1417 Oregon, Bakersfield, CA 93305

Bakersfield
Local realty services provided by:ERA Excel Realty
1417 Oregon,Bakersfield, CA 93305
$480,000
  • - Beds
  • - Baths
  • 1,948 sq. ft.
  • Multi-family
  • Active
Listed by: ashish gupta
Office: side, inc650-273-3832
MLS#:OC26180866
Source:CRMLS

Price summary

  • Price:$480,000
  • Price per sq. ft.:$246.41

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:48 day(s) ago
  • Updated:October 06, 2026 at 11:19 AM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Kitchen Description:Microwave
  • Living area:1,948 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Building area:1,948 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Traditional
  • Construction Materials:Concrete, Drywall, Ducts Professionally Air-Sealed, Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$480,000
  • Price per sq. ft.:$246.41

Features and amenities

  • Amenities:All Bedrooms Up, Carbon Monoxide (CO2) Detector, Granite Counters, High Ceilings, Two Story Ceilings

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1
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