There are multiple listings for this address:
1612 1st street
Bakersfield, CA, 93304
$1,650,000
Beds
0 Baths
SqFt
0.63 Acres
Add
Add
$1,650,000
1612 1st street
Bakersfield, CA, 93304
MLS #IV25164851 image #0MLS #IV25164851 image #1MLS #IV25164851 image #2MLS #IV25164851 image #3MLS #IV25164851 image #4MLS #IV25164851 image #5MLS #IV25164851 image #6MLS #IV25164851 image #7MLS #IV25164851 image #8MLS #IV25164851 image #9MLS #IV25164851 image #10MLS #IV25164851 image #11MLS #IV25164851 image #12MLS #IV25164851 image #13MLS #IV25164851 image #14MLS #IV25164851 image #15
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:
$1,650,000
MLS #:
IV25164851
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Multi Family
Neighborhood:
bksfbakersfield
Listed Date:
Jul 22, 2025
Lot Size:
27,442 sqft / 0.63 acres (approx)
Year Built:
1940
Bksfbakersfield

Schools

Interior

Laundry Features
Community

Exterior

Parking Spots
8.00

Financial

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Current real estate data for Residential Income in Bakersfield as of Oct 10, 2025
29
Residential Income Listed
191
Avg DOM
$1,032,948
Avg List Price

Community

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broker reciprocity
MLS# GD25184583broker reciprocity
116 Beardsley Avenue
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$1,550,000

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Property Summary

    1612 1st street Bakersfield CA is a Residential Income for sale in Bakersfield, CA, 93304. It is listed for $1,650,000 To schedule a showing of MLS#iv25164851 at 1612 1st street in Bakersfield, CA, contact your Valley Harvest Properties agent at 5597797132.
1612 1st street
Bakersfield, CA
1612 1st street
Bakersfield, CA, 93304
$1,650,000
Beds
0 Baths
SqFt
0 Acres
Add
Add
$1,650,000
1612 1st street
Bakersfield, CA, 93304
MLS #IV25165693 image #0MLS #IV25165693 image #1MLS #IV25165693 image #2MLS #IV25165693 image #3MLS #IV25165693 image #4MLS #IV25165693 image #5MLS #IV25165693 image #6MLS #IV25165693 image #7MLS #IV25165693 image #8MLS #IV25165693 image #9MLS #IV25165693 image #10MLS #IV25165693 image #11MLS #IV25165693 image #12MLS #IV25165693 image #13MLS #IV25165693 image #14MLS #IV25165693 image #15
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:
$1,650,000
MLS #:
IV25165693
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
bksfbakersfield
Listed Date:
Jul 22, 2025
Year Built:
1940
Bksfbakersfield

Schools

Interior

Laundry Features
Community

Exterior

Parking Spots
8.00

Financial

Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

With over 25 years of experience as a successful attorney in California and a proven track record as a real estate broker since 2015, I bring a unique combination of legal expertise and market insight to every transaction. My career is built on a foundation of dedication, integrity, and a deep understanding of both the legal and real estate landscapes. As an attorney, I’ve honed my negotiation and advocacy skills, ensuring the best outcomes for my clients. As a real estate broker, I’ve seaml…

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Current real estate data for Commercial in Bakersfield as of Oct 10, 2025
29
Commercial Listed
191
Avg DOM
$1,032,948
Avg List Price

Community

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Property Summary

    1612 1st street Bakersfield CA is a Commercial for sale in Bakersfield, CA, 93304. It is listed for $1,650,000 To schedule a showing of MLS#iv25165693 at 1612 1st street in Bakersfield, CA, contact your Valley Harvest Properties agent at 5597797132.

Get In Touch

Valley Harvest Properties

Don’t miss out on your dream property! Contact Valley Harvest Properties today at (559) 779-7132. Schedule a consultation with our experts to start your real estate journey. Whether you’re looking to buy, sell, or lease, we are ready to work for you and ensure your success.

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