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Listed by Side, Inc, Ashish Gupta, Listing Contact: 760-889-4502 
5 Beds
3 Baths

$480,000

1417 Oregon, Bakersfield CA, 93305

Property typeMulti-family

Overview

Active

Listed Aug 18, 2026

Updated 3 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

Bedrooms
5
Bathrooms
3
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

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Data last updated 6:16 AM UTC, 9/10/2026

   

 

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