Modern Duplex Near Trauma
1603 Palm Drive Bakersfield, CA 93305
For Sale
$391,000
2019 duplex near Bakersfield Trauma Center, ideal for investors.
Property Size1,724 SF
Price / SF$226.80
Days on Market335
Property Features for 1603 Palm Drive
General Information
- Standard status
- Active
- Size
- 1,724 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2019
Listing Agency:
LPT Realty. Inc.
(661) 369-0909
Listed By:
Benny Villarreal
(661) 369-0909
Source:
Kw
Added: Aug 27, 2025
Changed: Jul 6
Last Checked: Jul 26 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty. Inc.
Investment Insights
Based on property information with market context.
This 2019-built duplex is located across the street from the Bakersfield Trauma Center Hospital. Each unit features 2 bedrooms and 1 bathroom, indoor laundry, updated flooring and paint, granite countertops, and an attached 1-car garage with driveway parking. The property is located minutes from shopping centers and dining. This property may be suitable for travel nurses, doctors, or investors.
Key Highlights
- Prime Location: Directly across from Bakersfield Trauma Center Hospital, ideal for medical professionals or investors.
- Modern Construction: Built in 2019, offering contemporary design.
- Duplex: Provides dual income potential.
Financial Insights For Healthcare Medical
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 | $41.4k | $24.00 |
| − Vacancy | −$3.1k | −$1.80 |
| EGI | $38.3k | $22.20 |
| − OpEx | −$15.3k | −$8.88 |
| NOI | $23.0k | $13.32 |
1,724 SF · lease $24.00/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$328.1K
$287.1K – $382.7K
NOI $22,964 @ 7.0% cap · market cap 5.87%
Second Best
Multifamily LT 5
$319.2K
$279.3K – $372.4K
NOI $22,341 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$457.5K
$400.3K – $533.8K
NOI $32,025 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - 2019 duplex near Bakersfield Trauma Center, ideal for investors.
Where is this duplex located?
The property is located at 1603 Palm Drive Bakersfield, CA.
What is the asking price?
The asking price for this property is $391,000.
What are key features of this property?
This property features: Prime Location: Directly across from Bakersfield Trauma Center Hospital, ideal for medical professionals or investors.; Modern Construction: Built in 2019, offering contemporary design.; Duplex: Provides dual income potential.
