Fourplex with Three-Bedroom
1819 Pacific St Unit AB, Bakersfield, CA 93305
For Sale
New
$749,000
Each residence includes in-unit laundry hookups, tile floors, and central heating and air.
Property Size4,374 SF
Lot Size0.28 Acres
Price / SF$171.24
Days on Market2
Property Features for 1819 Pacific St Unit AB
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
central heating and air
laundry hookups inside each unit
tile flooring
Building Details
Year Built
Buildings
Stories
Listing Agency:
ASU Commercial
Listed By:
Caleb A Fisk
(661) 282-0807
Source:
Besthomesbakersfield
Added: Nov 14
Changed: Nov 15
Last Checked: Nov 15 at 2:00AM
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 ASU Commercial
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Investment Insights
Based on property information with market context.
Built in 2009, this fourplex contains four residences, each configured with three bedrooms and two bathrooms. The 4,374-square-foot building sits on a 12,001-square-foot parcel and provides tile flooring, central heating and air, and laundry hookups within each unit. Separate gas and electric meters serve the property.
Parking accommodates at least eight vehicles. All tenants currently occupy the property under month-to-month agreements, and gross scheduled income is $72,576 annually.
Parking accommodates at least eight vehicles. All tenants currently occupy the property under month-to-month agreements, and gross scheduled income is $72,576 annually.
Key Highlights
- Four units, each with 3 bedrooms and 2 bathrooms
- 4,374‑square‑foot building on a 12,001‑square‑foot parcel
- Built in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,683
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,660
$1.1M
Cap Rate 7%
$809,757
$809.8K
Cap Rate 9%
$629,811
$629.8K
Market Conditions
NOI Build-Up for 4,374 SF
Gross rent
$86.6K $19.80/SF
− Vacancy
−$5.6K −$1.29/SF
EGI
$81.0K $18.51/SF
− OpEx
−$24.3K −$5.55/SF
NOI
$56.7K $12.96/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,660
Cap Rate 7%
$809,757
Cap Rate 9%
$629,811
Alternative Uses
Best Use
Multifamily LT 5
$809.8K
$708.5K – $944.7K
NOI $56,683 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$752.1K
$658.1K – $877.4K
NOI $52,644 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,251 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,118
Businesses Nearby
Explore this area
Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Bakersfield, CA
Properties on Market for Quadplexes in Bakersfield
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes in-unit laundry hookups, tile floors, and central heating and air.
Where is this quadplex located?
The property is located at 1819 Pacific St Unit AB Bakersfield, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 2 bathrooms; 4,374‑square‑foot building on a 12,001‑square‑foot parcel; Built in 2009
