Property Detail

1018 Miller

Bakersfield CA 93305

$1,060,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Eric VanDenk of Central Valley Property Adviso. Last updated . Listing information © 2026 SANDICOR.

Christian

Christian

DRE# 01245048
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