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    Mixed-Use Income Building
    Updated: Mar 31
    Mixed-Use Income Building

    16 Tobias St, Kernville, CA

    $775,000
    5,570 sqft
    Two‑story commercial building in Kernville, CA, located right on Circle Park
    First floor offers 3,300 sq ft flexible retail space: lease as one unit or split into three with separate electric meters
    First‑floor layout includes shared restrooms and a laundry facility, plus private rear entrances and ample parking
    Upstairs features three rentable apartments: two 440 sq ft units (#1 and #2) and a 1,540 sq ft Unit #3
    Unit #3 includes vaulted‑ceiling living room, propane fireplace, covered patio overlooking Circle Park, plus 2 bed, 2 bath, and office
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    This listing looks promising.

    Here's a quick look at some key insights for

    16 Tobias St, Kernville, CA

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $70K
      Annual

    • Price @ 7% Cap

      $993K
      Above asking

    • Last Sold

      Sep 2007
      $240K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1958
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    Apartment Building with One- and Two-Bed Units
    Updated: Jul 29
    Apartment Building with One- and Two-Bed Units

    617 E Ridgecrest Blvd, Ridgecrest, CA 93555

    $825,000
    6,730 sqft 0.25 AC lot
    0.25‑acre apartment complex with 6,730 SF built in 1979
    Five 2‑bedroom and four 1‑bedroom apartments
    Select units include balconies or small fenced backyard spaces
    Several units updated with luxury vinyl plank flooring and quartz countertops
    Dual cooling and shingle roof
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    Seven-Unit Apartment Property
    Seven-Unit Apartment Property

    319 Holtby Road, Bakersfield, CA 93304

    $1,999,999
    4,866 sqft 0.60 AC lot

    Eight separate buildings create a low-density multifamily layout with garage and carport parking.

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    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    530 Union Avenue, Bakersfield, CA 93307

    $900,000
    1,950 sqft 0.21 AC lot

    Seven residential units accompany three vacant commercial spaces available for lease.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Nine-Unit Apartment Building
    Nine-Unit Apartment Building

    617 E Ridgecrest Blvd, Ridgecrest, CA 93555

    $825,000
    6,730 sqft

    Nine apartments with a mix of one- and two-bedroom layouts, select private outdoor areas, and ongoing interior updates.

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    16-Unit Apartment Building
    16-Unit Apartment Building

    1010 Beale Avenue, Bakersfield, CA 93305

    $1,865,000
    11,520 sqft 0.46 AC lot

    Gated multifamily property with onsite laundry and covered parking.

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    Four-Unit Gated Quadplex
    Four-Unit Gated Quadplex

    600 Hosking Avenue, Bakersfield, CA 93307

    $875,000
    4,432 sqft 0.13 AC lot

    Gated residential property with shared recreation amenities and laundry hookups in every unit.

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    Three-Home Multifamily Property
    Three-Home Multifamily Property

    18518 Pellisier Road, Tehachapi, CA 93561

    $1,200,000
    5,458 sqft 20.22 AC lot

    Three detached residences with shared acreage, private water service, equestrian improvements, and income-producing occupancy.

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    Seven-Unit Multifamily Property
    Seven-Unit Multifamily Property

    319 Holtby Rd, Bakersfield, CA 93304

    $1,999,999
    4,866 sqft 0.60 AC lot

    Eight buildings on a spacious lot offer open parking and outdoor areas for residents.

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    4-Unit Quadplex with Covered Parking
    4-Unit Quadplex with Covered Parking

    1316 E California Avenue, Bakersfield, CA 93307

    $629,000
    3,932 sqft 0.20 AC lot

    Central HVAC, washer/dryer hookups, tile flooring, and dual-pane windows serve all four three-bedroom residences.

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    Newly Built Single-Story Triplex
    Newly Built Single-Story Triplex

    1222 Jeffrey Street, Bakersfield, CA 93305

    $620,000
    939 sqft 0.16 AC lot

    Three separately metered residences feature modern finishes, solar panels, and covered parking.

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    11-Unit Apartment Building
    11-Unit Apartment Building

    2300 D St, Bakersfield, CA 93301

    $1,500,000
    8,212 sqft 0.51 AC lot

    CO-zoned multifamily property with cottage units, varied layouts, and extensive tenant parking.

