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1907 S J St 2 Unit Apartment Building Offered at $260,000 at a 4% Cap Rate Bakersfield, CA 93304
Investment Highlights
- Priced to sell at $260,000 — deferred maintenance priced accordingly
- Unit B vacant and rent-ready on Sentri lockbox — access anytime
- Exterior freshly painted
- Both units 2BD/1BA with private yard space
- Unit A tenant occupied at $875/mo (effective July 1)
- Easy entry into Bakersfield rental market — lowest price point of the portfolio
Executive Summary
Let me be straight with you on this one..... 1907 South J Street is an investor special and it is priced like one. There is some deferred maintenance, but it is priced ACCORDINGLY at $260,000 for a duplex in south Bakersfield. This is priced to sell, and sell FAST.
Both units are 2BD/1BA with their own private yard space — a rare find at this price point. Exterior is freshly painted. Unit A is tenant occupied bringing in $875/mo. Unit B is vacant, on lockbox, and ready for your tenant right now at a projected $1,250/mo. You can place a tenant the day after you close.
For an investor who is not afraid to roll up their sleeves, this is exactly the kind of deal that builds real equity fast..... easy entry into the Bakersfield rental market at $260K!
Call or text Phil at (805) 453-8353 or email phil@jordanapartmentguys.com.
Rents are ACTUAL; expenses are PROJECTED. Front unit occupied — do not disturb tenants. Rear unit vacant with Sentri lockbox, access anytime.
Both units are 2BD/1BA with their own private yard space — a rare find at this price point. Exterior is freshly painted. Unit A is tenant occupied bringing in $875/mo. Unit B is vacant, on lockbox, and ready for your tenant right now at a projected $1,250/mo. You can place a tenant the day after you close.
For an investor who is not afraid to roll up their sleeves, this is exactly the kind of deal that builds real equity fast..... easy entry into the Bakersfield rental market at $260K!
Call or text Phil at (805) 453-8353 or email phil@jordanapartmentguys.com.
Rents are ACTUAL; expenses are PROJECTED. Front unit occupied — do not disturb tenants. Rear unit vacant with Sentri lockbox, access anytime.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$25,500
|
$21.79
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,020
|
$0.87
|
| Effective Gross Income |
$24,480
|
$20.92
|
| Taxes |
$4,945
|
$4.23
|
| Operating Expenses |
$7,080
|
$6.05
|
| Total Expenses |
$12,025
|
$10.28
|
| Net Operating Income |
$12,455
|
$10.65
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $25,500 |
| Annual Per SF | $21.79 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $1,020 |
| Annual Per SF | $0.87 |
| Effective Gross Income | |
|---|---|
| Annual | $24,480 |
| Annual Per SF | $20.92 |
| Taxes | |
|---|---|
| Annual | $4,945 |
| Annual Per SF | $4.23 |
| Operating Expenses | |
|---|---|
| Annual | $7,080 |
| Annual Per SF | $6.05 |
| Total Expenses | |
|---|---|
| Annual | $12,025 |
| Annual Per SF | $10.28 |
| Net Operating Income | |
|---|---|
| Annual | $12,455 |
| Annual Per SF | $10.65 |
Property Facts
| Price | $260,000 | Property Type | Multifamily |
| Price Per Unit | $130,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 1,170 SF |
| Cap Rate | 4% | No. Stories | 1 |
| Gross Rent Multiplier | 10.2 | Year Built | 1959 |
| No. Units | 2 | ||
| Zoning | R2 | ||
| Price | $260,000 |
| Price Per Unit | $130,000 |
| Sale Type | Investment |
| Cap Rate | 4% |
| Gross Rent Multiplier | 10.2 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.17 AC |
| Building Size | 1,170 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 166-052-02-00-4 | Total Assessment | $92,534 |
| Land Assessment | $24,033 | Annual Taxes | $4,945 ($4.23/SF) |
| Improvements Assessment | $68,501 | Tax Year | 2025 |
Property Taxes
Parcel Number
166-052-02-00-4
Land Assessment
$24,033
Improvements Assessment
$68,501
Total Assessment
$92,534
Annual Taxes
$4,945 ($4.23/SF)
Tax Year
2025
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1907 S J St
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