Remodeled Quadplex with Covered
For Sale
$604,995
712 Knotts St, Bakersfield, CA 93305
Four residential units offer varied layouts, updated finishes, gated access, and covered parking.
Property Size4,026 SF
Price / SF$150.27
Days on Market59
Property Features for 712 Knotts St
General Information
Standard status
Active
Size
4,026 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA, 2 x 2BR/1.5BA
Multifamily Units
4
Amenities
gated
covered parking
Building Details
Buildings
1
Listing Agency:
eHomes of Bakersfield
(661) 412-4959
Listed By:
Alfred M. Coronado
(661) 345-9969
Source:
Exprealty
Added: Sep 6
Changed: Nov 2
Last Checked: Nov 1 at 11:20AM
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 eHomes of Bakersfield
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Investment Insights
Based on property information with market context.
This 4,026-square-foot quadplex contains four residential units with a varied configuration: one front unit with 3 bedrooms and 2 baths, one 2-bedroom, 1-bath unit, and two 2-bedroom, 1.5-bath units. Interior improvements include tile flooring, granite countertops, undermount sinks, tiled showers, newer carpet, two-tone paint, and updated finishes. The property also includes gated access, a gated front yard for the front residence, and covered parking behind the building.
Located on Knotts St in Bakersfield’s East Bakersfield area, the property is near schools, shopping, dining, and public transportation. Downtown Bakersfield is nearby, with freeway access available from the surrounding area.
Located on Knotts St in Bakersfield’s East Bakersfield area, the property is near schools, shopping, dining, and public transportation. Downtown Bakersfield is nearby, with freeway access available from the surrounding area.
Key Highlights
- 4,026‑square‑foot quadplex with four residential units
- Unit mix includes one 3‑bedroom, 2‑bath unit, one 2‑bedroom, 1‑bath unit, and two 2‑bedroom, 1.5‑bath units
- Updated interiors with tile flooring, granite countertops, tiled showers, newer carpet, and two‑tone paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,173
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,043,460
$1.0M
Cap Rate 7%
$745,329
$745.3K
Cap Rate 9%
$579,700
$579.7K
Market Conditions
NOI Build-Up for 4,026 SF
Gross rent
$79.7K $19.80/SF
− Vacancy
−$5.2K −$1.29/SF
EGI
$74.5K $18.51/SF
− OpEx
−$22.4K −$5.55/SF
NOI
$52.2K $12.96/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,043,460
Cap Rate 7%
$745,329
Cap Rate 9%
$579,700
Alternative Uses
Best Use
Multifamily LT 5
$745.3K
$652.2K – $869.6K
NOI $52,173 @ 7.0% cap · market cap 8.62%
Second Best
Apartment 5plus
$692.2K
$605.7K – $807.6K
NOI $48,456 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$1.07M
$934.8K – $1.25M
NOI $74,787 @ 7.0% cap · market cap 12.36%
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
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer varied layouts, updated finishes, gated access, and covered parking.
Where is this quadplex located?
The property is located at 712 Knotts St Bakersfield, CA.
What is the asking price?
The asking price for this property is $604,995.
What are key features of this property?
This property features: 4,026‑square‑foot quadplex with four residential units; Unit mix includes one 3‑bedroom, 2‑bath unit, one 2‑bedroom, 1‑bath unit, and two 2‑bedroom, 1.5‑bath units; Updated interiors with tile flooring, granite countertops, tiled showers, newer carpet, and two‑tone paint
