NOT LISTED FOR SALE
-- Bed
-- Bath
7,044 Sq Ft
0.38 Acres Lot

Sale Details

Date Sold: January 29, 2026

Last sale price $1,050,000 $149 Per Sq Ft

6 Days on Market

Highlights

  • Heated Floors
  • Central Air
  • 2-minute walk to Panorama Park
  • 0.38 Acre Lot
  • 1-Story Property

About This Home

As of January 2026

Charming 10-Unit Multifamily Property in Upper NE BakersfieldLocated at 1006 Princeton in the desirable upper northeast Bakersfield neighborhood, this 10-unit property is near Bakersfield Junior College and the picturesque Panorama Bluff walking trails. Built in 1958 and featuring a mix of 5 spacious 2-bedroom/1-bath units and 5 comfortable 1-bedroom/1-bath units, the building offers approximately 7,044 square feet of rentable space. Recent upgrades include a new roof in late 2019 and freshly painted exterior, with additional amenities like covered parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $132,852 annually, with rents ranging from $979 to $1,415, making it an excellent investment opportunity. Asking Price: $1,200,000. Contact us today to learn more!

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 09/28/2025

Last Buyer's Agent

Caleb Fisk

ASU Commercial License #02156326

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 16,552 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 7,044 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Noble Elementary School
  • Washington Middle School
  • East High School

Utilities

  • Central Air
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 02132011

Community Details

Overview

  • 10 Units

Building Details

  • Gross Income $132,852
  • Net Operating Income $78,613

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.38 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1958
  • Building Stories: 1
  • Deposit Amount Required: 25000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 7044.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Evaporative, Floor/Wall Heater

Schools

  • High School: East
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 16552.00
  • Parcel #: 02132011

Multi Family

  • Total Annual Expense: 49418.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 10
  • Existing Lease Type: Net
  • Annual Gross Income: 132852.00
  • Property Net Operating Income: 78613.00

MLS Schools

  • Elementary School: Noble, Myra A.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2026 01/29/26 Sold $1,050,000 -12.5% $149 / Sq Ft
10/04/2025 10/04/25 Pending -- -- --
09/28/2025 09/28/25 For Sale $1,200,000 +33.3% $170 / Sq Ft
03/13/2020 03/13/20 Sold $900,000 +2.9% $128 / Sq Ft View Prior Sale
03/12/2020 03/12/20 For Sale $875,000 -- $124 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,236 $1,040,400 $104,040 $936,360
2024 $15,236 $1,020,000 $102,000 $918,000
2023 $14,895 $1,000,000 $100,000 $900,000
2022 $13,615 $900,000 $100,000 $800,000
2021 $13,348 $909,324 $75,777 $833,547
2020 $13,348 $319,600 $84,096 $235,504
2019 $6,061 $319,600 $84,096 $235,504
2018 $5,965 $307,192 $80,832 $226,360
2017 $5,953 $301,170 $79,248 $221,922
2016 $5,579 $295,266 $77,695 $217,571
2015 $5,537 $290,831 $76,528 $214,303
2014 $5,389 $285,135 $75,029 $210,106
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202510968

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.