718 K Street, Bakersfield, CA 93304
MULTI_FAMILY - Bakersfield, CA
- Added:
- Apr 20, 2026
- Days on Market:
- 73
- Last Refresh:
- Jul 1 at 5:06 am
Property Features for 718 K Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- APN
- 00926222
- Size
- 2,570 SF
- Lot size
- 0.09 Acres
Building Details
- Year built
- 2008
- Floors in Building
- 2
- Number of units
- 2
Listing agent Royce Jennings License #01959264 (661) 444-6232
Listing office Watson Realty 9101 Camino Media, Bakersfield, CA (661) 327-5161
Listing date Apr 20, 2026
Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Spacious 2570 sq ft with 3 bedrooms and 2.5 bathrooms.
- Updated Kitchen: Features granite countertops, breakfast area, and pantry.
- Large Master Suite: Includes a walk‑in closet and private bathroom.
- Central AC and Heating.
- Two Private Parking Spaces.
- Investment Opportunity: Can be sold as a portfolio with other units.
Overview
The property is located in Bakersfield, California (Kern County). The seller notes that units may be sold as part of a portfolio, with additional listings referenced at 730 K St., 722 K St., 726 K St., 729 L St., and 725 L St.
For tenants or owner-operators seeking a duplex configuration, this layout provides room for comfortable everyday living, with a dedicated primary bedroom/bath setup and functional kitchen features. Central A/C and heating, plus private parking, support day-to-day convenience. Buyers considering a multi-property approach may also explore the portfolio option with the additional referenced addresses.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $19.80 |
| − Vacancy | −$3.3k | −$1.29 |
| EGI | $47.6k | $18.51 |
| − OpEx | −$14.3k | −$5.55 |
| NOI | $33.3k | $12.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.017302
- Latitude
- 35.36417
