50,029 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$642.6K
$562.3K – $749.7K
NOI $44,981 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$971.6K
$850.1K – $1.13M
NOI $68,009 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 93307, CA
88,338
Population
24,349
Households
3.6
Avg Household Size
29
Median Age
7%
College-Educated
59%
High-School Grad
141.2 sq mi
ZIP Area
626
Density / Sq Mi
$52,572
Median Household Income
$29,141
Median Earnings
$1,195
Median Rent
$238,400
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 - Central air/heating four-plex with two remodeled units, dual-pane windows, and in-unit W/D hookups.
Where is this quadplex located?
The property is located at 1316 E California Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 3,932 SF per public record on a 0.1986‑acre lot; Four units, each three‑bedroom and one‑bath; one unit currently vacant; Units C and D remodeled with granite countertops, fresh paint, and updated appliances
