4501 COLUMBUS STREET, Bakersfield, CA 93306

Bakersfield
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
4501 COLUMBUS STREET,Bakersfield, CA 93306
$2,783,000
  • - Beds
  • - Baths
  • 25,896 sq. ft.
  • Multi-family
  • Pending
Listed by: marc thurston, caleb a fisk
Office: asu commercial
MLS#:202604937
Source:BF

Price summary

  • Price:$2,783,000
  • Price per sq. ft.:$107.47

About this home

Situated in the desirable upper Northeast Bakersfield submarket, 4501 Columbus Street presents a rare opportunity to acquire a well-located 25-unit multifamily community offered at $2,783,000 ($111,320 per unit). Built between 1966-1967 and encompassing approximately 25,896 square feet, the property features a diverse unit mix including 7 spacious 2-bedroom/2.25-bath townhomes, 12 2-bedroom/2-bath units, 5 1-bedroom/1-bath units, and 1 large 3-bedroom/2-bath unit appealing to a broad tenant base. Recent capital improvements include a freshly painted exterior and a recently replaced (2) roofs, reducing near-term maintenance expenses. Current rents range from $829 to $1,400, providing investors with immediate upside through strategic rent increases and operational efficiencies. Ideally located near the scenic Panorama Bluffs, Bakersfield College, and the Bakersfield Country Club, the property benefits from strong rental demand and convenient access to local amenities.

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Home facts

  • Year built:1967
  • Listing ID #:202604937
  • Added:50 day(s) ago
  • Updated:June 27, 2026 at 08:04 AM

Rooms and interior

  • Living area:25,896 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central

Structure and exterior

  • Year built:1967
  • Building area:25,896 sq. ft.
  • Lot area:0.85 Acres
  • Levels:2 Stories

Schools

  • High school:Highland
  • Middle school:Chipman
  • Elementary school:Eissler, Henry

Finances and disclosures

  • Price:$2,783,000
  • Price per sq. ft.:$107.47

Parking

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

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