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1601-1605 Jefferson St 1601 Jefferson St 13 Unit Apartment Building $1,425,000 ($109,615/Unit) 7.51% Cap Rate Bakersfield, CA 93305
Investment Highlights
- Close proximity to school
- Laundry room on property
Executive Summary
13-Unit Multifamily Investment Opportunity – Bakersfield, CA
Located at 1601, 1603, and 1605 Jefferson Street, Bakersfield, CA 93305, this 13-unit multifamily investment offers strong in-place cash flow with additional upside potential in one of California’s most affordable rental markets.
The property consists of a desirable mix of spacious one-bedroom and two-bedroom units situated across two parcels totaling approximately 18,776 square feet. With approximately 9,866 rentable square feet, the property was constructed in phases between 1961 and 1980, with additional improvements completed in 1986.
The unit mix is well-positioned to meet consistent workforce housing demand, with the majority of units configured as two-bedroom apartments. This asset presents an attractive opportunity for investors seeking stable income and long-term growth potential.
Contact us today for additional details.
Located at 1601, 1603, and 1605 Jefferson Street, Bakersfield, CA 93305, this 13-unit multifamily investment offers strong in-place cash flow with additional upside potential in one of California’s most affordable rental markets.
The property consists of a desirable mix of spacious one-bedroom and two-bedroom units situated across two parcels totaling approximately 18,776 square feet. With approximately 9,866 rentable square feet, the property was constructed in phases between 1961 and 1980, with additional improvements completed in 1986.
The unit mix is well-positioned to meet consistent workforce housing demand, with the majority of units configured as two-bedroom apartments. This asset presents an attractive opportunity for investors seeking stable income and long-term growth potential.
Contact us today for additional details.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Range
- Carpet
- Grill
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | $1,105 | 670 |
| 1+1 | 2 | $880.00 | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $642,938 | |
| Land Assessment | $75,559 | Total Assessment | $718,497 |
Property Taxes
Parcel Numbers
Land Assessment
$75,559
Improvements Assessment
$642,938
Total Assessment
$718,497
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