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New
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$925,000

For Sale

2 days ago

210 17Th Street, Bakersfield, CA

Condo

MLS® PW26170501

0 Bed

0 Bath

--

7 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 3
Approx. Age 1935
MLS® Number PW26170501

Property Address: 210 17th Street, Bakersfield, CA, 93301

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberPW26170501
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1935
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
210 17Th Street, Bakersfield, CA

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