13-Unit Multifamily Investment Opportunity – Bakersfield, CA
Located at 1601, 1603, and 1605 Jefferson Street, Bakersfield, CA 93305, this 13-unit multifamily investment offers strong in-place cash flow with additional upside potential in one of California’s most affordable rental markets.
The property consists of a desirable mix of spacious one-bedroom and two-bedroom units situated across two parcels totaling approximately 18,776 square feet. With approximately 9,866 rentable square feet, the property was constructed in phases between 1961 and 1980, with additional improvements completed in 1986.
The unit mix is well-positioned to meet consistent workforce housing demand, with the majority of units configured as two-bedroom apartments. This asset presents an attractive opportunity for investors seeking stable income and long-term growth potential.
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