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2207 River Blvd 4 Unit Apartment Building $625,000 ($156,250/Unit) Bakersfield, CA 93305
Executive Summary
Fully renovated four-unit investment property in turnkey condition, located at 2207 River Blvd in Bakersfield. The property consists of three professionally updated 1-bedroom, 1-bathroom units, along with a spacious 3-bedroom, 2-bathroom unit situated at the rear of the property. Extensive renovations and modern upgrades throughout provide a clean, contemporary living environment with strong tenant appeal. This well-maintained asset offers an excellent opportunity for investors seeking a stabilized, low-maintenance property with attractive income potential.
Financial Summary (Actual - 2025) 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
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) 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 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $625,000 | Building Class | B |
| Price Per Unit | $156,250 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 3,144 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | C-1 - R-2 | ||
| Price | $625,000 |
| Price Per Unit | $156,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 3,144 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Opportunity Zone |
Yes |
| Zoning | C-1 - R-2 |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Carpet
- Grill
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 126-320-12-00-5 | Improvements Assessment | $514,382 |
| Land Assessment | $90,202 | Total Assessment | $604,584 |
Property Taxes
Parcel Number
126-320-12-00-5
Land Assessment
$90,202
Improvements Assessment
$514,382
Total Assessment
$604,584
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2207 River Blvd
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