401 E California Ave, Bakersfield, CA 93307

$725,000
3,924
SqFt

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Sold Price
$725,000
List Price
$799,999
Closing Date
Nov 12, 2025
MLS#
202508691
Status
CLOSED
Type
Multifamily
SubType
Residential Income
City
Bakersfield
Area
Southeast
County
Kern
Living Area
3,924
Year Built
1946
Lot Size
9,583

Property Description

Incredible investment opportunity in a high-visibility corner location. This versatile M1-zoned property features a fully leased mixed-use setup with a commercial storefront, a renovated 3 bed/2 bath home, four 1 bed/1 bath casitas (three recently updated), a garage with office/storage space, and income-producing billboard signage. Most units have been upgraded, and all have separate PG&E meters (six total); water is owner-paid. Strong rental history with solid cash flow and upside potential. Located in an established area near downtown Bakersfield with convenient access to major streets and freeways. Ideal for investors seeking steady income and long-term growth in a mixed-use setting. Do not disturb tenants. Drive by only.

Additional Information

Parking Type
Uncovered
Stories
1
Disclosures
None of the Above

Mortgage Calculator

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Omar L Ortiz with My Realty Company, Inc.

Courtesy of Omar L Ortiz with My Realty Company, Inc.

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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