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$2,700,000
IV26162066 MLS ⋅ Active Status
Oswell Townhouses presents an exceptional investment opportunity with a newer 2010 built property combining modern living with significant growth potential. This turnkey property comprises 11 townhouse-style units, each offering spacious 3-bedroom, 2-bath layouts that cater to the growing demand for comfortable and upscale rental options. It is rare to find a newer construction property with 3 bedroom townhouse style units. Tenants are drawn to the high-quality, condo-style living experience, complete with private patios, in-unit washers and dryers, and tasteful upgrades throughout. Furthermore, the property includes nearly an acre of land with the potential to develop an additional 19 townhouse units, dramatically increasing rental income possibilities. Currently yielding $228,200 in annual gross income with room for growth, Oswell Townhouses stands out as a prime investment for those looking to expand their portfolio with a property that offers both immediate returns and future expansion potential. Offered at a total purchase price of $2,700,000, the asset is comprised of an 11-unit, townhouse-style apartment complex valued at $2,350,000, together with ±0.93 acres of adjacent vacant land valued at $400,000, or approximately $9.87 per square foot.

460 Oswell St, Bakersfield
$460,000
SR26132609 MLS ⋅ Active Under Contract Status
Your opportunity is here! This unique commercial property offers endless potential with a versatile layout perfect for investors, business owners, or those looking to generate additional income. The property features a commercial building with great possibilities, plus an upstairs 2-bedroom, 1-bathroom apartment and a detached 3-bedroom, 1-bathroom homeproviding multiple income opportunities all in one location. A rare find with incredible potential that won't last long! Don't miss out on this investment opportunity. Contact your favorite Realtor today to schedule a showing!

231 California, Bakersfield
$399,999
NS26126112 MLS ⋅ Active Status
Let's be honest buildings like this don't just fall out of the sky. (If they did, real estate would be way more dangerous.) This rare mixed-use gem features a **Legit recording studio** professionally built from the ground up *not* a foam-egg-carton fever dream your cousin slapped together over one Red Bull-fueled weekend. We're talking dual-wall sound construction that actually *works*, full acoustical treatment with bass traps and tuned panels, an isolation booth, and a control room with windowed sightlines. High ceilings, too for your ego *and* your sound. Need office space? Boom: three private offices, two restrooms, and an open-plan area that becomes whatever your vision (or caffeine level) demands. Oh, and because one incredible thing apparently wasn't enough there's a 1-bed, 1-bath home on-site with its own separate address and all. Live where you work, minus the 2AM mixing sessions or rent it out. This one's got range. Call for a private tour today!

931 26th, Bakersfield
$379,999
5 Beds ⋅ 5 Baths ⋅ TR26125165 MLS ⋅ Active Status
Exceptional 5-Unit Investment Opportunity in Bakersfield! Mixed-use zoning opportunity! Rare income-producing property on a spacious 0.72-acre lot featuring 5 separate units: one 2-bed/1-bath home plus four 1-bed/1-bath units. Approx. 2,397 sq. ft. with separate meters for all units, offering strong rental income potential, cash flow, and long-term upside. Convenient access to major roads. C-2 zoning may allow business, retail, office, service, and other commercial uses, offering added flexibility and redevelopment potential beyond residential use. R-2 zoning may support residential/multi-family use. Potential for future ADU/additional unit expansion. Buyer to verify rents, expenses, square footage, permits, zoning, unit count, permitted uses, and development potential. Property being sold As-Is, cash offers and hard money loan are preferred.

12119 Edison Hwy, Bakersfield
$1,300,000
DW26110499 MLS ⋅ Active Status
BUSY STREET A PLUS FOR ANY BUSINESS! 2 residential units in the back are rented all commercial on front are leased all are long-term tenants. Go drive the property and welcome to walk through it. If you need any additional information, please give us a call and we will be happy to assist you.

2126 Niles, Bakersfield
$550,000
SR26109721 MLS ⋅ Active Status
Prime Development Opportunity: Multi-Unit R2 Lot with Endless Potential Spanning 0.70 acres of prime R2-zoned land, this exceptional multi-unit property offers immediate rental income and exceptional development potential. The expansive, fully secured lot features two existing Single-Family Residences (SFR), a massive heavy-duty metal carport, and a completely vacant parcel ready for your next construction project. Abundant Parking Massive footprint easily accommodates tenant and guest vehicles. Enhanced Security Gates Fully enclosed perimeter provides peace of mind and privacy. Beautiful common park-like area for community relaxation. Whether you are looking to expand your investment portfolio or create a multi-generational family compound, this versatile estate is equipped to fulfill your vision.

325 McCord Ave, Bakersfield
$1,050,000
SR26108898 MLS ⋅ Active Status
Prime Investment Opportunity: 1.39-Acre Income-Producing Multifamily Compound! Unlock massive cash flow with this unique, fully occupied residential compound sitting on a rare 1.39-acre lot. Zoned R2, this sprawling property features four separate residential structures, premium security gates, and park-like grounds, making it the ultimate addition to your real estate portfolio. Total Units: 6 units across 4 structures offering maximum privacy. 2 Enhanced security Gates, Fully enclosed perimeter provides peace of mind and privacy. Abundant Parking to accommodate tenants and guess vehicles. Whether you are looking to execute a buy-and-hold strategy, looking for a multi-family generational compound, or exploring future development potential on the massive acreage, this property delivers unmatched versatility.

329 McCord Ave, Bakersfield
$725,000
PI25246639 MLS ⋅ Active Status
Great Opportunity featuring long-term tenants with solid customer base. The property generates steady income with minimal management required. Conveniently located close to freeway access. Ample parking available including potential rear parking, with additional space suitable for another tenant. Permitted additions include a metal shop at the back of the building with alley access, offering excellent expansion potential. Excellent Income- Producing opportunity, possible seller carry dependig on terms

309 E Brundage Lane, Bakersfield

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.