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Bakersfield Duplex with Spacious Units

725 L Street Bakersfield, CA 93304

Claim this Listing
For Sale
$499,999

MULTI_FAMILY - Bakersfield, CA

Property size:
2,570 SF
Lot size:
0.09 Acres
Price / SF:
$194.55/SF
Added:
Apr 20, 2026
Days on Market:
86
Last Refresh:
Jul 14 at 10:06 am

Property Features for 725 L Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage
Standard status
Active
APN
00926217
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

Listing office Watson Realty 9101 Camino Media, Bakersfield, CA

Listing date Apr 20, 2026

MLS# 202604276 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 duplex features a combined space of 2570 square feet. Each unit includes 3 bedrooms and 2.5 bathrooms. The master bedroom is spacious and includes a walk-in closet and a private bathroom. The updated kitchen features granite countertops, a pantry, and a breakfast area. Large living areas and ceramic tile flooring are located downstairs. Central air conditioning and heating are included. Each unit has 2 private parking spaces. The property is located in Bakersfield, CA.

Key Highlights

  • Spacious 2570 sq ft duplex with 3 bedrooms and 2.5 bathrooms
  • Updated Kitchen with 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 (±1% cap)
NOI $33,305 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$441.9K
$386.7K – $515.5K (±1% cap)
NOI $30,932 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$682.0K
$596.8K – $795.7K (±1% cap)
NOI $47,740 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith Storage Facility (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Clothing & Fashion Store Catering Service Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Spacious duplex in Bakersfield with updated kitchens and ample parking.
Where is this duplex located?
The property is located at 725 L Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Spacious 2570 sq ft duplex with 3 bedrooms and 2.5 bathrooms; Updated Kitchen with granite countertops, breakfast area, and pantry; Large Master Suite includes a walk‑in closet and private bathroom
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