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Arvin, CA Multifamily Home for Sale

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    $675,000

    417 Wilson St, Arvin, CA 93203

    Income-producing investment opportunity featuring a rental house plus a mobile home park with 9 spaces, totaling 10 rentable units. Property consists of 3 parcels and is located on a corner lot. Current long-term tenant rents total approximately $4,295 per month ($51,540 annually). Financials and rent breakdown available.Drive-by only do not disturb tenants. Sold as-is.Potential for alternative

    Agent Photo

    Erica Ruelas

    Elevate Realty

    417 Wilson St, Arvin, CA 93203

Why Live in Arvin

Arvin, CA, located at the base of the Tehachapi Mountain range, offers residents scenic mountain views and a cost of living significantly lower than the state average. This agricultural town, 20 miles southeast of Bakersfield, is known for its production of Grimmway carrots, Gold Ribbon potatoes, and Di Giorgio grapes, contributing to its agricultural and industrial economy. However, pollution levels are high due to pesticides and proximity to a large oil refinery. Residential areas feature ranch homes and bungalows, typically ranging from 1,000 to 1,400 square feet, with street parking and fenced yards. Paradise Lakes Estates, a gated community with postmodern ranch-style houses, provides a more upscale living option. The Kern High School District serves the area, with Arvin High School receiving high ratings and notable proficiency in reading. Local features include DiGiorgio Park with athletic fields and a skatepark, and Smothermon Park, which hosts the annual Arvin Wildflower Festival. Dining options along Bear Mountain Boulevard include Carniceria Martinez Harris Ranch, Vallarta Supermarket, Burger Time, New Jarritos, El Chavalon Sushi & Mariscos, and Bear Mt Pizza. Bear Mountain Boulevard, a key thoroughfare, connects residents to California State Routes 58 and 99, facilitating commutes to Bakersfield and access to local transit services.

Home Price Trends

Median Sale Price
$313,500
Median Single Family Sale Price
$315,000
Median Townhouse Sale Price
$176,000
Median 2 Bedroom Sale Price
$235,000
Median 1 Bedroom Sale Price
$194,900
Average Price Per Sq Ft
$233
Number of Homes for Sale
8
Last 12 months Home Sales
26
Months of Supply
3.70
Median List Price
$324,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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