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Newer Duplex with Solar Panels

1417 Oregon Street Bakersfield, CA 93305

Claim this Listing
For Sale
$500,000

MULTI_FAMILY - Bakersfield, CA

Property size:
1,948 SF
Lot size:
0.09 Acres
Price / SF:
$256.67/SF
Added:
Jul 7, 2026
Days on Market:
8
Last Refresh:
Jul 14 at 10:06 am

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

Listing agent Luis H Licea - Pimentel License #02100212

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

Listing date Jul 7, 2026

MLS# 202607331 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.


Investment Insights

Based on property information with market context.

This newer duplex was built in 2024 and includes owned solar panels. The front unit is a two-story layout with an open-concept kitchen and living area, plus a half bathroom on the main level. Upstairs, it provides three bedrooms and two full bathrooms. The rear unit offers two bedrooms and one full bathroom in a separate living setup.

The property is located at 1417 Oregon Street in Bakersfield, CA 93305, in Kern County. It sits on a 0.09-acre lot. Specific neighborhood details, road characteristics, and adjacent businesses were not provided.

For buyers seeking flexibility, the duplex configuration supports an owner-occupant plan where one unit can be lived in while the other is rented. Both units are modern and separately configured, making the property well-suited for rental income or multi-generational housing needs. The inclusion of owned solar panels may also be a practical consideration for managing ongoing energy costs.

Key Highlights

  • Newly built 2024 duplex with Garage parking
  • Front unit: approx. 1,204 SF with 3 bedrooms and 2 full bathrooms plus a half bathroom
  • Front unit two‑story layout with open‑concept kitchen and living area

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 $38.6k $19.80
− Vacancy −$2.5k −$1.29
EGI $36.1k $18.51
− OpEx −$10.8k −$5.55
NOI $25.2k $12.96
1,948 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$360.6K
$315.6K – $420.7K (±1% cap)
NOI $25,244 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$334.9K
$293.1K – $390.8K (±1% cap)
NOI $23,446 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$516.9K
$452.3K – $603.1K (±1% cap)
NOI $36,186 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Electrical Service Gym & Fitness Center Skin Care Clinic Daycare Center Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

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: Newly built 2024 duplex with Garage parking; Front unit: approx. 1,204 SF with 3 bedrooms and 2 full bathrooms plus a half bathroom; Front unit two‑story layout with open‑concept kitchen and living area
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