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Listed by Eric VanDenk, DRE #02071696 • Central Valley Property Adviso
$ 1,060,000
Est. payment /mo
New
1018 Miller Bakersfield, CA 93305
10,051 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26186246
Year Built 1950
Lot Size 10,051 Sqft
Source California Regional MLS
Property 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.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 01540006002
Special Listing Condition Not Applicable
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