Under $500K Investment Properties for Sale in Bakersfield, CA
199- 3 Bed
- 2 Bath
- 1827 sft
618- 3 Bed
- 1 Bath
- 974 sft
177- 3 Bed
- 2 Bath
- 1754 sft
344- - Bed
- - Bath
- 2156 sft
Why Invest in Bakersfield, California?
Bakersfield offers compelling opportunities for sub-$500k real estate investments in California's Central Valley. The market has demonstrated consistent appreciation, with an annual average house appreciation rate of 7.71% over the past decade. Single-family detached homes comprise 71.35% of the housing stock, providing diverse investment options. Strong rental demand driven by population growth and job opportunities creates sustained income potential. Properties under $500k represent an affordable entry point into California's real estate market while maintaining solid long-term growth prospects.
Frequently Asked Questions
Bakersfield offers affordable entry points into California real estate with strong historical appreciation (7.71% annually over the past decade). The market provides diverse single-family home inventory and sustained rental demand driven by population growth and employment opportunities, making it ideal for investors seeking value in a growing market.
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