210 17th Street, Bakersfield, CA — listing photo 1
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FOR SALE

210 17th Street

Bakersfield, CA 93301
11,325 Lot Sq Ft
Built 1935
$870,000
Price ReducedWas $925,000 — $870,000 (-$55,000)

Property Overview

We are pleased to present 210 17th Street, an 8-unit multifamily investment opportunity in Downtown Bakersfield. Built in 1935, the property pairs classic red-tile Spanish bungalows fronting 17th Street with a two-story rear building — vintage character product that no longer gets built. The unit mix is a split of 5 one-bedroom / one-bath and 3 two-bedroom / one-bath units on a generous 11,325 SF lot, separately metered for gas and electricity. Offered at $925,000 — $115,625 per unit and $156 per SF — the asset trades at a fraction of replacement cost. In-place rents average $1,060 — the one-bedrooms as low as $600 — versus $1,095 and $1,195 at market. The property will be delivered with five vacant units, providing investors with an exceptional value-add opportunity to immediately renovate, lease at market rents, and accelerate NOI growth from day one. Positioned in the 93301 zip code blocks from the Chester Avenue core, the Fox Theater, and Bakersfield High School, the property draws on the deep workforce renter base of California's 9th largest city. Current income delivers a 6.02% cap rate day one, underwriting to an 6.84% market cap as units roll — a +8% lift in gross scheduled income.

Home Details

Property type
Residential Income - Apartment
Year built
1935
Lot size
11,325 sq ft
Parking
7 spaces
Garage
7 spaces
Stories
2
Days on market
58
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Back Yard
  • Front Yard
  • Garden

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

210 17th Street

Bakersfield, CA 93301

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Frequently Asked Questions About 210 17th Street

Property type: Residential Income

The current asking price is $870,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 210 17th Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1935. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Bakersfield, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Bakersfield property.
The MLS currently reports the property as Active. It has been listed for 58 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Ryan Gonzalez
MLS ID: PWRTHOMAS

Available property

$870,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.