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701 WOODROW AVENUE, 
Bakersfield, CA 93308

$649,999


Bed


Bath


2,984

Sq Ft


Multi-Family

Active

Listed by

Esteban Contreras

Watson Realty

661-327-5161

Last updated:

June 25, 2025, 02:08 PM

MLS#

202506986

Source:

BF

About This Home

701 WOODROW AVENUE

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.

Home Facts

Multi-Family

Built in 1938

Price Summary

649,999

$217 per Sq. Ft.

MLS #:

202506986

Last Updated:

June 25, 2025, 02:08 PM

Added:

5 day(s) ago


Rooms & Interior

Interior

Living Area:

2,984 Sq. Ft.


Structure

Structure

Building Area:

2,984 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$649,999

Price per Sq. Ft:

$217 per Sq. Ft.

Source:BF
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.

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