1018 Miller, Bakersfield, California 93305

  • $1,060,000
1018 Miller, Bakersfield, California 93305
Active
1018 Miller, Bakersfield, California 93305
1018 Miller, Bakersfield, California 93305
  • $1,060,000

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.

  • Address 1018 Miller, Bakersfield, California 93305
  • City Bakersfield
  • State/county CA
  • Zip/Postal Code 93305
  • Country US

Details

Updated on August 25, 2026 at 8:52 pm
  • Property ID: OC26186246
  • Price: $1,060,000
  • Property Size: 3808 Sqft
  • Land Area: 0.2307 Acres
  • Year Built: 1950
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Sewer: Public Sewer
  • County: Kern
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Sidewalks

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman