Duplex with Covered
913 Jeffrey Street, Bakersfield, CA 93305
For Sale
$385,000
Residential Income, Bakersfield, CA
Property Size1,674 SF
Lot Size0.15 Acres
Price / SF$229.99
Days on Market50
Property Features for 913 Jeffrey Street
General Information
Property type
Property subtype
Parking features
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
LPT Realty. Inc.
(877) 366-2213
Listed By:
Salvador Flores
(818) 437-2037
Added: Sep 21
Changed: Oct 29
Last Checked: Nov 9 at 7:06AM
MLS# 202610117
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.
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Investment Insights
Based on property information with market context.
This duplex contains two units totaling 1,674 square feet on a 0.1491-acre parcel. The rear unit has been renovated and is occupied; the front unit has undergone substantial reconstruction and remains vacant. Covered parking is provided, and the property was built in 1971.
Retroactive permits for the front unit improvements are pending and have not been issued. The seller is pursuing approval with an architect, but makes no guarantee about the timing or outcome. The property is offered as-is, and buyers should independently verify permits, zoning, square footage, unit configuration, use, and other property details.
Retroactive permits for the front unit improvements are pending and have not been issued. The seller is pursuing approval with an architect, but makes no guarantee about the timing or outcome. The property is offered as-is, and buyers should independently verify permits, zoning, square footage, unit configuration, use, and other property details.
Key Highlights
- Two‑unit duplex with 1,674 square feet
- Renovated rear unit is currently rented for $880/month
- Front unit is vacant following substantial reconstruction; retroactive permits are pending
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,694
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,880
$433.9K
Cap Rate 7%
$309,914
$309.9K
Cap Rate 9%
$241,044
$241.0K
Market Conditions
NOI Build-Up for 1,674 SF
Gross rent
$33.1K $19.80/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$31.0K $18.51/SF
− OpEx
−$9.3K −$5.55/SF
NOI
$21.7K $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%
$433,880
Cap Rate 7%
$309,914
Cap Rate 9%
$241,044
Alternative Uses
Best Use
Multifamily LT 5
$309.9K
$271.2K – $361.6K
NOI $21,694 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$287.8K
$251.9K – $335.8K
NOI $20,148 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$444.2K
$388.7K – $518.3K
NOI $31,096 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
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Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Bakersfield, CA
Properties on Market for Duplexes in Bakersfield
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One unit is rented, while the reconstructed front unit is vacant and awaiting permit approval.
Where is this duplex located?
The property is located at 913 Jeffrey Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,674 square feet; Renovated rear unit is currently rented for $880/month; Front unit is vacant following substantial reconstruction; retroactive permits are pending
