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1210 Oregon St
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Four-unit apartment building located in Bakersfield, California.
- Property currently listed at an asking price of $449,999.
- Investment opportunity delivering a documented 6% capitalization rate.
- Stabilized asset suitable for local multifamily portfolio expansion.
- Situated in the southern San Joaquin Valley regional market.
What's Special
Priced at $449,999, this four-unit multifamily apartment building at 1210 Oregon St represents a stabilized investment in Bakersfield, California. The asset currently maintains a 6% capitalization rate, offering a clear entry point into the local rental market. Bakersfield serves as a significant economic hub in the southern San Joaquin Valley, supported by a diverse base in energy, agriculture, and logistics, which provides consistent demand for residential rental housing across the region. This property is situated within a well-established submarket, positioned to accommodate tenants seeking proximity to regional employment centers and key transportation corridors. The four-unit configuration appeals to investors focused on smaller multi-family assets that offer manageable operations while maintaining a steady income stream. As the Bakersfield metro area continues to attract a growing workforce, properties of this scale remain a functional component of the local housing stock for both short-term performance and long-term asset appreciation.
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