5201 Demaret, Bakersfield, CA 93309

$1,462,000
10,980
SqFt

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Sold Price
$1,462,000
List Price
$1,640,000
Closing Date
Aug 15, 2025
MLS#
202507547
Status
CLOSED
Type
Multifamily
SubType
Residential Income
City
Bakersfield
Area
Southwest
County
Kern
Living Area
10,980
Year Built
1970
Lot Size
24,393

Property Description

Offered at $1,640,000, 5201 Demaret is a well-maintained 16-unit apartment complex located in Southwest Bakersfield near the California Avenue office corridor and major retail centers. Built in 1970 and totaling approximately 10,980 square feet, the property generates a gross scheduled income of $181,860 annually. The seller has cared for the building to a high standard, including recent exterior paint and ongoing upkeep. This asset presents an attractive opportunity for investors seeking cash flow in a strong rental submarket

Additional Information

Parking Type
Uncovered, Other
Stories
2
Disclosures
None of the Above

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Calculator source: Real Geeks

Courtesy of Marc A Thurston with ASU Commercial

Courtesy of Marc A Thurston with ASU Commercial

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2026 Bakersfield Association of Realtors. All Rights Reserved.
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