1417 Oregon, Bakersfield, CA 93305
- $490,000
Listed by Ashish Gupta, from Side, Inc
(If provided) CoList: from
- List Price
- $490,000
- MLS#
- CROC26180866
- Status
- ACTIVE
- Lot Size
- 3,920
- Listing Area
- Bksf - Bakersfield
Property Description
Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.
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Additional Information
- Amenities
- Counter - Stone, High Ceiling, Other
- Cooling System
- Central AC
- Foundation
- Concrete Slab
- Heating System
- Central Forced Air
- Laundry Facilities
- In Laundry Room
- Lot Size
- 3,920
- Neighborhood
- Bksf - Bakersfield
- Numberof Units
- 2
- Other Rooms
- Formal Entry
- Pool Description
- 31, None
- Roof
- Composition
- Style
- Traditional
- Unincorporated Yn
- Yes
- View
- Neighborhood View, View of City Lights
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