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3,808 sqft

$1,060,000

1018 Miller Street, Bakersfield CA, 93305

Price per sqft$278.36
Built in1950
Property size3,808 sqft
Property typeResidential
Courtesy of Eric VanDenk with Central Valley Property Advisors

Overview

Active

Listed Jul 6, 2026

Updated Aug 26

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.

$7,052/mo

Est. mortgage payment based on a $1,060,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202607255

Interior Features

Basement
No

Exterior Features

Lot Size
0.23 Acres
MLS provider logo

Listed by Central Valley Property Advisors, Eric VanDenk,
Listing Contact: 661-376-0575 x1 

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