1612 1st Street
Bakersfield, CA 93304
0
Bed
0
Bath
7,293Sqft
27,442Sqft(Lot)
This charming Spanish-style 10-unit apartment property in Bakersfield presents a rare and beautiful value-add investment opportunity. The property features distinctive Spanish cottage architecture with red-tile roofs, arched entryways, and lush landscaping that exudes curb appeal and timeless character. Each unit is thoughtfully designed with spacious layouts and classic details that attract quality tenants. With strong in-place cash flow, the investor can enjoy immediate income from a stabilized rental base in a high-demand submarket. What sets this opportunity apart is the significant upside potential through the conversion of eight detached garages. The investor has the option to create new revenue streams by converting the garages into rentable accessory dwelling units (
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Sewer: Public Sewer -
Interior Features
Roof: Spanish Tile Flooring: Vinyl,Wood -
Cooling Features
Wall/Window Unit(s) Air Conditioning
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Building Information
Year Built: 1940 Building Area Total: 7,293 Roof: Spanish Tile -
Pool Features
NoneLaundry Features
Common Area
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.63 -
Lot Size Source: Public Records Lot Size Square Feet: 27442
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Listing Price Information
Original List Price: 1,600,000 Listing Contract Date: 2026-01-27 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 01029011000
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Pending Source Neighborhood: BKSF - Bakersfield Directions: close to 58 and chester near Albertson's Source Property Type: Residential Income Area: BKSF - Bakersfield Property SubType: Mixed Use -
Building and Construction
Property Age: 86 Common Walls: 1 Common Wall Structure Type: Mixed Use Year Built Source: Other Entry Level: 1 Entry Location: courtyard Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| El Sereno Drive, Bakersfield, CA, 93304 | $297,770 | 2 | 2 | 1,019 | 1,019 SqFt |
| 213 T Street, Bakersfield, CA, 93304 | $225,000 | 3 | 1 | 1,040 | 1,040 SqFt |
| 906 2nd Street, Bakersfield, CA, 93304 | $305,000 | 4 | 2 | 1,388 | 1,388 SqFt |
| 99 O, Bakersfield, CA, 93304 | $465,000 | 3 | 2 | 1,608 | 1,608 SqFt |
| 514 L, Bakersfield, CA, 93304 | $200,000 | 2 | 1 | 892 | 892 SqFt |
| 1710 2nd, Bakersfield, CA, 93304 | $325,000 | 3 | 1 | 1,400 | 1,400 SqFt |
| 508 El Prado, Bakersfield, CA, 93304 | $254,800 | 2 | 1 | 992 | 992 SqFt |
| 2121 Park Way, Bakersfield, CA, 93304 | $299,999 | 2 | 2 | 1,161 | 1,161 SqFt |
| 2132 Chester, Bakersfield, CA, 93304 | $795,000 | 4 | 3 | 3,171 | 3,171 SqFt |
| 935 Sylvia Drive, Bakersfield, CA, 93304 | $395,000 | 4 | 2 | 1,463 | 1,463 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 10:23
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