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Five-Unit Apartment Building
For Sale
$899,000

2824 N Half Moon Drive, Bakersfield, CA 93309

Remodeled multifamily property with varied floor plans, laundry hookups, and a detached garage.

Property SizeContact for details
Days on Market40

Property Features for 2824 N Half Moon Drive

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Mixed Use

Units

Unit Mix 1 x 3BR/2BA, 4 x 2BR/1BA
Multifamily Units 5

Amenities

laundry hookups
laundry areas
Fireplace
Central Air

Building Details

Year Built 1979
Stories 2
Listing Agency: Coldwell Banker Preferred Realtors
Listed By: Laurie McCarty · License #01090506
Source: Kw
Added: Aug 9 Changed: Sep 15 Last Checked: Sep 16 at 7:51PM

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 Preferred Realtors

Investment Insights

Based on property information with market context.

This 1979 apartment property contains five residences, including one three-bedroom, two-bath unit and four two-bedroom, one-bath units. Four apartments have been remodeled with improvements that include flooring, interior paint, recessed lighting, baseboards, mirrors, bathroom finishes, fixtures, toilets, selected doors, kitchen components, appliances, cabinets, and vanities. Additional work includes replacement of some interior water lines and water heaters, exterior painting, exterior renovations, and updated landscaping.

The property includes a detached two-car garage, laundry hookups, and four separate laundry areas. Located at 2824 N Half Moon Dr in Bakersfield, CA 93309, the asset offers multiple residential layouts and existing rental income. Walk Score and Bike Score are both 55, while Transit Score is 32.

Key Highlights

  • Five‑unit apartment property built in 1979
  • Unit mix includes one three‑bedroom, two‑bath residence and four two‑bedroom, one‑bath residences
  • Four units have been remodeled

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Skin Care Clinic Building Supply Hair Salon (Bike/Boat/Book/etc) Store

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

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 93309, CA

61,079
Population
23,546
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
10.5 sq mi
ZIP Area
5,817
Density / Sq Mi
$62,143
Median Household Income
$36,281
Median Earnings
$1,268
Median Rent
$286,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Remodeled multifamily property with varied floor plans, laundry hookups, and a detached garage.
Where is this apartment building located?
The property is located at 2824 N Half Moon Drive Bakersfield, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1979; Unit mix includes one three‑bedroom, two‑bath residence and four two‑bedroom, one‑bath residences; Four units have been remodeled
More about this property
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