Home | Kern County | Bakersfield | 93301 | 210 17th Street
MLS: CRPW26170501 | Status: | Price: $925,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 11,325 | 1935 |
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.
| Field | Value |
|---|---|
| MLS # | CRPW26170501 |
| MLS Source | California Regional MLS |
| Days on Site | 4 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 7 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Ryan Gonzalez | Hernando Rodriguez |
| Lyon Stahl Investment Real Est | |
| License #: 01874815 | License #: 02103214 |
| Phone: – | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
School data provided by GreatSchools.org
©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of August 05, 2026. For the most current information, please contact Ryan Gonzalez.