$1,060,000
 $5,690 est/mo Sourced by Back At You

1018 Miller,Bakersfield, CA 93305

Bakersfield, CA 93305

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Description

Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

Details

MLS #OC26186246
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1950
Days On Site9
Listing Provided ByCentral Valley Property Adviso | Eric VanDenk

Features

SQ Feet3,808
Story(s)2
Units10
Building(s)4
Acreage0.23

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyKern
CityBakersfield
Zip Code93305
AreaBKSF Bakersfield
Listing VS Median (in 93305)
Price:
$1,060,000
low | high
Med:
$389,000
100% of Average
sqft:
3,808
low | high
Med:
1,711
100% of Average
$ / sqft:
$278
low | high
Med:
$231
66.87981851415% of Average
On site:
9
low | high
Med:
43
20.93023255814% of Average
Sourced by Back At You

Market Activity 93305

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Contact

Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyKern
CityBakersfield
Zip Code93305
AreaBKSF Bakersfield
Listing VS Median (in 93305)
Price:
$1,060,000
low | high
Med:
$389,000
100% of Average
sqft:
3,808
low | high
Med:
1,711
100% of Average
$ / sqft:
$278
low | high
Med:
$231
66.87981851415% of Average
On site:
9
low | high
Med:
43
20.93023255814% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $795K - $1.325M
sqft: 2,500 - 4,500
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Listing Updated: August 25, 2026 at 1:05:32 PM PDT
Jeff Rayborn
License #: 02062886
(323) 833-5529
Desert Lifestyle Properties - 200 N Sunrise Way Ste.B.
Palm Springs, CA 92262

Jeff Rayborn - Desert Lifestyle Properties