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Listed by: Eric VanDenk (419) 206-7117 DRE #02071696 | Central Valley Property Adviso (661) 376-0575
$1,060,000
1 Bed
- 1 Bath
3,808sqft
1018 Miller, Bakersfield, CA 93305
$1,060,000
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Apartment
Built in 1950
$-- HOA
10,051 sqft lot
$278/sq.ft
Description
Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Mill...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
3,808 sqft
Lot Size
10,051 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26186246
MLS Status
Active
Days on Market
1
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