Duplex with Private
3007 Glenwood Place, Bakersfield, CA 93306
For Sale
New
$399,900
Residential Income, Bakersfield, CA
Property Size1,586 SF
Lot Size0.15 Acres
Price / SF$252.14
Days on Market5
Property Features for 3007 Glenwood Place
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
Amenities
washer/dryer hookups
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Liberty One Real Estate Group, Inc.
(661) 667-1400
Listed By:
Tony Morales Ramirez
(661) 748-2658
Added: Nov 5
Last Checked: Nov 9 at 7:06AM
MLS# 202611591
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Bakersfield duplex combines two residences with different bedroom counts: a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit. Together they provide 1,586 square feet of living area. Both residences have washer and dryer hookups and a detached one-car garage. The rear unit has a separate entrance and a private backyard.
Built in 1954, the property occupies a 0.1525-acre lot at 3007 Glenwood Place in Bakersfield, California. The two-unit configuration and distinct living spaces are the defining features of the property.
Built in 1954, the property occupies a 0.1525-acre lot at 3007 Glenwood Place in Bakersfield, California. The two-unit configuration and distinct living spaces are the defining features of the property.
Key Highlights
- Two residences: one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
- 1,586 square feet of combined living space
- Detached one‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,773
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,460
$415.5K
Cap Rate 7%
$296,757
$296.8K
Cap Rate 9%
$230,811
$230.8K
Market Conditions
NOI Build-Up for 1,586 SF
Gross rent
$31.4K $19.80/SF
− Vacancy
−$1.7K −$1.09/SF
EGI
$29.7K $18.71/SF
− OpEx
−$8.9K −$5.61/SF
NOI
$20.8K $13.10/SF
Area
ZIP 93306
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,460
Cap Rate 7%
$296,757
Cap Rate 9%
$230,811
Alternative Uses
Best Use
Multifamily LT 5
$296.8K
$259.7K – $346.2K
NOI $20,773 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$266.5K
$233.2K – $310.9K
NOI $18,656 @ 7.0% cap · market cap 4.67%
Theoretical Best
Specialty Retail
$423.9K
$371.0K – $494.6K
NOI $29,676 @ 7.0% cap · market cap 7.42%
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
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 93306, CA
74,623
Population
23,789
Households
3.1
Avg Household Size
32
Median Age
18%
College-Educated
77%
High-School Grad
97.3 sq mi
ZIP Area
767
Density / Sq Mi
$66,988
Median Household Income
$35,696
Median Earnings
$1,219
Median Rent
$290,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two separate residences include laundry connections and individual detached garages.
Where is this duplex located?
The property is located at 3007 Glenwood Place Bakersfield, CA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two residences: one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit; 1,586 square feet of combined living space; Detached one‑car garage for each residence
