1911 Flower Street, Bakersfield, CA 93305
MULTI_FAMILY - Bakersfield, CA
- Added:
- Mar 10, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1911 Flower Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Parking features
- Covered
- Standard status
- Active
- APN
- 13803202
- Size
- 3,120 SF
- Lot size
- 0.20 Acres
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 6
Listing agent Phil M Jordan (805) 453-8353
Listing office Keller Williams Realty 8700 Stockdale Highway, Bakersfield, CA (661) 617-6500
Listing date Mar 10, 2026
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
- 6‑unit complex in East Bakersfield near Kern Medical Center
- 1 bed, 1 bath units with current rents in the $1,000/month range
- 9.3 GRM and 6.2% cap rate
- Utilities are individually metered for gas and electric
- Fenced yard areas with well‑maintained lawns and landscaping
- Covered parking; year built 1959
Overview
Located in East Bakersfield near Kern Medical Center, the property benefits from an established residential setting. Utilities are individually metered for gas and electric, which can simplify resident billing and operations. The property is also described as having secure tenants in place.
For prospective buyers, the building offers a straightforward mix of one-bedroom, one-bath units within a smaller, managed community. The listing also notes a very attractive 9.3 GRM and a 6.2% cap rate, reflecting the income profile as presented in the offering materials. The fenced and landscaped outdoor spaces add practical tenant appeal while maintaining the property’s overall curb presentation.
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 | $72.6k | $23.28 |
| − Vacancy | −$4.4k | −$1.40 |
| EGI | $68.3k | $21.88 |
| − OpEx | −$30.7k | −$9.85 |
| NOI | $37.6k | $12.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -118.970835
- Latitude
- 35.381448
