New - 6 days on Rocket
$3,978 Closing Credit¹
#202501889, Eric Mora, Listing Office: The Mora Partners Inc.
$1,795,000 List price
2115 G St Bakersfield, CA 93301
$10,000
Closing credit¹
3,610 sqft
$497 / sqft
Multi-Family
Property details
About 2115 G St
We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior capital improvements including new paint, fencing, landscaping, and staircase repairs. The remodeled units have demonstrated the rent potential, offering an investor the ability to capture an extreme rental increase once fully stabilized. With a current NOI of $107,228 and a pro forma projection Significantly higher (20%!!) this is a rare opportunity to acquire a high-yielding asset with built-in equity upside. The heavy lifting has been donenow it's about executing on the final stage to drive long-term cash flow growth. Serious investors onlycall now to discuss financials and next steps.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size3,610 sqft
Year built2006
MLS #202502099
Summary
- MLS Number: 202502099
- MLS Name: Bakersfield
- Office Name: Watson Realty
- Office Email: esteban@vanguardrealtyinvestments.com
- Listing Agent: Esteban Contreras
Based on information from Golden Empire MLS, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Bakersfield Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:45:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,795,000
2115 G St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 26, 2021 | Home Sold | $620,000 |
| Nov 18, 2013 | Home Sold | $418,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $657,947 | $10,328 |
| 2023 | $645,047 | $10,088 |
| 2022 | $632,400 | $9,852 |
| 2021 | $473,381 | $7,635 |
| 2020 | $468,528 | $7,482 |
| 2019 | $459,342 | $7,228 |
| 2018 | $450,336 | $7,210 |
| 2017 | $441,507 | $7,210 |
History based on county public records data.
Nearby schools
5
Franklin Elementary School
Public District KG-6
0.5 mi
•2400 Truxtun Ave
2
William Penn Elementary School
Public District KG-5
1.0 mi
•2201 San Emidio St
2
Stella Hills Elementary School
Public District KG-6
1.2 mi
•3800 Jewett Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,581. The majority of Bakersfield, CA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
77%
<35k
18%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
11%
Single, with Kids
10%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 2115 G St in Bakersfield, CA and zip code 93301 in the Central Bakersfield neighborhood. This 3,610 square foot home was built in 2006. Features: 0 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $1,795,000.
In January 2025, from all listings sold in Bakersfield, CA there were more than 63 sold above asking price, over 123 sold below and more than 91 were sold right at the asked price. Between December and January 2025, Bakersfield, CA real estate market has seen increase in the number of listings by 17.3%. In January 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $385,768.
From Rocket Homes Real Estate and based on county public records data.