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ResidentialIncome — 7000 N Half Moon Drive, Bakersfield, CA

$765,000

7000 N Half Moon Drive, Bakersfield, CA

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About this property

Positioned in a premier Southwest Bakersfield location, 7000 N Half Moon Dr represents an exceptional opportunity to acquire a well-maintained four-unit investment property with strong income potential. Showcasing attractive curb appeal, mature landscaping, and extensive recent upgrades, this asset is ideally suited for both seasoned and first-time investors. The property features a desirable unit mix consisting of one expansive three-bedroom, one-and-a-half-bath residence and three well-proportioned two-bedroom, one-bath units. Each residence offers a private backyard, providing an ideal setting for outdoor enjoyment, along with dedicated garage parking. The three-bedroom unit includes a two-car garage, while each two-bedroom unit benefits from a one-car garage in addition to assigned parking. Significant capital improvements have been completed, including renovations to three of the four units, fresh exterior paint, new privacy fencing, updated garage doors, and modernized interior finishes such as flooring and paint. All units are equipped with washer and dryer hookups, enhancing tenant convenience and appeal. With rents currently below market levels, the property presents a compelling value-add opportunity with substantial upside in rental income. Its strategic location offers close proximity to quality schools, parks, dining, and convenient freeway access, further strengthening its long-term investment appeal. This is a rare opportunity to secure a competitively priced fourplex in one of Southwest Bakersfield’s most desirable submarkets.

Property details

Year built
1982
Property type
ResidentialIncome

Location

7000 N Half Moon Drive • Bakersfield, CA 93309

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Listed by

Henrik Alaverdyan · Pinnacle Estate Properties, In