Duplex with Private
New
For Sale
$275,000
2117 1/2 Bedford Way, Bakersfield, CA 93308
Bakersfield, CA
Property Size1,422 SF
Lot Size0.13 Acres
Price / SF$193.39
Days on Market3
Property Features for 2117 1/2 Bedford Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Rooms
Laundry Room, Bedroom 1, Bedroom 2
Parking
2
Lot features
0-1 Unit/ Acre
Directions
O'Hennings/Norris Rd
Subdivision
BKSF - Bakersfield
Standard status
Active
APN
11805314005
Lot size
0.13 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private yard areas
laundry room
Building Details
Year built
1959
Floors in Building
1
Number of units
2
Listing Agency:
First Team Real Estate
(714) 974-9191
Listed By:
Roxana Orellana · License #01490038
(949) 988-3000
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 1:06AM
MLS# PW26226552
Copyright © 2026 California Regional Multiple Listing Service, 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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Investment Insights
Based on property information with market context.
This Bakersfield duplex contains two one-bedroom, one-bathroom residences in a single-story building. The property offers approximately 1,422 square feet of living area on an approximately 5,668-square-foot parcel. Each unit has a separate one-car garage, additional carport, and private yard. A 14.5-by-10-foot laundry room provides additional utility space.
Built in 1959, the property has forced-air heating, central air conditioning, and public water. Shopping, dining, schools, medical facilities, and major transportation routes are nearby.
Built in 1959, the property has forced-air heating, central air conditioning, and public water. Shopping, dining, schools, medical facilities, and major transportation routes are nearby.
Key Highlights
- Two one‑bedroom, one‑bathroom units
- Approximately 1,422 square feet of living area on an approximately 5,668‑square‑foot lot
- Each unit has a separate one‑car garage, additional carport, and private yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,428
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,560
$368.6K
Cap Rate 7%
$263,257
$263.3K
Cap Rate 9%
$204,756
$204.8K
Market Conditions
NOI Build-Up for 1,422 SF
Gross rent
$28.2K $19.80/SF
− Vacancy
−$1.8K −$1.29/SF
EGI
$26.3K $18.51/SF
− OpEx
−$7.9K −$5.55/SF
NOI
$18.4K $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%
$368,560
Cap Rate 7%
$263,257
Cap Rate 9%
$204,756
Alternative Uses
Best Use
Multifamily LT 5
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$244.5K
$213.9K – $285.3K
NOI $17,115 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$377.4K
$330.2K – $440.3K
NOI $26,415 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Explore this area
Business Placement
Demographics for 93308, CA
56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two single-story residences each include a one-car garage, carport, and private yard.
Where is this duplex located?
The property is located at 2117 1/2 Bedford Way Bakersfield, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units; Approximately 1,422 square feet of living area on an approximately 5,668‑square‑foot lot; Each unit has a separate one‑car garage, additional carport, and private yard
