1417 Oregon, Bakersfield, CA 93305

Bakersfield
Local realty services provided by:ERA Excel Realty
1417 Oregon,Bakersfield, CA 93305
$490,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ashish gupta
Office: side, inc
MLS#:OC26180866
Source:MLSListings

Price summary

  • Price:$490,000

About this home

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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Home facts

  • Year built:2024
  • Listing ID #:OC26180866
  • Added:2 day(s) ago
  • Updated:August 21, 2026 at 04:47 PM

Rooms and interior

  • Kitchen Description:Microwave

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Lot area:0.09 Acres
  • Lot Features:Mid Block
  • Architectural Style:Traditional
  • Foundation Description:Concrete Slab

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$490,000

Features and amenities

  • Laundry features:In Laundry Room
  • Amenities:High Ceiling
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