Duplex with Private
New
For Sale
$499,999
726 K St, Bakersfield, CA 93304
A two-unit residential property offers a combined three-bedroom, two-and-a-half-bathroom layout with updated kitchen finishes.
Property Size2,570 SF
Price / SF$194.55
Days on Market2
Property Features for 726 K St
General Information
Standard status
Active
Size
2,570 SF
Total Parking Spaces
2
Property subtype
Multifamily
Building Details
Year Built
2008
Stories
2
Listing Agency:
Watson Realty
Listed By:
Royce Jennings · License #01959264
(661) 444-6232
Source:
Besthomesbakersfield
Added: Oct 29
Last Checked: Oct 29 at 2:43PM
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 Watson Realty
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Investment Insights
Based on property information with market context.
Built in 2008, this duplex contains 2,570 square feet across two units, with a combined three bedrooms and two-and-a-half bathrooms. Interior features include a primary bedroom with a walk-in closet and private bath, an updated kitchen with granite countertops and a pantry, and a breakfast area. Large living areas and ceramic tile flooring downstairs complete the described layout. Central air conditioning and heating serve the property, which also has two private parking spaces.
The property is located at 726 K St. in Bakersfield. It may be sold as part of a portfolio that also includes properties at 718 K St., 722 K St., 730 K St., 729 L St., and 725 L St.
The property is located at 726 K St. in Bakersfield. It may be sold as part of a portfolio that also includes properties at 718 K St., 722 K St., 730 K St., 729 L St., and 725 L St.
Key Highlights
- 2,570 square feet across two units
- Combined layout includes 3 bedrooms and 2.5 bathrooms
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,305
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,100
$666.1K
Cap Rate 7%
$475,786
$475.8K
Cap Rate 9%
$370,056
$370.1K
Market Conditions
NOI Build-Up for 2,570 SF
Gross rent
$50.9K $19.80/SF
− Vacancy
−$3.3K −$1.29/SF
EGI
$47.6K $18.51/SF
− OpEx
−$14.3K −$5.55/SF
NOI
$33.3K $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%
$666,100
Cap Rate 7%
$475,786
Cap Rate 9%
$370,056
Alternative Uses
Best Use
Multifamily LT 5
$475.8K
$416.3K – $555.1K
NOI $33,305 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$441.9K
$386.7K – $515.5K
NOI $30,932 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$682.0K
$596.8K – $795.7K
NOI $47,740 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
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Business Placement
Demographics for 93304, CA
50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A two-unit residential property offers a combined three-bedroom, two-and-a-half-bathroom layout with updated kitchen finishes.
Where is this duplex located?
The property is located at 726 K St 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: 2,570 square feet across two units; Combined layout includes 3 bedrooms and 2.5 bathrooms; Built in 2008
