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Sold on 02/02/2026

1006 Princeton, Bakersfield, CA 93305

  • $1,050,000

    Last sold 02/02/2026

  • —

    bed

  • —

    bath

  • 7,044

    Sqft ($149/Sqft)

House not for sale
17 homes bought nearby with Movoto recently

About 1006 Princeton

Property type House
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 0.38 Acre
Rental estimate $2,998/Month
Property description
Charming 10-Unit Multifamily Property in Upper NE BakersfieldLocated at 1006 Princeton in the desirable upper northeast Bakersfield neighborhood, this 10-unit property is near Bakersfield Junior College and the picturesque Panorama Bluff walking trails. Built in 1958 and featuring a mix of 5 spacious 2-bedroom/1-bath units and 5 comfortable 1-bedroom/1-bath units, the building offers approximately 7,044 square feet of rentable space. Recent upgrades include a new roof in late 2019 and freshly painted exterior, with additional amenities like covered parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $132,852 annually, with rents ranging from $979 to $1,415, making it an excellent investment opportunity. Asking Price: $1,200,000. Contact us today to learn more!
Listed by
Listing Agent - Marc A Thurston
Listing Agent Contact: 661-889-6597
Listing Office - ASU Commercial
Source: GEMLS mls logo
MLS#202510968 • last updated 2 months ago
Movoto checked GEMLS for data 6 minutes ago
Overview
Levels/Style 1
MLS # 202510968
SqFt 7044
SubType 5 - 10 Units
Status Sold
Type Residential Income
Lot Size (SqFt) 16552
Year Built 1958
Exterior
Parking Carport
Location
County Kern
Neighborhood College Heights
Middle School Washington
High School East
Elementary School District Bakersfield City
APN 2132011
Multifamily Details
Total # of Units 10
Vacancy Factor 3
Annual Net Income 78613
Cap Rate % 0.07
Annual Gross Income 132852
Total Annual Expense 49418

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Nearby homes for sale in Bakersfield, CA

  • Real Estate
  • CA
  • Kern County
  • Bakersfield
  • 93305
  • 1006 Princeton
Rental est.: $2,998/month
Gross rent multiplier: 33.4

Nearby recently sold homes in Bakersfield, CA

  • Feb 2026
    mls logo MLS # 202510968
  • Feb 2, 2026 Sold
    $1,050,000 (-12.5%)
  • Oct 4, 2025 Pending
    —
  • Sep 28, 2025 Listed
    $1,200,000 (-11.1%)
  • Jan 2025
    mls logo MLS # 202500209
  • Jan 27, 2025 Listed
    —
  • Jan 16, 2025 Pending
    —
  • Jan 7, 2025 Listed
    $1,350,000 (+50.0%)
  • Mar 2020
    mls logo MLS # 202002774
  • Mar 14, 2020 Sold
    $900,000 (+2.9%)
  • Mar 12, 2020 Pending
    —
  • Mar 12, 2020 Listed
    $875,000
  • Oct 2019
    mls logo MLS # 21911944
  • Oct 22, 2019 Pending
    —
  • Oct 8, 2019 Listed
    $875,000
  • 1006 Princeton
    $1.05M
  • 31
    $359K
  • 93305
    $329K +3% y/y
  • Bakersfield
    $435K +4% y/y
No chart available
Statistics calculated by Movoto
2/10
Washington Middle School
public Grades 6-8
Bakersfield City School District
4/10
East Bakersfield High School
public Grades 9-12
Kern Union High School District
Source: GreatSchools.org © 2026. All rights reserved.
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Around 31

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