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Property profile & analytics
FOR SALE
Apartment buildings

800 Q St Bakersfield, CA 93301

Built 1935
Property ID
US09-Q025014
Property summary
AI-generated overview

Great Investment or Live-In Opportunity - Fully Rented Multi-Unit Gem in Downtown Bakersfield! Discover this fully-occupied 5-unit property perfectly situated in the heart of Downtown Bakersfield, close to restaurants, shops, and easy freeway access. The property includes two buildings on one lot: Front House (800 31st Street) – Charming single-family home with 2 bedrooms and 1 bath, built in 1935, featuring classic details and a welcoming front porch. Four-Plex (3111 Q Street) – Built in 1985, offering four spacious 2-bedroom, 1-bath units with great natural light and functional layouts. With all units currently rented and a combined monthly income of $5,720, this property provides immediate cash flow from day one. Whether you’re an investor seeking reliable rental income or a buyer looking to live in one unit and rent the rest, this property offers both stability and upside potential. Other highlights include: • Lot size: 8,626 sq ft • Total living space: 4,244 sq ft • Convenient downtown location near major employers, schools, and transportation • Separate addresses and established tenants A rare opportunity to own a multi-unit property in one of Bakersfield’s most accessible neighborhoods — ideal for long-term income, house-hacking, or portfolio growth. bikeScore: 62, Bikeable walkScore: 79, Very Walkable transitScore: 42, Some Transit

Property profile
Verified
Property type Apartment buildings
Year built 1935
UPID US09-Q025014
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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