1210 Oregon St, Bakersfield, CA 93305

Property Description

We are pleased to present a four-unit multifamily property with strong value-add potential, ideal for a first-time investor or owner-occupant. The property features spacious one-bedroom, one-bath units that support long-term rental demand. One unit has been tastefully updated with new flooring and fresh paint, while the remaining units offer upside through future interior improvements and rental growth. The property is being brought back to market with a 2-year roof certification, electrical maintenance repairs completed throughout the property, and plumbing repairs completed, providing added value and peace of mind. The on-site laundry area also offers an opportunity for additional income with new machines. Bonus Development Opportunity: Zoned R-3 with a base density of 6 units and potential for approximately 8-12 units under applicable California density bonus programs (Buyer to verify all development potential).