Multifamily

Kernville, CA Multifamily Properties for Sale

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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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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 Active listings in Kernville, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex Across From River Island
Duplex Across From River Island

31916 Country Club Drive, Porterville, CA 93257

$600,000
2,725 sqft 0.29 AC lot

Duplex near River Island Country Club with investment potential.

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Multi-Home Residential Income Property
Multi-Home Residential Income Property

516 S Conner Street, Porterville, CA 93257

$289,999
779 sqft 1.16 AC lot

Four-residence setup on a large lot with dual access via Conner St or Walnut Rd off Springville Dr.

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3-Bedroom Home in Mobile Villa
3-Bedroom Home in Mobile Villa

12-6601 Eucalyptus, Bakersfield, CA 93306

$119,900
1,120 sqft

Built in 2007, this move-in ready 3-bedroom, 2-bath home includes access to community pool, playground, and basketball court.

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Turnkey Bakersfield Duplex Investment
Turnkey Bakersfield Duplex Investment

106 E Warren Avenue #A & B, Bakersfield, CA 93308

$389,000
0.15 AC lot

Duplex with long-term tenants and professional management in place.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land with Lake Frontage
Vacant Land with Lake Frontage

630 Evans Rd, Wofford Heights, CA 93285

$399,000
3.49 AC lot

Vacant land in R-F zoning with documented plans and approximately 1,200 feet of lake high-water line.

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Residential Land in Weldon, CA
Residential Land in Weldon, CA

9133 Iroquois Way, Weldon, CA 93283

$30,000
0.17 AC lot

Single-family land with mountain views near Lake Isabella.

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Flat Land with Mountain Views
Flat Land with Mountain Views

8521 Fremontia Way, Lake Isabella, CA 93240

Contact for pricing
0.16 AC lot

Usable flat land with partial fence and mountain views.

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Ready-to-Build Residential Lot
Ready-to-Build Residential Lot

8313 Wildmint, Lake Isabella, CA 93240

Contact for pricing
0.14 AC lot

Rectangular, level, fenced and gated lot with water and electric at the street plus an in-ground septic system.

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Kernville, CA Multifamily Properties Market Trends and Statistics

Explore 20 multifamily properties for sale in Kernville, CA on our real estate platform. These investment opportunities span a total of 5,570 square feet of properties for sale, with an estimated market value of $775,000.

Sale prices for multifamily properties in Kernville, CA start at $775,000, averaging $775,000, and reaching up to $775,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 726
Population Growth (5Y) -28.5%
Median Household Income $49,665
College Educated 65.4%

High-Yield Neighborhoods for Investment

Identify Kernville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
93238 $399K

Taxes & Financing

Tax Rate (average for all types) 1.18%
Property Tax per SF $16.28 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kern County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kern County

Retail

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