Duplex with Updated
For Sale
$499,999
726 K Street, Bakersfield, CA 93304
Residential Income, Bakersfield, CA
Property Size2,570 SF
Lot Size0.09 Acres
Price / SF$194.55
Days on Market179
Property Features for 726 K Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Garage
Elementary school
Roosevelt_Bak
Middle school
Emerson
High school
Bakersfield
Elementary school district
Bakersfield City
Subdivision
10
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 Agency:
Watson Realty
(661) 327-5161
Listed By:
Royce Jennings · License #01959264
(661) 444-6232
Added: Apr 20
Changed: Oct 14
Last Checked: Oct 15 at 6:06AM
MLS# 202604275
Copyright © 2026 Golden Empire MLS, Inc. 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 contains a combined 2,570 square feet, with three bedrooms and 2.5 bathrooms. The updated kitchen features granite countertops, a pantry, and a breakfast area, alongside spacious living areas. Downstairs flooring is ceramic tile, and central air conditioning and heating serve the property. Two private parking spaces are included.
Built in 2008, the property occupies a 0.09-acre lot. It may also be offered as part of a portfolio that includes properties on K Street and L Street in Bakersfield.
Built in 2008, the property occupies a 0.09-acre lot. It may also be offered as part of a portfolio that includes properties on K Street and L Street in Bakersfield.
Key Highlights
- 2,570 square feet of combined space
- Three bedrooms and 2.5 bathrooms
- Updated kitchen with granite countertops, pantry, and breakfast area
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.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - The property includes a breakfast area, pantry, and two private parking spaces.
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: 2,570 square feet of combined space; Three bedrooms and 2.5 bathrooms; Updated kitchen with granite countertops, pantry, and breakfast area
