4023 O STREET, Bakersfield, CA 93301

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
4023 O STREET,Bakersfield, CA 93301
$2,100,000
  • - Beds
  • - Baths
  • 6,104 sq. ft.
  • Multi-family
  • Active
Listed by: eric mora
Office: the mora partners inc.
MLS#:202512612
Source:BF

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$344.04

About this home

-- Prime Value-Add Multifamily + Approved 22-Unit Development Opportunity --Rare chance to acquire a *7-unit apartment portfolio* across two well-maintained buildings *4-Plex* and *Triplex* positioned on a large parcel with tremendous upside. This property includes fully approved plans by the City of Bakersfield for a new 22-unit multifamily project, offering investors and developers the ability to earn immediate cash flow from the existing 7 (2 Bed, 1.75 Bath, Indoor Laundry) units while advancing a high-density expansion. All plans and approvals are in place, saving valuable time and reducing upfront development risk. Whether you're looking to grow your portfolio or build out a new multifamily community, this asset delivers strong current income, exceptional future value, and a path to long-term returns. A true turnkey opportunity with major potential in a growing market.

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Home facts

  • Year built:1986
  • Listing ID #:202512612
  • Added:54 day(s) ago
  • Updated:January 11, 2026 at 03:22 PM

Rooms and interior

  • Living area:6,104 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central

Structure and exterior

  • Year built:1986
  • Building area:6,104 sq. ft.
  • Lot area:1.3 Acres

Schools

  • High school:North
  • Middle school:Emerson
  • Elementary school:Hills, Stella

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$344.04
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.

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