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    Chester Ave Bakersfield, CA 93308

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    For Sale
    $713,999

    Fully occupied six-unit property in Bakersfield with steady income.

    Property size:
    4,950 SF
    Lot size:
    0.49 Acres

    Property Features for Chester Ave

    General Information

    Standard status
    Active
    Size
    4,950 SF
    Lot size
    0.49 Acres

    Building Details

    Year built
    1979

    Source: CLASSIC INVESTMENTS Agent EVELYN WAIDHOFER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Six-Unit Multifamily Investment Opportunity

    This multifamily property in Bakersfield presents an investment opportunity with six fully occupied units. The property consists of three buildings, each unit featuring two bedrooms. The property has been well-maintained, with two of the units completely remodeled. Each unit includes inside washer and dryer hookups, as well as central air and heating. Situated on a half-acre lot, the property provides tenants with 14 parking spaces and each unit has its own private yard. All tenants are currently on month-to-month leases. The property size is 4950 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -119.0185926
    Latitude
    35.353658

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied six-unit property in Bakersfield with steady income.
    Where is this apartment building located?
    The property is located at Chester Ave Bakersfield, CA.
    What is the asking price?
    The asking price for this property is $713,999.
    What are key features of this property?
    This property features: - Six fully occupied units offering steady income.; - Two units are completely remodeled.; - Each unit has its own private yard.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Chester Ave Bakersfield, CA 93308
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