Duplex with Updated
New
For Sale
$499,999
730 K St, Bakersfield, CA 93304
Two private parking spaces complement the residence’s central air conditioning and heating.
Property Size2,570 SF
Price / SF$194.55
Days on Market2
Property Features for 730 K St
General Information
Standard status
Active
Size
2,570 SF
Total Parking Spaces
2
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Amenities
central ac and heating
ceramic tile flooring downstairs
updated kitchen
pantry
granite countertops
breakfast area
large living areas
walk-in closet
master bathroom
Building Details
Year Built
2008
Buildings
1
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 2:41PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex provides 2,570 square feet of combined space, with 3 bedrooms and 2.5 bathrooms. The kitchen has granite countertops, a pantry, and a breakfast area, while the living areas provide room for everyday use. Ceramic tile flooring is installed downstairs, and the home has central air conditioning and heating. A primary bedroom includes a walk-in closet and private bathroom. The property was built in 2008 and has 2 private parking spaces.
The duplex is at 730 K St in Bakersfield. It may be offered as part of a portfolio that also includes properties at 718 K St., 722 K St., 726 K St., 729 L St., and 725 L St.
The duplex is at 730 K St in Bakersfield. It may be offered as part of a portfolio that also includes properties at 718 K St., 722 K St., 726 K St., 729 L St., and 725 L St.
Key Highlights
- 2,570 square feet of combined space
- 3 bedrooms and 2.5 bathrooms
- Granite kitchen 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
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two private parking spaces complement the residence’s central air conditioning and heating.
Where is this duplex located?
The property is located at 730 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 of combined space; 3 bedrooms and 2.5 bathrooms; Granite kitchen countertops, pantry, and breakfast area
