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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

701 Woodrow Ave, Bakersfield, CA 93308

Four units are remodeled, while upgraded utility systems support a fully occupied multifamily property.

Property SizeContact for details
Days on Market141

Property Features for 701 Woodrow Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Vanguard Realty Investments , Inc
Listed By: Esteban Contreras · License #01975384
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:44AM

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 Vanguard Realty Investments , Inc

Investment Insights

Based on property information with market context.

This five-unit multifamily property provides approximately 3,500 SF of rentable space across four remodeled units and one unrenovated three-bedroom house. Renovation work has been completed on most of the unit mix, with plumbing and electrical improvements, along with a new sewer line, addressing key building systems.

The property is 100% occupied and includes a three-bedroom house that remains available for renovation. The asset is located at 701 Woodrow Ave in Bakersfield, California, and combines updated residential improvements with a varied five-unit configuration.

Key Highlights

  • Five‑unit multifamily property with approximately 3,500 SF of rentable space
  • Four of five units are fully remodeled
  • New sewer line plus updated plumbing and electrical systems

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Skin Care Clinic (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.

Location Intelligence

Trade Area within ½ mile

434
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 - Four units are remodeled, while upgraded utility systems support a fully occupied multifamily property.
Where is this apartment building located?
The property is located at 701 Woodrow Ave Bakersfield, CA.
What are key features of this property?
This property features: Five‑unit multifamily property with approximately 3,500 SF of rentable space; Four of five units are fully remodeled; New sewer line plus updated plumbing and electrical systems
More about this property
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