800 31st And 3111 Q St , Bakersfield, CA 93301
$675,000
Est. Payment: $3,704.65/mo
8712 Sqft
0.2 Acres
Status: Active | Days on site: 40
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House Description

Great Investment or Live-In Opportunity - Fully Rented Multi-Unit Gem in Downtown Bakersfield! Discover this fully-occupied 5-unit property perfectly situated in the heart of Downtown Bakersfield, close to restaurants, shops, and easy freeway access. The property includes two buildings on one lot: Front House (800 31st Street) – Charming single-family home with 2 bedrooms and 1 bath, built in 1935, featuring classic details and a welcoming front porch. Four-Plex (3111 Q Street) – Built in 1985, offering four spacious 2-bedroom, 1-bath units with great natural light and functional layouts. With all units currently rented and a combined monthly income of $5,720, this property provides immediate cash flow from day one. Whether you’re an investor seeking reliable rental income or a buyer looking to live in one unit and rent the rest, this property offers both stability and upside potential. Other highlights include: • Lot size: 8,626 sq ft • Total living space: 4,244 sq ft • Convenient downtown location near major employers, schools, and transportation • Separate addresses and established tenants A rare opportunity to own a multi-unit property in one of Bakersfield’s most accessible neighborhoods — ideal for long-term income, house-hacking, or portfolio growth.

Highlights

Listed by Randy Bennett , 714-598-9053 Randell Bennett, Broker , 714-987-3599. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.2

Year Built

1935

County

Kern

Area

BKSF - Bakersfield

Listing ID

PW25253071

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Roof:Shingle
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$3,705
Taxes
$430

Home Price

$675,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$135,000
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:
$3,704.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,704.65 $430.31 $0.00 $4,134.96
Yearly $44,455.83 $5,163.75 $0.00 $49,619.58
Total $1,333,674.79 $154,912.50 $0.00 $1,488,587.29

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: 2026-10-03T17:14:43.000Z

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