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    Two-Unit Duplex with Solar Title is generated by Realmo AI

    1417 Oregon Street, Bakersfield, CA 93305

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    Claim this Listing
    For Sale
    $500,000

    MULTI_FAMILY - Bakersfield, CA

    Property size:
    2,048 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $244/SF
    Added:
    Apr 13, 2026
    Days on Market:
    81
    Last Refresh:
    Jul 2 at 10:06 pm

    Property Features for 1417 Oregon Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    1
    Parking features
    Garage
    Standard status
    Active
    APN
    01515019
    Lot size
    0.09 Acres

    Building Details

    Year built
    2024
    Floors in Building
    2
    Number of units
    2

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    Luis H Licea - Pimentel
    Luis H Licea - Pimentel

    Listing agent Luis H Licea - Pimentel License #02100212

    Listing office Real Broker 1420 Kettner Blvd. #100, San Diego, CA

    Listing date Apr 13, 2026

    MLS# 202603988 Listing URL

    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.

    HighLights

    • Built in 2024: Modern construction and updated features.
    • Duplex: Offers flexible living options for homeowners or investors.
    • Owned Solar Panels: Reduces energy costs.
    • Front Unit (1,204 sq.ft.): Features 3 bedrooms, 2 full bathrooms, and an open‑concept kitchen.
    • Rear Unit (744 sq.ft.): Has 2 bedrooms, 1 full bathroom.
    • Garage: Includes garage parking.

    Overview

    This newly built duplex was completed in 2024 and includes two separate residential units. The front unit offers an open-concept main level with a kitchen, spacious living area, and a half bathroom, with three bedrooms and two full bathrooms upstairs. The rear unit provides two bedrooms and one full bathroom. Both units are arranged to support separate living and rental flexibility, with modern construction throughout.

    The property is located at 1417 Oregon Street in Bakersfield, California 93305, in Kern County. The lot size is listed at 0.09 acres. Public remarks indicate the duplex is equipped with owned solar panels.

    For buyers, this configuration can fit scenarios ranging from owner-occupancy with rental income from the second unit to renting both units. The two-story layout of the front unit and the single-level bedroom/bath count of the rear unit create distinct spaces for different household needs. Owned solar panels may also be a practical consideration for ongoing energy management. Overall, the duplex’s newer build and two-unit design provide a straightforward, flexible residential income option for investors or homeowners.

    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 $40.6k $19.80
    − Vacancy −$2.6k −$1.29
    EGI $37.9k $18.51
    − OpEx −$11.4k −$5.55
    NOI $26.5k $12.96
    2,048 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $379.1K
    $331.8K – $442.3K (±1% cap)
    NOI $26,540 @ 7.0% cap · market cap 5.31%
    Second Best
    Apartment 5plus
    $352.1K
    $308.1K – $410.8K (±1% cap)
    NOI $24,649 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Office A
    $543.5K
    $475.6K – $634.1K (±1% cap)
    NOI $38,044 @ 7.0% cap · market cap 7.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Daycare Center Electrical Service Acupuncture Nursing Home Tattoo & Piercing Shop Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.979152
    Latitude
    35.37999

    FAQs

    What type of property is this?
    Duplex - Newly built duplex offers two separate units with owned solar panels for flexible owner or rental use.
    Where is this duplex located?
    The property is located at 1417 Oregon Street Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Built in 2024: Modern construction and updated features.; Duplex: Offers flexible living options for homeowners or investors.; Owned Solar Panels: Reduces energy costs.
    More about this property
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