• Facebook
  • Instagram
Phone310-890-6928
Login or sign up for new accountLogin / Register
Email MeEmail Me
  • Search Listings
    • Residential
    • Lease
  • My Listings
  • Previous Sales
  •   Buyers
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • What do you want in a home?
    • Finding your home
    • Submitting an offer
    • After the offer is accepted
    • Moving
  •     Sellers
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  •     Services
    • Closing Services
    • Home Financing
    • Relocation
    • Insurance
    • Escrow
    • Title
    • Home Warranty
    • PINNACLE
  •     About
    • About Us
    • Leadership Team
    • Globally Respected
    • Diversity & Inclusion
    • The Charitable Foundation
    • Agents Only
Menu
Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
Any Price
-
  • 0
  • $100,000+
  • $250,000+
  • $500,000+
  • $750,000+
  • $1,000,000+
0+ Beds
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
0+ Baths
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Property Type
Other
VIRTUAL TOUR
116 Beardsley Avenue Bakersfield, CA 93308
$1,595,000 0 beds, 0 baths
0 sqft
Save My Notes
 

Photo of Jesse Hlubik

Jesse Hlubik REALTORĀ® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Call Branch Office
Fax: 818-386-9007
Interested in This Property? Your message will be sent to Jesse.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.
  • Save
  • My Notes

Agent Remarks

This property offers an exceptional high cap rate of over 9% and immediate opportunity to increase cash flow. Excellent value-add property with most rents poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month, unlocking substantial revenue potential. Each unit comes with separate utility meters, making it easier to manage costs, while the roof-mounted AC units with central heating and air conditioning provide added convenience and energy efficiency. Eight units have been updated in 2024 including heaters and A/C units, plumbing and more. All units come with a parking, plus 2 guest parking spots; easily reline the lot to create even more parking spaces to increase tenant satisfaction and appeal. This is a rare opportunity for investors looking for a property with strong income growth, low operating costs, and increasing market demand. The laundry room is not being used; this can add more income if operated. The street is part of the city's beautifying project adding additional value for the years to come. Additionally, two new apartment buildings are planned in the area, boosting future demand and property value. Close to shopping and freeways, the building has a very high occupancy rate and quick turnover.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# GD25024858
List price is $1,595,000
Beds: 0
Baths: 0
Built in 1969
2 stories
0.45 acres
Lot size: 0.4500
County: Kern
Zoning: R-2
Lot description: ZeroToOneUnitAcre
MLS area: BKSF - Bakersfield

Last Updated: 5/5/2025

 Find more Bakersfield homes and real estate

 Find more homes in 93308 zip code

This listing belongs to the BKSF - Bakersfield MLS area

Lat/Long: 35.405327, -119.022893.
Find nearby listings


Listing Agent: Karine Haneyan
Lic#: 01801928
Office Name: Sherman Oaks

Area Map

Nearby Schools

No schools were found in the area

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

  • Search
    • My Active Listings
    • My Previous Sales
    • Residential
    • Lease
    • Open Houses
    • Commercial
    • New Homes
    • Luxury
  • Buyers
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • What do you want in a home?
    • Finding your home
    • Submitting an offer
    • After the offer is accepted
    • Moving
  • Sellers
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  • Services
    • Prosperity Home Mortgage
    • HomeServices Relocation
    • HomeServices Insurance Agency
    • Pickford Escrow
    • California Title Company
    • American Home Shield
    • PINNACLE
    • myNHD
  • About
    • About Us
    • Leadership Team
    • Globally Respected
    • Diversity & Inclusion
    • The Charitable Foundation
    • Agents Only

Photo of Jesse Hlubik

Jesse Hlubik REALTORĀ® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
  • Facebook
  • Instagram

© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

Photo of Equal Housing Opportunity Privacy Policy - California Privacy Notice - Terms of Use - Accessibility
Do Not Sell My Personal Information DMCA.com Protection Status