1417 OREGON STREET, Bakersfield, CA 93305

Bakersfield
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1417 OREGON STREET,Bakersfield, CA 93305
$490,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ashish gupta
Office: the gupta group- emerge real estate
MLS#:202608881
Source:BF

Price summary

  • Price:$490,000

About this home

Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.

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Home facts

  • Year built:2024
  • Listing ID #:202608881
  • Added:5 day(s) ago
  • Updated:August 22, 2026 at 02:26 PM

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central

Structure and exterior

  • Year built:2024
  • Lot area:0.09 Acres
  • Levels:2 Stories

Schools

  • High school:East
  • Middle school:Jefferson, T.
  • Elementary school:Williams_Bak

Finances and disclosures

  • Price:$490,000

Parking

  • Parking description:Garage, Uncovered
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.

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