Description
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 tenantsA 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.
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School Ratings & Info
Description
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 tenantsA 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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-06T14:33:58.593. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.