Large 85 unit complex on 4.7 acres next to park. Great opportunity. 50-2 bdrm & 35-3bdrm units, some handicap units. Laundry room, playground. Good cash flow.
Multi-familyProperty Type
1981Year Built
4.7 acresLot Size
110 spacesParking
Listed by Dave Nielsen•DRE #01001601• Watson Realty
Bought with Dave Nielsen•DRE #01001601• Watson Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
4.72 Acres
Year renovated
1982
Sq. Ft.
85,718
Year built
1982
Style
Multi-Family (5+ Unit)
County
Kern County
APN
14501043004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R-3
High-Density Residential District
The purpose of the High-density Residential (R-3) District is to designate areas appropriate for a variety of medium-density to high-density residential living environments, including apartments, townhouses, and condominiums. The maximum allowable density is 29 du per net acres. The minimum allowable density is 20 du per net acre. The R-3 District may only be applied to those urban areas of the county which have adequate utility, street, and public facility capacity.
Permitted uses
Include but are not limited to:
Community / recreation center
Rehabilitation center
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Bed & breakfast
Hotel / motel
Office
Housing-Mobile home park
Oct 4, 2024 • Active
Commercial alteration
Perform fire damage repairs to an apartment unit.
Fire sprinkler
Oct 4, 2024 • Active
Commercial alteration
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Parking Spaces: 110
Parking: Uncovered
Interior
Community Features
Laundry Room, Other (See Remarks)
# of Disposals: 85
# of Stoves: 85
Multi-Unit Information
# of Units: 85
Financial Info: Owner
Annual Property Operating Data Available
Annual Gross Income: $684,024
Annual Net Income: $494,430
Garden/Garbage: $6,246
Total Annual Expense: $189,594
Unit Type 1 Information
# of Units: 50
# of Bedrooms: 2
# of Baths: 1
Actual Monthly Rent: $614
Unit Type 2 Information
# of Units: 30
# of Bedrooms: 3
# of Baths: 2.00
Actual Monthly Rent: $741
Unit Type 3 Information
# of Units: 5
# of Bedrooms: 3
# of Baths: 1.50
Actual Monthly Rent: $741
Exterior
Building Information
Stories: 2
Foundation: Slab
Roof: Composition
Exterior Features
Exterior Material: Stucco
Land & Farm Information
Census Tract: 11.01
Acres: 4.7
Lot Information
Lot Measurement: Acres
Zoning: R4
Property Information
Occupant Type: Tenant
Financial
Lease Information
Vacancy Factor: 1.00
Utilities
Utility Information
Heating & Cooling: Central AC, Central Heat
Sewer/Water: Public Water, Sewer
Location
School Information
Elementary School: Voorhies, Marsa
Jr. High School: Stiern, Walter
Sr. High School: Foothill
Location Information
Directions: North on Fairfax Rd off Hwy 58E corner of Fairfax & Pioneer
Cross Street: Pioneer/ Eucalyptus
Public facts
Beds: —
Baths: —
Sq. Ft.: 85,718
Stories: 2.0
Lot Size: 4.72 acres
Style: Multi-Family (5+ Unit)
Year Built: 1982
Year Renovated: 1982
County: Kern County
APN: 14501043004
Home facts updated by county records on Jun 18, 2026
Other
Listing Price Information
Price Per Unit: $67,000
Around this home
Schools
Voorhies Elementary School
Public K-6 • Assigned • 0.8mi
2/10
Walter Stiern Middle School
Public 6-8 • Assigned • 1.4mi
2/10
Foothill High School
Public 9-12 • Assigned • 0.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
11% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
34 unhealthy days expected this year, 40 days in 30 years
Provided by First Street
Historical weather
Bakersfield, CA • 93306
Average low and high temperatures (°F)
61
41
67
46
74
52
76
53
85
61
95
68
97
70
99
73
92
68
81
59
66
49
58
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.9 hours in
June and 5.3 hours in December, placing it above the
U.S. average for solar exposure.