Tenant-Occupied
2003 Quincy Street, Bakersfield, CA 93305
For Sale
New
$424,999
Residential Income, Bakersfield, CA
Property Size2,344 SF
Lot Size0.17 Acres
Price / SF$181.31
Days on Market2
Property Features for 2003 Quincy Street
General Information
Property type
Property subtype
Parking features
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Realty
(661) 617-6500
Listed By:
Miguel Perez Gallardo
(661) 747-9674
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 202611911
Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2007, this duplex contains 2,344 square feet across two tenant-occupied residences. The property occupies a 0.1723-acre lot and includes covered parking.
Shopping and schools are nearby in Bakersfield.
Shopping and schools are nearby in Bakersfield.
Key Highlights
- Two tenant‑occupied residences
- 2,344 square feet of building area
- 0.1723‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,376
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,520
$607.5K
Cap Rate 7%
$433,943
$433.9K
Cap Rate 9%
$337,511
$337.5K
Market Conditions
NOI Build-Up for 2,344 SF
Gross rent
$46.4K $19.80/SF
− Vacancy
−$3.0K −$1.29/SF
EGI
$43.4K $18.51/SF
− OpEx
−$13.0K −$5.55/SF
NOI
$30.4K $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%
$607,520
Cap Rate 7%
$433,943
Cap Rate 9%
$337,511
Alternative Uses
Best Use
Multifamily LT 5
$433.9K
$379.7K – $506.3K
NOI $30,376 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$403.0K
$352.7K – $470.2K
NOI $28,212 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$622.0K
$544.3K – $725.7K
NOI $43,542 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
952
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
$245,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Bakersfield, CA
Properties on Market for Duplexes in Bakersfield
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, and the property includes covered parking.
Where is this duplex located?
The property is located at 2003 Quincy Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $424,999.
What are key features of this property?
This property features: Two tenant‑occupied residences; 2,344 square feet of building area; 0.1723‑acre lot
