Login

516 WATER STREET, Bakersfield, CA 93305

Bakersfield
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
516 WATER STREET,Bakersfield, CA 93305
$119,900
  • 1 Beds
  • 2 Baths
  • 640 sq. ft.
  • Single family
  • Active
Listed by: belen gonzalez
Office: kathy kotsiomitis realty
MLS#:202606900
Source:BF

Price summary

  • Price:$119,900
  • Price per sq. ft.:$187.34

About this home

Investment Opportunity, Only $119,900!Don't miss this affordable investment property with long-term tenants already in place, providing immediate rental income. The current tenants (with an excellent payment history) have occupied the home since September 2020, making this an excellent opportunity for investors seeking steady cash flow. Situated on an R-2 zoned lot, this property offers exciting future potential. The home features 3 rooms (one with a closet), a living room, 1 full bathroom, washer and dryer hookups, a carport, and RV parking. While the home does need repairs, it has been an excellent value with upside potential, conveniently located near shopping centers, schools, churches, and other everyday amenities. Whether you're looking to expand your investment portfolio or capitalize on the property's feature development potential, this is an opportunity you don't want to miss!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1942
  • Listing ID #:202606900
  • Added:8 day(s) ago
  • Updated:July 05, 2026 at 02:44 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2
  • Full bathrooms:1
  • Living area:640 sq. ft.

Heating and cooling

  • Heating:Floor/Wall Unit

Structure and exterior

  • Year built:1942
  • Building area:640 sq. ft.
  • Lot area:0.16 Acres
  • Levels:1 Story

Schools

  • High school:East
  • Middle school:Washington
  • Elementary school:Noble, Myra A.

Finances and disclosures

  • Price:$119,900
  • Price per sq. ft.:$187.34

Parking

  • Parking description:Carport
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026. BF Member Broker: Mike Southwick

New listings near 516 WATER STREET