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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 1,060,000

Est. payment | -/mo

10,049 Sqft Lot

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$ 1,060,000

Est. payment | -/mo

Save

10,049 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26186246

HOA Y/N No

Year Built 1950

Lot Size 10,049 Sqft

Property Sub-Type Apartment

Property 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 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

Location

State CA

County Kern

Area Bksf - Bakersfield

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 01540006002

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Eric VanDenk Central Valley Property Adviso 419-206-7117, DRE #02071696

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Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California 93312, USA

1018 Miller Bakersfield, CA 93305

Josh Gregorio

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1018 Miller