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Stacey Alysson Melman

1018 Miller
Bakersfield, CA, 93305
$1,060,000
Beds
0 Baths
0 SqFt
0.23 Acres
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MLS #OC26186246 image #0
Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield’s steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.
AGENT:
LISTING BROKERAGE: Central Valley Property Adviso
1018 Miller
Bakersfield, CA

Property Details

Price:
$1,060,000
MLS #:
OC26186246
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
bksfbakersfield
Listed Date:
Aug 25, 2026
Total Sq Ft:
3,808
Lot Size:
10,051 sqft / 0.23 acres (approx)
Year Built:
1950
Bksf – BakersfieldBksfbakersfield
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Laundry Features
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Exterior

Common Walls
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Community Features
SDW

Financial

Net Operating Income
$67,314

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