1905 California Ave, Bakersfield, CA 93304

Property Description

1905 California Avenue presents a rare opportunity to acquire a 24-unit multifamily asset in the heart of Bakersfield, California. The property consists of a desirable unit mix of nineteen (19) 2-bedroom/1-bath units, four (4) 1-bedroom/1-bath units, and one (1) 3-bedroom/1-bath unit, providing broad tenant appeal. The asset currently generates over $280,000 in gross annual income, offering investors immediate cash flow with the potential for future revenue growth through continued rent optimization and operational efficiencies. Located along a major Bakersfield corridor with convenient access to employment centers, retail amenities, schools, and transportation routes, the property benefits from strong rental demand within a growing Central Valley market. This offering represents an attractive value-add and long-term hold opportunity for investors seeking scale, income, and upside potential in one of California's most affordable multifamily markets.