1417 Oregon
Bakersfield, CA 93305
5
Bed
3
Bath
3,920Sqft(Lot)
Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, f
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
GraniteCounters, HighCeilings, TwoStoryCeilings, AllBedroomsUpRoof: CompositionAppliances: MicrowaveLaundry Features: LaundryRoom -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2024Building Area Total: 1948Construction Materials: Drywall, DuctsProfessionallyAirSealed, Concrete, StuccoStories: 2Pool Features: NonePrivate Pool: NoView: CityLights, Neighborhood
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Lot Information
Main Square Feet: 3920 Lot Size Acres: 0.09 Lot Size Source: Assessor Lot Size Square Feet: 3,920 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $490000Cash, Conventional, Contract, FHA, FannieMae, FreddieMac, VaLoan
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Tax Information
Parcel Number: 01515019008 Tax Lot: 8 Tax Block: 1
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Parking Information
Parking Total: 1Garage Information
Has Garage: Yes Garage Space: 1
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Utility Information
ElectricityConnected, SewerConnected, WaterConnected -
Location Information
Direction: Right onto Monterey, left onto Haley, right onto Oregon WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2003 Virginia Street, Bakersfield, CA, 93305 | $449,000 | 4 | 2 | -- | |
| 1229 Jeffrey, Bakersfield, CA, 93305 | $390,000 | 6 | 3 | -- | |
| 1320 Flower Street, Bakersfield, CA, 93305 | $595,000 | 8 | 4 | -- | |
| 1024 Bernard Street, Bakersfield, CA, 93305 | $450,000 | 6 | 3 | 2,400 | 2,400 SqFt |
| 1316 Flower Street, Bakersfield, CA, 93305 | $595,000 | 8 | 4 | -- | |
| 1308 Flower, Bakersfield, CA, 93305 | $599,000 | 8 | -- | 3,432 | 3,432 SqFt |
| 2207 River, Bakersfield, CA, 93305 | $615,000 | 4 | 3 | -- | |
| 515 Crawford Street, Bakersfield, CA, 93305 | $270,000 | 3 | 2 | -- | |
| 2701 N Inyo, Bakersfield, CA, 93305 | $310,000 | 4 | 2 | -- | |
| 730 Oregon, Bakersfield, CA, 93305 | $340,000 | 2 | 2 | -- |
Similar Multifamily To 1417 Oregon
Nearby For Sale
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ByOwner last updated this listing 08/25/2026 @ 11:18
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