1010 Beale Ave, Bakersfield, CA 93305

Property Description

1010 Beale Avenue presents an attractive value-add multifamily investment opportunity in Bakersfield, California, consisting of sixteen (16) spacious 2-bedroom, 1-bathroom units situated on approximately 0.46 acres. The property benefits from a highly desirable workforce housing unit mix that continues to experience strong rental demand throughout the Bakersfield market. With current gross annual income exceeding $195,000, the asset provides investors with immediate cash flow while maintaining potential for future rent growth and operational efficiencies. The gated community features onsite laundry facilities, ample parking, and a proven rental history, making it well-positioned to attract and retain long-term tenants. Located near Downtown Bakersfield, major employment centers, schools, and transportation corridors, 1010 Beale Avenue offers investors the opportunity to acquire a stabilized multifamily asset with strong in-place income, durable tenant demand, and long-term appreciation