1914 16th St, Bakersfield, CA 93301

Property Description

Introducing 1914 16th Street, an exceptional value-add multifamily opportunity featuring seven units three 1-bed/1-bath units and four studios totaling approximately 3,120 sq. ft. Built in 1950, the property has benefited from recent capital improvements including new 40-year roofs on both buildings, fresh exterior paint, upgraded wrought iron and block fencing, and new windows in one updated unit, enhancing both appeal and durability. With rents ranging from $515 to $1,195 and an attractive price of only $99,857 per unit ($699,000 asking price), this asset offers strong upside potential in income growth. A rare, well-maintained investment with immediate value and future return opportunity.