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Gated Multifamily Compound with Parking
For Sale
$1,050,000

329 McCord Ave, Bakersfield, CA 93308

Fully occupied multifamily compound on 1.39 acres with six units in four structures, zoned R2, with gated perimeter and parking.

Property SizeContact for details
Lot Size1.39 Acres
Days on Market110

Property Features for 329 McCord Ave

General Information

Standard status Active
Lot size 1.39 Acres
Property subtype Commercial
Zoning R2
Occupancy 100%

Additional Details

Fenced Yard Yes
Multifamily Units 6

Amenities

security gates
park-like grounds
Central air
Central Air Cooling
Central Forced Air Heating
Shingle Roof

Building Details

Year Built 1941
Tenancy Multi
Listing Agency: OG REALTY GROUP
Listed By: ROSARIO PAEZ
Source: Corcoran
Added: May 21 Changed: Sep 3 Last Checked: Sep 6 at 9:54AM

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 OG REALTY GROUP

Investment Insights

Based on property information with market context.

For sale is a gated multifamily income compound on a 1.39-acre site in Bakersfield, CA, zoned R2. The property consists of four separate residential structures totaling six units, and is described as fully occupied. The site is enclosed with two enhanced security gates, and is set up to provide parking for tenants and guest vehicles.

The configuration of four distinct structures within one enclosed perimeter offers a private compound setup while maintaining a unified ownership footprint. This property is presented as an income-producing residential portfolio addition with on-site parking and gated access.

Key Highlights

  • 1.39‑acre income‑producing multifamily compound with 6 total units across 4 separate residential structures
  • Zoned R2
  • Fully enclosed perimeter with 2 enhanced security gates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Hair Salon Gym & Fitness Center

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 93308, CA

56,037
Population
21,443
Households
2.6
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
344.6 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$39,676
Median Earnings
$1,260
Median Rent
$298,000
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?
Apartment building - Fully occupied multifamily compound on 1.39 acres with six units in four structures, zoned R2, with gated perimeter and parking.
Where is this apartment building located?
The property is located at 329 McCord Ave Bakersfield, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1.39‑acre income‑producing multifamily compound with 6 total units across 4 separate residential structures; Zoned R2; Fully enclosed perimeter with 2 enhanced security gates
More about this property
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