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    Renovated Apartment Building
    Renovated Apartment Building

    1610 Oregon Street, Bakersfield, CA 93305

    $800,000
    5,681 sqft 0.26 AC lot

    Four apartment units offer two-bedroom layouts, complemented by renovated office and shared-use areas.

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    Four-Unit Apartment Property
    Four-Unit Apartment Property

    2801 Alta Vista Drive, Bakersfield, CA 93305

    $639,000
    3,723 sqft 0.27 AC lot

    Unit mix includes three two-bedroom residences and one three-bedroom residence.

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    Remodeled Quadplex with Central Air
    Remodeled Quadplex with Central Air

    1316 E California Ave, Bakersfield, CA 93307

    $629,000
    3,932 sqft

    The four-unit property includes one vacancy, while two apartments feature updated finishes and appliances.

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    24-Unit Apartment Building
    24-Unit Apartment Building

    1905 California Avenue, Bakersfield, CA 93304

    $2,590,000
    16,668 sqft 0.44 AC lot

    Multifamily property with a mixed one-, two-, and three-bedroom unit mix.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    1018 Miller Street, Bakersfield, CA 93305

    $1,060,000
    3,808 sqft 0.23 AC lot

    Uniform one-bedroom, one-bathroom layouts offer a consistent configuration across the property.

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    Four-Unit Gated Community Property
    Four-Unit Gated Community Property

    600 Hosking Avenue #10, Bakersfield, CA 93307

    $872,000
    4,432 sqft

    Gated community property with a two-bedroom and three-bedroom unit mix, central air conditioning, and central heat.

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    Remodeled Quadplex
    Remodeled Quadplex

    1211 Alta Vista Drive, Bakersfield, CA 93305

    $725,000
    3,136 sqft 0.17 AC lot

    Updated residences feature two bedrooms, one bathroom, fresh finishes, and washer and dryer hookups.

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    Newly Built Single-Story Triplex
    Newly Built Single-Story Triplex

    1222 Jeffrey St, Bakersfield, CA 93305

    $620,000
    939 sqft

    Three separately metered residences with solar panels, upgraded finishes, and a practical mix of two- and three-bedroom layouts.

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    Triplex With Garage Parking
    Triplex With Garage Parking

    220 F Street, Bakersfield, CA 93304

    $545,000
    2,690 sqft 0.15 AC lot

    Three residential units feature consistent two-bedroom, one-bath layouts with access to two garages.

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    Four-Unit Apartment Building
    Four-Unit Apartment Building

    1316 Flower Street, Bakersfield, CA 93305

    $595,000
    3,432 sqft 0.17 AC lot

    R-3 property with updated interiors, gated parking, and washer-dryer connections in every apartment.

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    Downtown Quadplex
    Downtown Quadplex

    201 Truxtun Ave, Bakersfield, CA 93305

    $589,990
    1,632 sqft

    Four-unit property combining two-bedroom apartments with studio residences in a downtown setting.

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    Mojave Multifamily Investment Opportunity
    Mojave Multifamily Investment Opportunity

    16039 L Street, Mojave, CA 93501

    $650,000
    3,863 sqft 0.35 AC lot

    Eight-unit residential income property in Mojave, California, near Highway 14.

    View details

    Kern County, CA Multifamily Properties Market Trends and Statistics

    Explore 293 multifamily properties for sale in Kern County, CA, showcased through 293 active listings on our real estate platform. These investment opportunities span a total of 703,533 square feet of properties for sale, with an estimated market value of $139,625,648.

    Sale prices for multifamily properties in Kern County, CA start at $37,000, averaging $617,812, and reaching up to $7,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Kern County Real Estate Agencies

    Realmo connects you with licensed Kern County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Watson Realty
    9101 Camino Media Bakersfield, CA 93311
    Phone: 16613275161
    www.watsonrealty.com
    Keller Williams Realty Bakersfield
    11420 Ming Avenue, Suite 530 Bakersfield, CA 93311
    Phone: 16616176500
    www.kwbakersfield.com
    Jeff Mowry
    16218 MIl Potrero Hwy, po box "J" Pine Mountain Club, CA 93222
    Phone: 16612424242
    www.jenningsrealty.org

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