Updated Duplex with Private
718 K Street Bakersfield, CA 93304
718 K Street, Bakersfield, CA, 93304
$489,999
For Sale
$489,999
MULTI_FAMILY - Bakersfield, CA
Property Size2,570 SF
Lot Size0.09 Acres
Price / SF$190.66
Days on Market89
Property Features for 718 K Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- 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 Agency
Watson Realty
(661) 327-5161
9101 Camino Media, Bakersfield, CA
Listed by
Royce Jennings · License #01959264
(661) 444-6232
Added: Apr 20 Checked: Jul 17 at 4:06 pm
MLS# 202604258
Listing URL
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.
Investment Insights
Based on property information with market context.
This updated duplex at 718 K Street features three spacious bedrooms and 2.5 bathrooms across a total of 2,570 square feet. The home includes a large primary suite with a walk-in closet and its own bathroom, along with a kitchen designed with a pantry, granite countertops, a breakfast area, and generous living areas. Ceramic tile flooring is featured downstairs, and the property also offers central air conditioning and heating. Two private parking spaces are included.
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.
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.
Key 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.
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 |
2,570 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$475.8K
$416.3K – $555.1K
NOI $33,305 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$441.9K
$386.7K – $515.5K
NOI $30,932 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$682.0K
$596.8K – $795.7K
NOI $47,740 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Updated duplex offers spacious bedrooms, 2.5 baths, central A/C, and two private parking spaces.
Where is this duplex located?
The property is located at 718 K Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $489,999.
What are key features of this property?
This property features: 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.
