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2126 O St
Bakersfield, CA 93301
2126 O. STREET BAKERSFIELD, CA 83301 · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Prime multi-family investment property located in the desirable downtown Bakersfield neighborhood.
- Features on-site laundry facilities and parking accessed via the alley, with three garage spaces included.
- Built in 1985, offering a well-maintained structure with strong income potential in a high-demand rental market.
- Recent upgrades include four new HVAC systems (installed in 2025) and freshly painted interiors.
- Excellent location within walking distance to Downtown Elementary School and a 10-minute walk to the Bakersfield Convention Center.
Executive Summary
Corner Complex, located at 2126 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include a Four new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $96,600 annually, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: $1,159,200 Contact us today to learn more!
Property Facts
| Sale Type | Investment | Building Class | C |
| Gross Rent Multiplier | 12 | Lot Size | 0.21 AC |
| No. Units | 7 | Building Size | 6,500 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1985/2025 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C2 - COMMERCIAL | ||
| Sale Type | Investment |
| Gross Rent Multiplier | 12 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,500 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2025 |
| Opportunity Zone |
Yes |
| Zoning | C2 - COMMERCIAL |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Tile Floors
- Tub/Shower
- Dining Room
- Patio
Site Amenities
- Laundry Facilities
Property Taxes
| Parcel Number | 005-311-15-00-6 | Improvements Assessment | $718,453 CAD |
| Land Assessment | $188,332 CAD | Total Assessment | $906,785 CAD |
Property Taxes
Parcel Number
005-311-15-00-6
Land Assessment
$188,332 CAD
Improvements Assessment
$718,453 CAD
Total Assessment
$906,785 CAD
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