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701 Woodrow Avenue Bakersfield, CA, United States 93308

We are excited to present for sale this rare 5-unit corner property with big value-add upside in the detached front 3 bed / 2 bath home. While four units have already been renovated two down-to-the-studs and two full remodels featuring vinyl flooring, new stucco, windows, AC units, counters, and appliancesthe front house is the real opportunity. It's freshly painted and clean, but with light TLC, it can push rents up $400-$500/month, making a huge impact on total income. Over $250K in improvements already done, including a new main sewer line, plus upgraded plumbing and electrical. Unit mix includes 3/2, 2/2, (2) 1/1s, and a studio perfect for rental demand. Strong cash flow now with clear room to grow. Ideal for investors who want a solid performing asset with a high-upside project already teed up. Hard to find a Bakersfield multifamily like this with the heavy lifting already done and a path to even better returns.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Other
  • Year Built: 1938
  • Built in 1938
  • Home size: 2,984 ft2 / 277.22 m2
  • MLS: 202506986
  • Status: Active
Copyright ? 2025 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Watson Realty

(661) 327-5161

Presented by Esteban Contreras

  • (661) 327-5161 (Office Phone)

Contact Esteban Contreras

Contact Agent

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