$1,600,000
1612 1st street
Bakersfield, CA, 93304
This charming Spanish-style 10-unit apartment property in Bakersfield presents a rare and beautiful value-add investment opportunity. Theproperty features distinctive Spanish cottage architecture with red-tile roofs, arched entryways, and lush landscaping that exudes curb appeal andtimeless character. Each unit is thoughtfully designed with spacious layouts and classic details that attract quality tenants. With strong in-placecash flow, the investor can enjoy immediate income from a stabilized rental base in a high-demand submarket. What sets this opportunity apart isthe significant upside potential through the conversion of eight detached garages. The investor has the option to create new revenue streams byconverting the garages into rentable accessory dwelling units (ADUs), tapping into the growing demand for affordable housing in Bakersfield.Alternatively, the garages can be leased as storage units for additional monthly income. This flexible value-add strategy offers both immediate andlong-term income growth, making it an ideal opportunity for a savvy investor looking to capitalize on both yield and appreciation in a growingCentral Valley market.
Property Details
Price:
$1,600,000
MLS #:
IV25165693
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
bksf
Listed Date:
Oct 3, 2025
Total Sq Ft:
7,293
Lot Size:
27,442 sqft / 0.63 acres (approx)
Year Built:
1940
Schools
Interior
Laundry Features
CM
Exterior
Parking Spots
8
Financial
Mortgage Calculator
Map
Current real estate data for Commercial in Bakersfield as of Nov 26, 2025
10
Commercial Listed
89
Avg DOM
$1,054,895
Avg List Price
Community
- Address1612 1st street Bakersfield CA
- CityBakersfield
- CountyKern
- Zip Code93304
Subdivisions in Bakersfield
Similar Listings Nearby
Property Summary
- 1612 1st street Bakersfield CA is a Commercial for sale in Bakersfield, CA, 93304. It is listed for $1,600,000 To schedule a showing of MLS#iv25165693 at 1612 1st street in Bakersfield, CA, contact your Valley Harvest Properties agent at 5597797132.
Courtesy of THE ASSOCIATES REALTY GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Valley Harvest Properties include the name of the listing broker. Neither the listing company nor Valley Harvest Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1612 1st street
Bakersfield, CA

















