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Fully Occupied Quadplex
For Sale
$550,000

306 Vernal Place, Bakersfield, CA 93304

Four tenant-occupied residences offer a varied unit mix with convenient access to 58 Fwy.

Property SizeContact for details
Days on Market117

Property Features for 306 Vernal Place

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Units

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

Additional Details

Highway Access Yes

Amenities

Evaporative
Floor/Wall Heater

Building Details

Year Built 1958
Stories 2
Listing Agency: Singh Properties
Listed By: Luis Escamilla
Source: Kw
Added: May 8 Changed: Aug 31 Last Checked: Aug 31 at 1:34AM

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 Singh Properties

Investment Insights

Based on property information with market context.

This quadplex contains four residential units: three configured with 2BR and 1BTH, plus one with 1BR and 1BTH. Each unit is tenant occupied, supporting continued rental use, and the property sits on a large lot. Interior heating and cooling features include evaporative equipment and floor/wall heaters.

Constructed in 1958, the property is located at 306 Vernal Place in Bakersfield, California. Access to 58 Fwy provides a direct transportation connection from the property. The four-unit configuration combines a consistent three-unit layout with one smaller residence, creating a straightforward multifamily setup.

Key Highlights

  • Four‑unit quadplex with three 2BR/1BTH units and one 1BR/1BTH unit
  • All four units are tenant occupied
  • Situated on a large lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Veterinary Clinic

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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

Demographics for 93304, CA

50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value

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?
Quadplex - Four tenant-occupied residences offer a varied unit mix with convenient access to 58 Fwy.
Where is this quadplex located?
The property is located at 306 Vernal Place Bakersfield, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four‑unit quadplex with three 2BR/1BTH units and one 1BR/1BTH unit; All four units are tenant occupied; Situated on a large lot
More about this property
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