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2126 O. STREET BAKERSFIELD, CA 83301 2126 O St 7 Unit Apartment Building $1,159,200 ($165,600/Unit) Bakersfield, CA 93301
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!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,159,200 | Apartment Style | Low-Rise |
| Price Per Unit | $165,600 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Gross Rent Multiplier | 12 | Building Size | 6,500 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1985/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | C2 - COMMERCIAL | ||
| Price | $1,159,200 |
| Price Per Unit | $165,600 |
| 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
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 005-311-15-00-6 | Improvements Assessment | $525,300 (2025) |
| Land Assessment | $137,700 (2025) | Total Assessment | $663,000 (2025) |
PROPERTY TAXES
Parcel Number
005-311-15-00-6
Land Assessment
$137,700 (2025)
Improvements Assessment
$525,300 (2025)
Total Assessment
$663,000 (2025)
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2126 O. STREET BAKERSFIELD, CA 83301 | 2126 O St
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