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    Updated Fourplex in Riverview Neighborhood Title is generated by Realmo AI

    132 Warren Avenue, Bakersfield, CA 93308

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    Claim this Listing
    For Sale
    $639,000

    MULTI_FAMILY - Bakersfield, CA

    Property size:
    3,636 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $175/SF
    Added:
    Apr 23, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 16 at 5:06 pm

    Property Features for 132 Warren Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-2
    Bedrooms
    7
    Bathrooms
    7
    Rooms
    Bathroom 7, Bathroom 6, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1
    Standard status
    Active
    APN
    113-321-11
    Size
    3,636 SF
    Lot size
    0.21 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1967
    Number of units
    4
    Building materials
    Stucco
    Roof type
    Composition

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    Listing Contact
    Jennie Settelmeyer

    Listing agent Jennie Settelmeyer License #01195487

    Listing office BHGRE Platinum Realty Group 21000 Mission Street, Tehachapi, CA

    Listing date Apr 23, 2026

    MLS# 26003274 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.

    HighLights

    • Fourplex in the Riverview neighborhood of Bakersfield
    • Built in 1967 with stucco construction and a composition roof
    • Central air cooling
    • Each unit includes a private patio area, 1‑car attached garage, and convenient in‑unit laundry
    • Unit mix: three 2‑bedroom units (Units 1–3) plus one 1‑bedroom unit (Unit 4)
    • Unit layouts: Unit 1 is single story; Units 2 and 3 are two story; Unit 4 is single story with a 2‑car attached garage

    Overview

    Located in the Riverview neighborhood of Bakersfield, this fourplex presents an investment opportunity. The property has been updated and offers income potential. Each unit includes a private patio area, a 1-car attached garage, and in-unit laundry. The property is located near shopping centers, dining options, and transportation. The unit breakdown is as follows: Unit 1 features 2 bedrooms, 2 full bathrooms, a single-story layout, and a 1-car attached garage. Units 2 and 3 each offer 2 bedrooms, 1.5 bathrooms, a two-story layout, and a 1-car attached garage. Unit 4 includes 1 bedroom, 1 bathroom, a single-story layout, and a 2-car attached garage. The property is zoned R-2 and has a lot size of 0.21 acres. The property size is 3636 square feet.

    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 $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 (±1% cap)
    NOI $47,119 @ 7.0% cap · market cap 7.37%
    Second Best
    Apartment 5plus
    $625.2K
    $547.0K – $729.4K (±1% cap)
    NOI $43,762 @ 7.0% cap · market cap 6.85%
    Theoretical Best
    Office A
    $964.9K
    $844.3K – $1.13M (±1% cap)
    NOI $67,542 @ 7.0% cap · market cap 10.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.023207
    Latitude
    35.412626

    FAQs

    What type of property is this?
    Quadplex - Updated fourplex with strong income potential in Bakersfield's Riverview.
    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: Fourplex in the Riverview neighborhood of Bakersfield; Built in 1967 with stucco construction and a composition roof; Central air cooling
    More about this property
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