Bakersfield Main House + Rented Side Unit Deal | Purchase Price $125,000 | ARV $215,000
Investor Opportunity – Bakersfield, CA — Starting at $125,000! The property is offered as-is and may be suited for a buy-and-hold, value-add renovation, or resell exit depending on your model.
Investment Highlights
• A 2-bed main house plus a separate side unit (1411 1/2) with its own kitchen on one lot in east Bakersfield (93305). The side unit is a converted former garage; permit status unknown.
• Side unit reported rented at $600/month, month to month, with a tenant who reportedly wants to stay; main house to be vacated by the seller.
• Same owner since 1997 per public records, and the seller has reported the main house has not been updated.
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Property Details (as reported; buyer to verify)
• Property Type: Single Family Residence with a converted side unit (2 living units on 1 lot)
Main House (1411 Gage St)
• Bedrooms: 2
• Bathrooms: 1
• Square Footage: Approximately 821 (public records). The public record appears to cover the main house only; the side unit is not included.
• Year Built: Approximately 1925 (public records)
• Cooling/Heating: Window A/C units reported (evaporative cooler removed); heating not reported
• Roof: The seller has reported no current leaks; a past leak at the old cooler line was reportedly repaired, with some ceiling peeling from that moisture
Side Unit (1411 1/2 Gage St, as reported)
• Bedrooms: 2
• Bathrooms: 1
• Kitchen: Yes
• Square Footage: Unknown; not included in the public-record figure. Buyer to verify.
• Address: The seller has reported it receives mail as 1411 1/2 Gage St
• Location: On the side of the main house, not behind it
• How it came to be: The seller has reported it appears as a garage on the papers from when he bought the property. It was already converted to living space before he bought it; he then built an addition to make it larger and did a light remodel.
• Permits: The seller has reported he does not know whether the original garage conversion was permitted. Whether his addition was permitted is not confirmed. Buyer to verify with the City of Bakersfield.
• Utilities: The seller has reported it shares the main house's electric meter; gas and water metering not confirmed. Buyer to verify.
Shared Features
• Lot Size: Approximately 3,920 sq ft (0.09 acres) (public records)
• Total Living Space: Unknown, because the side unit's size is unknown. Buyer to verify.
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Occupancy Status
• Main House: Owner-Occupied. The seller has reported being able to vacate within 30 days of a sale.
• Delivery: Main house to be delivered vacant at closing — buyer should account for flexible timing to accommodate seller's cleanout.
• Side Unit: Tenant-Occupied. Buyer takes the property with the tenant in place and handles the tenancy after close of escrow.
• Side Unit Rent: $600/month, reportedly paid on time
• Side Unit Tenancy: Month to month, no written lease. The seller believes the tenant would like to stay and rent from the new owner, and has reported the tenant would leave if asked.
• Property is to be delivered in its current "as-is" condition regarding personal property. While the seller is making efforts to clear the premises, the Buyer assumes all responsibility and costs for the removal and disposal of any personal property, debris, or items remaining on the premises (including the home and garage) after the close of escrow.
• Showings are available — contact Dispositions to schedule.
• Property Sold As-Is: Buyer must be prepared to accept the property in its current condition.
• Closing Deadline: Buyer to close by December 4, 2026 or sooner.
• Payment Terms: Cash or hard money only.
• Closing Costs: Buyer is responsible for all closing costs, including both the buyer's and seller's.
• Earnest Money Deposit: $10,000, non-refundable, due within 24 hours of offer acceptance.
• Agent Fees: Agents add their commission on top of the purchase price.
• Sight unseen offers are always prioritized.
• Buyer to Verify: All information in this listing was provided by the selling party or taken from public sources and has not been independently verified. Nothing here is a representation, warranty, or guarantee, and none of it should be relied on as fact. Buyer is solely responsible for all of its own inspections and due diligence before making an offer and before the close of escrow.
For Offers & Inquiries Call or Text Ryan at 661-776-8753
More About This Property
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ARV $215,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $136,000.