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.

Property details

Year built

1950

Property type

Residential Income

Lot size

10,051 sqft

Location

1018 Miller • Bakersfield, CA 93305

More homes for sale and rent in Bakersfield, CA →

Listing Agent

Eric VanDenk

DRE #: 02071696

Brokerage: Central Valley Property Adviso

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Closed sales reported in 93305, nearest first, last 12 months. All recent sales in Bakersfield →

CRMLS

MLS# OC26186246

Listed: 8/25/2026 6:16 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 8/25/2026 1:52 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Central Valley Property Adviso

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 1018 Miller, Bakersfield, CA