1610 Oregon Street, Bakersfield, CA 93305
Renovated two-bedroom units plus extra space offer a practical setup for group home or assisted living operations.
- Added:
- Apr 13, 2026
- Days on Market:
- 65
- Last Refresh:
- Jun 15 at 2:28 am
Property Features for 1610 Oregon Street
General Information
- Standard status
- Active
- Size
- 5,681 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1967
Listing agent John Fugate
Listing office Watson Realty (661) 327-5161
Listing date Apr 13, 2026
Source Xome
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 Watson Realty
HighLights
- Four‑plex plus two additional units available now
- Four‑plex units are 2‑bedroom, each with 1.5 baths
- Some recent renovations in the four‑plex units
- Front unit includes 3 offices, a private bath, and a conference room (recently renovated)
- Kitchen, dining area, bathrooms, and recreation area in the second unit
Overview
The property is located at 1610 Oregon Street in Bakersfield, California (93305). The configuration provides multiple independent units while also offering a floorplan that can be arranged for resident services.
From an operator standpoint, the mix of renovated residential units and the front unit’s office and conference layout can support service-based living arrangements. The second unit’s common-use areas like the kitchen, dining, and recreation space may be useful for daily programming, while the consistent two-bedroom, 1.5-bath format within the fourplex can simplify household planning. This is a good fit for buyers seeking a residential income property with a floorplan that aligns with assisted living or group home models, based on the described unit layouts and recent renovations.
Local Financial Insights For Apartment 5plus
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 | $132.3k | $23.28 |
| − Vacancy | −$7.9k | −$1.40 |
| EGI | $124.3k | $21.88 |
| − OpEx | −$55.9k | −$9.85 |
| NOI | $68.4k | $12.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.9761366
- Latitude
- 35.380032
