$449,999
Est. $2,978/mo · 20% down · 6.5% · 30yr
12119 Edison Highway, Bakersfield, CA, 93307
MLS# 202512718






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
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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
Location
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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