220 Moneta Avenue Bakersfield, CA 93308
MULTI_FAMILY - Bakersfield, CA
Property Features for 220 Moneta Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Covered
- Standard status
- Active Under Contract
- APN
- 11404124
- Size
- 1,686 SF
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1927
- Floors in Building
- 1
- Number of units
- 2
Listing agent Jaime Mendez License #02179018 (661) 543-9435
Listing office eXp Realty of California Inc 2603 Camino Ramon Ste 200, San Ramon, CA (888) 584-9427
Listing date Jun 23, 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.
Investment Insights
Based on property information with market context.
The property is located next to the adjacent unit at 222 Moneta Ave, which is listed separately. The listing describes the duplex at 220 Moneta Ave as separately metered for gas and electricity, a detail that can help simplify operating expense management.
For tenants or owner-operators, the two-unit layout offers straightforward income-producing structure with utility separation between units. The updates throughout the interiors and building systems are intended to reduce immediate deferred maintenance needs. The offering price referenced in the remarks applies to the duplex at 220 Moneta Ave only, while the adjacent duplex at 222 Moneta Ave is separately listed, with mention of the ability to acquire multiple nearby income properties as a larger portfolio configuration.
Key Highlights
- $379,999 advertised price is for the duplex at 220 Moneta Ave (adjacent duplex at 222 Moneta Ave listed separately at $449,999).
- Fully remodeled duplex with both units updated including modern cabinets, upgraded flooring, updated light fixtures, fresh interior paint, newer windows, and updated HVAC systems.
- Currently generates approximately $3,150/month in rental income.
Local Financial Insights For Multifamily LT 5
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 | $33.4k | $19.80 |
| − Vacancy | −$2.2k | −$1.29 |
| EGI | $31.2k | $18.51 |
| − OpEx | −$9.4k | −$5.55 |
| NOI | $21.8k | $12.96 |
