We are pleased to exclusively offer for sale 331 Haybert Court, a rare find in the heart of the Bakersfield rental market. This meticulously maintained multi-family property features a charming 2-Bedroom/1-Bathroom single story cottage alongside five spacious 2-Bedroom/1.5-Bathroom Townhouse style units. The 2 bedroom cottage was built in 1946 and the (5) townhome units were built in 1978. Showcasing exceptional pride of ownership, the property is highlighted by modernized renovations throughout such as new flooring, kitchens, bathrooms and more, making it a turnkey investment. With a current Gross Rent Multiplier (GRM) of 9.56 and an impressive Cap Rate of 7.76%, this asset offers one of the highest returns available in the market. Each unit is equipped with individual washer/dryer hookups and utilizes a Ratio Utility Billing System (RUBS) for streamlined utility management, minimizing expenses for the owner. Tenants also appreciate private backyards, providing added privacy. Additionally, the extra space on the lot presents an opportunity for an Accessory Dwelling Unit (ADU)—buyer to verify with the proper city authorities. Don’t miss the chance to acquire a well-performing asset with significant growth potential.
Sold
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
$975,000
331 Haybert Ct, Bakersfield, CA 93304
--beds
--baths
5,439sqft
Multi Family
Built in 1946
-- sqft lot
$981,700 Zestimate®
$179/sqft
$1,337 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 08:35pm
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with:
Kristopher German, DRE #01800021
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV24213601
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,439
- Total interior livable area: 5,439 sqft
Property
Parking
- Total spaces: 11
- Parking features: Carport
- Carport spaces: 5
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 0.31 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 01111218009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Bakersfield
HOA & financial
Other financial information
- Total actual rent: 8570
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$981,700
2% more+ $19,634
With Zillow Showcase(estimated)
$1,001,334