516 Water Street, Bakersfield, CA 93305
516 Water Street, Bakersfield, CA 93305
516 Water Street, Bakersfield, CA 93305
10
See all 10 photos
$80,000
$119,900 33.3%
Est. payment /mo
1 Bed
1 Bath
640 SqFt
Sold on 07/30/2026

516 Water Street Bakersfield, CA 93305

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Casey Brummer
Casey Brummer

Real Estate Advisor | License ID: 01737419

+1(661) 518-9697

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Key Details

Sold Price $80,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 640 sqft

Price per Sqft $125

MLS Listing ID 202606900

Sold Date 07/30/26

Bedrooms 1

Full Baths 1

Year Built 1942

Lot Size 6,969 Sqft

Property Sub-Type Single Family Residence

Property Description

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!

Location

State CA

County Kern

Area 31

Zoning R2

Exterior

Pool None

Building

Story 1

Schools

Elementary Schools Noble, Myra A.

Middle Schools Washington

High Schools East

Others

Special Listing Condition Subject To:, None of the Above

Golden Empire MLS (Bakersfield AOR)
Listed by Belen Gonzalez • Kathy Kotsiomitis Realty
Bought with Belen Gonzalez • Kathy Kotsiomitis Realty

GET MORE INFORMATION

Casey Brummer

Casey Brummer

Real Estate Advisor | License ID: 01737419

+1(661) 518-9697

Name
Phone*
Message

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516 Water Street