$449,999

$449,999

Est. $2,978/mo · 20% down · 6.5% · 30yr

12119 Edison Highway, Bakersfield, CA, 93307

MLS# 202512718

Active
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2,397sqft
31,363lot sqft
1942built
166 days on market

About this home

Exceptional investment opportunity in Bakersfield! Located at 12119 Edison Hwy, this fully tenant-occupied 5-unit multi-family property generates just under $5,000/month in gross rents, offering strong cash flow from day one. Priced at $479,999.00 featuring (1) 2 bed 1 bath house and (4) 1 bed 1 bath houses totaling approximately 2,397 sq. ft. Current rents range from $690 to $1,250 generating a gross scheduled income of $58,392 per year, with significant upside potential as rents are well below market. This income-producing asset features long term tenants, solid rental history, and immediate returns. A perfect addition to any growing portfolio in a consistently high-demand rental market with excellent potential for continued value growth.

Property Details

💰

$449,999

Price

🛏

0 bd

Bedrooms

📐

2,397 sqft

Living Area

🌿

31,363 sqft

Lot Size

🏗️

1942

Year Built

🏠

5 - 10 Units

Type

📅

166 days

Days Listed

✓ Active ListingBakersfield, CA 93307

Mortgage Calculator

Estimate your full monthly payment including taxes, insurance & PMI/MIP.

Loan Type

Loan Term

$449,999
%
3%50%
$22,500 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$3,448

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,702
Property Taxes / mo$469
Home Insurance / mo$120
PMI (Mortgage Insurance)$157
Total Est. Payment$3,448
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93307

Market Stats

Active Listings

235

ZIP 93307

Median List Price

$360K

ZIP 93307

Avg Days on Market

96

Bakersfield avg

Sale / List Price

97.9%

avg ratio

12119 Edison Highway, Bakersfield, CA, 93307

Listed by: Moiz Lakdawala, Keller Williams Realty

MLS#: 202512718

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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