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1,948 sqft

$480,000

1417 Oregon, Bakersfield CA, 93305

Price per sqft$246.41
Built in2024
Property size1,948 sqft
Property typeMulti-family

Overview

Active

Listed Aug 18, 2026

Updated 4 weeks ago

Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.

$3,193/mo

Est. mortgage payment based on a $480,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26180866

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Garage
Yes
View
Yes
55+/Senior Community
No

Listed by Ashish Gupta, Side, Inc, CA DRE 02197681

Listing Contact: 760-889-4502 

Based on information from the CRISNet MLS as of 9/10/2026, 6:39 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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