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Remodeled Four-Unit Multifamily Property
For Sale
$638,000

223 Monterey, Bakersfield, CA 93305

Recently remodeled four-unit building with parking and freeway access.

Days on Market99

Property Features for 223 Monterey

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1982
Listing Agency: Coldwell Banker Realty
Listed By: Felipe Aragon · License #01224631
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 7:02AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This is a four-unit multifamily property that has been recently remodeled. All units are currently rented. The property offers ample parking. It is located near freeway access. Each unit includes washer and dryer hook-ups. All units are two-story and feature a private patio. The bike score is 43, indicating it is somewhat bikeable. The walk score is 63, meaning it is somewhat walkable. The transit score is 36, suggesting some transit options are available.

Key Highlights

  • Recently remodeled 4‑unit building
  • All units are currently rented
  • All units are two‑story with private patios**

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Skin Care Clinic Pharmacy Daycare Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby

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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Recently remodeled four-unit building with parking and freeway access.
Where is this quadplex located?
The property is located at 223 Monterey Bakersfield, CA.
What is the asking price?
The asking price for this property is $638,000.
What are key features of this property?
This property features: Recently remodeled 4‑unit building; All units are currently rented; All units are two‑story with private patios**
More about this property
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