Great Investment or Live-In Opportunity - Fully Rented Multi-Unit Gem in Downtown Bakersfield!
Discover this fully-occupied 5-unit property perfectly situated in the heart of Downtown Bakersfield, close to restaurants, shops, and easy freeway access.
The property includes two buildings on one lot:
Front House (800 31st Street) – Charming single-family home with 2 bedrooms and 1 bath, built in 1935, featuring classic details and a welcoming front porch.
Four-Plex (3111 Q Street) – Built in 1985, offering four spacious 2-bedroom, 1-bath units with great natural light and functional layouts.
With all units currently rented and a combined monthly income of $5,720, this property provides immediate cash flow from day one. Whether you’re an investor seeking reliable rental income or a buyer looking to live in one unit and rent the rest, this property offers both stability and upside potential.
Other highlights include:
• Lot size: 8,626 sq ft
• Total living space: 4,244 sq ft
• Convenient downtown location near major employers, schools, and transportation
• Separate addresses and established tenants
A rare opportunity to own a multi-unit property in one of Bakersfield’s most accessible neighborhoods — ideal for long-term income, house-hacking, or portfolio growth.
The income description goes here to explain
| List Price | $675,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1935 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 00206207007 |
| MLS # | PW25253071 |
| Property ID | 322326113 |
| Lot Sqft | 8,626 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 60 |
| Original List Price | $699,000 |
| Date Updated | December 14, 2025 |
| Date Created | November 02, 2025 |
Financials not available online. Please inquire with your agent for more details.
Randy Bennett an agent of . Lic #01380249
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 14, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT