1308 Flower St, Bakersfield, CA, 93305
About This Home
Excellent investment opportunity in the heart of Bakersfield! This well-maintained four-unit apartment building features four spacious 2-bedroom, 1-bath units, offering strong rental demand and excellent income potential. The property includes approximately 3,442 square feet of living space with ample on-site parking and convenient access to schools, shopping, dining, medical facilities, and major commuter routes. The functional floor plans, washer/dryer hookups, and desirable unit layouts make this property attractive to both tenants and investors alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking an income-producing asset, this multi-family property offers tremendous upside and long-term value. Don't miss the opportunity to own a cash-flowing asset in a growing rental market.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1984
Materials
- Roof: Shingle
- Construction materials: Stucco,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Interior Area
- Total structure area: 3,432
- Total interior livable area: 3,432 sqft
Property
Details
- Parcel number: 12710015
- Zoning: R-3
Lot
- Lot size: 7,405 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Kern County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $249 | $2,988 |
| Property Taxes | $1,102 | $13,224 |
| Electricity | $735 | $8,831 |
| Total | $5,114 | $61,368 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-15 | Listed for sale | $599,000 |
| 2026-05-04 | Listed for rent | $1,500 |
| 2025-09-11 | Sold | $575,000 |
| 2025-08-01 | Pending sale | $585,000 |
| 2025-07-16 | Price change | $585,000 |
| 2025-06-30 | Listed for sale | $550,000 |
| 2025-06-25 | Pending sale | $550,000 |
| 2025-05-29 | Price change | $550,000 |
| 2024-12-12 | Listed for sale | $575,000 |
| 2017-10-10 | Sold | $299,500 |
| 2008-12-09 | Sold | $125,000 |
| 2008-08-20 | Sold | $225,400 |
| 2004-12-17 | Sold | $285,000 |
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