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1417 Oregon , Bakersfield, CA 93305
$480,000
Est. Payment: $2,634.42/mo
5 Bed
3 Bath
1948 Sqft
0.09 Acres
Status: Active | Days on site: 22
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OC9110 - OCGUPTAAS
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Chris Heller
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House Description

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.
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Highlights

Listed by Ashish Gupta , 760-889-4502 Side, Inc , 650-273-3832. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

2024

County

Kern

Area

BKSF - Bakersfield

Listing ID

OC26180866

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
Appliances:Microwave
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Vinyl
Other:
  • ▪ Additional:Granite Counters, High Ceilings, Two Story Ceilings, All Bedrooms Up
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:1
Roof:Composition
Others:
  • ▪ Additional:Turnkey, Drywall, Ducts Professionally Air-Sealed, Concrete, Stucco, 2+ Total Units
Sewer:Public Sewer
Principal Interest
$2,634
Taxes
$306

Home Price

$480,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$96,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,634.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,634.42 $306.00 $0.00 $2,940.42
Yearly $31,613.03 $3,672.00 $0.00 $35,285.03
Total $948,390.96 $110,160.00 $0.00 $1,058,550.96

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Bakersfield, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T19:10:48.000Z

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