Fourplex with Private Patios and
For Sale
$639,000
132 Warren Avenue, Bakersfield, CA 93308
MULTI_FAMILY - Bakersfield, CA
Property Size3,636 SF
Lot Size0.21 Acres
Price / SF$175.74
Days on Market102
Property Features for 132 Warren Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 6, Bathroom 7, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bathroom 4, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 1
Directions
North Chester Avenue, West on Warren Avenue
Subdivision
96 - Out of Area North
Standard status
Active
APN
113-321-11
Size
3,636 SF
Lot size
0.21 Acres
Utilities
Cooling system
Central Air
Amenities
private patio area
in-unit laundry
Building Details
Year built
1967
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
BHGRE Platinum Realty Group
(661) 488-7411
Listed By:
Jennie Settelmeyer · License #01195487
(661) 618-3790
Added: Apr 23
Changed: Jul 30
Last Checked: Aug 2 at 3:06AM
MLS# 26003274
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 fourplex (quadplex) at 132 Warren Avenue offers four income-generating units in a stucco building with a composition roof and central air. The property sits on a 0.21-acre lot and was built in 1967. Each unit features a private patio area and in-unit laundry. Attached garages are included, with the garages described as 1-car attached for Units 1, 2, and 3, and a 2-car attached garage for Unit 4.
Unit 1 is a single-story 2-bedroom, 2 full-bath layout with a 1-car attached garage. Unit 2 is a two-story 2-bedroom, 1.5-bath layout with a 1-car attached garage. Unit 3 is a two-story 2-bedroom, 1.5-bath layout with a 1-car attached garage. Unit 4 is a single-story 1-bedroom, 1-bath layout with a 2-car attached garage. The property is zoned R-2.
Unit 1 is a single-story 2-bedroom, 2 full-bath layout with a 1-car attached garage. Unit 2 is a two-story 2-bedroom, 1.5-bath layout with a 1-car attached garage. Unit 3 is a two-story 2-bedroom, 1.5-bath layout with a 1-car attached garage. Unit 4 is a single-story 1-bedroom, 1-bath layout with a 2-car attached garage. The property is zoned R-2.
Key Highlights
- Private patio areas and in‑unit laundry included for all four units
- Zoned R‑2
- 0.21‑acre lot
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 | $72.0k | $19.80 |
| − Vacancy | −$4.7k | −$1.29 |
| EGI | $67.3k | $18.51 |
| − OpEx | −$20.2k | −$5.55 |
| NOI | $47.1k | $12.96 |
3,636 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$673.1K
$589.0K – $785.3K
NOI $47,119 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$625.2K
$547.0K – $729.4K
NOI $43,762 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$964.9K
$844.3K – $1.13M
NOI $67,542 @ 7.0% cap · market cap 10.57%
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
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 93308, CA
56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
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 - R-2 fourplex with private patios, in-unit laundry, and attached garages across four residential units.
Where is this quadplex located?
The property is located at 132 Warren Avenue Bakersfield, CA.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Private patio areas and in‑unit laundry included for all four units; Zoned R‑2; 0.21‑acre lot
