About This Home

This 0-bedroom, 0-bathroom residential multi family at 132 L Street in Bakersfield, CA is listed for $3,475,000 ($172 per sqft). Built in 1971, the home offers 20,160 sqft of living space on a 1.59 acres lot.

Key Features

  • Built in 1971
  • 1.59 acre lot

Property Details

1 story
1971
Listing Description

Discover an exceptional investment opportunity at 132 L St in Bakersfield, CA 93304. This strategically positioned apartment building is conveniently located near the heart of downtown Bakersfield, promising a desirable urban lifestyle. With a steady cash flow, this property features a total of 33 units, thoughtfully composed of 18 generous one-bedroom residences and 15 meticulously designed studios.

Priced under $3,500,000, this asset presents an attractive proposition for both seasoned investors and those entering the real estate market. Notably, there is significant room for rental increase, offering potential for enhanced revenue. Seize the chance to acquire a valuable piece of real estate in a prime location, poised to provide secure returns while offering the potential for further growth. Contact us today to explore this enticing opportunity in Bakersfield, CA.

Monthly Cost Estimate

$18,585/mo

20% down · 6.5% · 30 years

Principal$2,513
Interest$15,058
Insurance$1,014

Estimates only. Actual payments may vary.

Location

132 L Street

Bakersfield, CA 93304

The Lowell Addition

Property Details

Parking

Covered

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 132 L Street is listed at $3,475,000 ($172/sqft). The estimated monthly payment is $18,585 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 1.59 acre lot.

This property is listed by Eric VanDenk.

EV

Eric VanDenk

Agent at Central Valley Property Advisors

Listed by Central Valley Property Advisors · Broker phone: (419) 206-7117 · View on Broker Site

MLS# 202611697· Source: Golden Empire MLS, Inc.· 5 days on PropertySimple

Copyright © 2026 Golden Empire MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

132 L Street, Bakersfield, CA 93304

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