1316 Flower Street
Bakersfield, CA, 93305
$595,000
MLS: SR26168945
Beds
—
Baths
—
Sq Ft
3,432
Lot
0.17 ac
Year Built
1984
MLS #
SR26168945
Days on Market
71
Listed
Aug 6, 2026
Description
Excellent investment opportunity! This is what both new & experienced investors are looking for to make their money work for them. Beautiful 4 unit apartment building hot on the market. Each unit is a stunning 2 bedroom, 1 bathroom apartment with new wood flooring, tile flooring, ceiling fans, granite counter-tops, electric stove, dishwasher, new A/C units, new water heaters including washer/dryer hook-ups. Great floorplan layout, lots of open parking spaces in a gated lot, peaceful & quiet location and conveniently located to shopping, restaurants, public transportation and downtown Bakersfield. Three units are occupied and one new tenant on the way. All three are collecting their current rental incomes. Do not let this opportunity pass you by, this is investment gold! Get your offers in today!
Location
Bakersfield, Kern County, CA 93305
Open on Google Maps ↗Listed by: Jason Bruce · Century 21 Doug Anderson
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,851
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,500 · Loan: $535,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,708
- Property tax (1.25%)
- $620
- Homeowners insurance
- $300
- Mortgage insurance
- $223
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $20,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Bakersfield, CA 93305 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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