Property photo 1
Property photo 2
20,160 sqft

$3,475,000

132 L Street, Bakersfield CA, 93304

Price per sqft$172.37
Built in1971
Property size20,160 sqft
Property typeResidential
Courtesy of Eric VanDenk with Central Valley Property Advisors

Overview

Active

Listed Nov 5, 2026

Updated 6 days ago

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.

$23,119/mo

Est. mortgage payment based on a $3,475,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202611697

Interior Features

Basement
No

Exterior Features

Lot Size
1.59 Acres
MLS provider logo

Listed by Central Valley Property Advisors, Eric VanDenk,
Listing Contact: 661-376-0575 x1 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Bakersfield Association of REALTORS®.  Real estate listings held by brokerage firms other than Nexus Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

©2026 Bakersfield Association of REALTORS® all rights reserved.

Powered by Luxury Presence