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1017 Paloma St

Bakersfield, CA 93304
  • $419,000
  • STATUS: Active
  • ON SITE: 101 Days
  • ID#: SR25270053
$419,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Lori Dekermenjian of Equity Union (818-989-2000)


Description

Charming, income-producing property in Southwest Bakersfield. This is an excellent opportunity for an investor or an owner-occupant looking to live in one home and rent the other to help offset the mortgage. The main home features 3 bedrooms and 2 bathrooms, including a downstairs primary bedroom with a full bath, while the additional 2 bedrooms and second bathroom are located upstairs. The home also offers a spacious kitchen and in-unit laundry hookups.The second home includes 1 bedroom and 1 bathroom, also with in-unit laundry hookups. Both homes share side-by-side garages, offering ample parking and storage.Both units are currently rented, providing immediate income. The property also features a beautiful yard with mature trees and is conveniently located within walking distance of Evergreen Elementary.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171170203
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1017 Paloma St Bakersfield, CA 93304

  • Price: $419,000
  • Status: Active
  • On Site: 101 Days
  • ID#: SR25270053
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1954
Built
Neighborhood:
BKSF - Bakersfield
County:
Kern
Area:
BKSF - Bakersfield
Property Description
Charming, income-producing property in Southwest Bakersfield. This is an excellent opportunity for an investor or an owner-occupant looking to live in one home and rent the other to help offset the mortgage. The main home features 3 bedrooms and 2 bathrooms, including a downstairs primary bedroom with a full bath, while the additional 2 bedrooms and second bathroom are located upstairs. The home also offers a spacious kitchen and in-unit laundry hookups.The second home includes 1 bedroom and 1 bathroom, also with in-unit laundry hookups. Both homes share side-by-side garages, offering ample parking and storage.Both units are currently rented, providing immediate income. The property also features a beautiful yard with mature trees and is conveniently located within walking distance of Evergreen Elementary.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances DishwasherGas OvenMicrowaveRefrigeratorWater Heater Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.68 Common Interest None Community Features Sidewalks Electric Expense 0 Exclusions TENANT PERSONAL ITEMS Fuel Expense 0 Garage YN Yes Gross Income 33588 Gross Scheduled Income 33588 Insurance Expense 1800 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 20364 New Construction YN No New Taxes Expense 6528 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 12216 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2799 Trash Expense 0 Vacancy Allowance 1008 Water Sewer Expense 1140 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Lori Dekermenjian of Equity Union (818-989-2000)