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Spacious Duplex in Bakersfield, CA

726 K 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 726 K Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage
Standard status
Active
APN
00926220
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# 202604275 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 property, located in Bakersfield, CA, 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 kitchen has been updated and features a pantry, granite countertops, and a breakfast area. The living areas are large. The property includes ceramic tile flooring downstairs, central air conditioning and heating, and 2 private parking spaces. The lot size is 0.09 acres. These units can be sold as a portfolio with 718 K St., 722 K St., 730 K St., 729 L St., 725 L St.

Key Highlights

  • Spacious 3‑bedroom duplex with 2570 sq ft.
  • Updated kitchen with granite countertops and pantry.
  • Large master suite with 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

Storage Facility Locksmith Veterinary Clinic Butcher Electrical Service Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency Catering Service

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

FAQs

What type of property is this?
Duplex - Duplex with 3 bedrooms, 2.5 bathrooms, and updated kitchen.
Where is this duplex located?
The property is located at 726 K 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 3‑bedroom duplex with 2570 sq ft.; Updated kitchen with granite countertops and pantry.; Large master suite with walk‑in closet and private bathroom.
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More about this property
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