1316 H St, Bakersfield, CA 93301

Property Description

1316 H Street presents another exceptional central Bakersfield investment opportunity. Offered at $485,000, this attractive four-plex features four well-designed 1 bed/1 bath units generating $43,916 in gross annual rents, with continued upside potential. The property includes four one-car garages, providing added tenant convenience and additional rental appeal. Significant electrical improvements have already been made, with the panel upgraded to modern standards, offering peace of mind for ownership. Additionally, the plumbing and insulation have also been upgraded. Investors also have the rare opportunity to purchase this building together with the neighboring 1300 H Street, creating a strong eight-unit portfolio with scale, improved efficiencies, and long-term growth potential in a prime central location. The current rents range from $907 - $937.