Two-Home Duplex with Private
New
For Sale
$377,500
818 11th Street, Bakersfield, CA 93304
Residential Income, Bakersfield, CA
Property Size1,728 SF
Lot Size0.13 Acres
Price / SF$218.46
Days on Market3
Property Features for 818 11th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Covered
Elementary school
McKinley
Middle school
Emerson
High school
Bakersfield
Subdivision
10
Standard status
Active
APN
00905107
Size
1,728 SF
Lot size
0.13 Acres
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Listing Agency:
Watson Realty
(661) 327-5161
Listed By:
Michael R Still · License #01922761
(661) 865-8555
Added: Oct 11
Last Checked: Oct 13 at 2:06AM
MLS# 202610860
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 comprises two separate homes on a 0.1286-acre lot, with 1,728 square feet of property size. Each residence has 3 bedrooms, 1 bathroom, its own PG&E meter, and a private yard. The property was built in 1930, and covered parking is available.
One home is currently rented, while the second is vacant. The separate residences and their individual yards provide distinct living spaces on a shared parcel.
One home is currently rented, while the second is vacant. The separate residences and their individual yards provide distinct living spaces on a shared parcel.
Key Highlights
- Two separate homes, each with 3 bedrooms and 1 bathroom
- 1,728 square feet on a 0.1286‑acre lot
- Individual PG&E meters and private yards for both homes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,393
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,860
$447.9K
Cap Rate 7%
$319,900
$319.9K
Cap Rate 9%
$248,811
$248.8K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$34.2K $19.80/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$32.0K $18.51/SF
− OpEx
−$9.6K −$5.55/SF
NOI
$22.4K $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%
$447,860
Cap Rate 7%
$319,900
Cap Rate 9%
$248,811
Alternative Uses
Best Use
Multifamily LT 5
$319.9K
$279.9K – $373.2K
NOI $22,393 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$297.1K
$260.0K – $346.6K
NOI $20,798 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$458.6K
$401.2K – $535.0K
NOI $32,099 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,288
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 - Each residence has separate utility metering, and one is occupied while the other is vacant.
Where is this duplex located?
The property is located at 818 11th Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $377,500.
What are key features of this property?
This property features: Two separate homes, each with 3 bedrooms and 1 bathroom; 1,728 square feet on a 0.1286‑acre lot; Individual PG&E meters and private yards for both homes
