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4320 Columbus st
Bakersfield, CA 93306 Outer East Bakersfield

$980,000 USD

Multifamily For Sale  •  6,336 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 6,336 SF
  • Lot Size 0.38 AC
  • Year Built 1962
  • Cap Rate 6.76 %
  • Zoning R3
30 Transit Score
40 Walk Score

Highlights

Two 4-plex buildings on one parcel
Located near Bakersfield College — strong, consistent rental demand
Private yard areas per unit
Covered carport parking
On-site laundry room
Central A/C (6 of 8 units replaced within last 6 years)

Financial Summary (Proforma)

Net Operating Income: $64,134 USD (2026)
Cap Rate: 6.76 %
Total Expenses: $41,236 USD

Amenities

  • Air Conditioning
  • Heating
  • Tile Floors
  • Range
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Bakersfield (San Joaquins - Amtrak) 11 min - 5.2 mi
AirportDriveWalkDistance
Meadows Field 21 min - 10.4 mi
Philip Jordan 805-453-8353 Jordan Apartment Guys
Philip Jordan 805-453-8353 Jordan Apartment Guys