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 youre 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 Bakersfields most accessible neighborhoods ideal for long term income, house hacking, or portfolio growth.