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Duplex with Detached Shop
For Sale
$299,900

3315 Culver Street, Bakersfield, CA 93306

Residential Income, Bakersfield, CA

Property Size1,126 SF
Lot Size0.19 Acres
Price / SF$266.34
Days on Market47

Property Features for 3315 Culver Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Covered
Elementary school Pioneer Drive
Middle school Stiern, Walter
High school Foothill
Subdivision 42
Standard status Active
APN 13514118
Size 1,126 SF
Lot size 0.19 Acres

Building Details

Year built 1947
Floors in Building 1
Number of units 2
Listing Agency: Watson Realty
Listed By: Alex Daredia · License #02035436
Added: Aug 28 Changed: Oct 7 Last Checked: Oct 13 at 3:06AM
MLS# 202609279

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.

Investment Insights

Based on property information with market context.

This duplex comprises two homes on a 0.19-acre parcel, with a combined property size listed as 1,126 square feet. Each residence has a fenced yard, and the rear home includes a shop. The property also has separate gas and power meters for the two homes, along with covered parking. Built in 1947, the property is located on Culver Street in Bakersfield.

Key Highlights

  • Two homes on one 0.19‑acre lot
  • Property size listed as 1,126 square feet
  • Separate gas and power meters for each home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,748
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,960 $295.0K
Cap Rate 7%
$210,686 $210.7K
Cap Rate 9%
$163,867 $163.9K
Market Conditions
NOI Build-Up for 1,126 SF
Gross rent
$22.3K $19.80/SF
− Vacancy
−$1.2K −$1.09/SF
EGI
$21.1K $18.71/SF
− OpEx
−$6.3K −$5.61/SF
NOI
$14.7K $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%
$294,960
Cap Rate 7%
$210,686
Cap Rate 9%
$163,867

Alternative Uses

Best Use
Multifamily LT 5
$210.7K
$184.4K – $245.8K (±1% cap)
NOI $14,748 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$189.2K
$165.6K – $220.8K (±1% cap)
NOI $13,245 @ 7.0% cap · market cap 4.42%
Theoretical Best
Specialty Retail
$301.0K
$263.4K – $351.2K (±1% cap)
NOI $21,069 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

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

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?
Duplex - Separate utility meters and fenced outdoor areas provide independent setup for both residences.
Where is this duplex located?
The property is located at 3315 Culver Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two homes on one 0.19‑acre lot; Property size listed as 1,126 square feet; Separate gas and power meters for each home
More about this property
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