NOT LISTED FOR SALE
-- Bed
-- Bath
7,044 Sq Ft
0.38 Acre 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
  • 1-Story Property
  • 0.38 Acre Lot

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

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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.

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2025
Closed on
Jan 21, 2026
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Caleb Fisk
ASU Commercial
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
2

Purchase Details

Listed on
Sep 28, 2025
Closed on
Dec 10, 2025
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Caleb Fisk
ASU Commercial
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
2

Purchase Details

Closed on
Sep 15, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.13%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bought by

Purchase Details

Listed on
Mar 12, 2020
Closed on
Feb 24, 2020
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$875,000
Sold Price
$900,000
Premium/Discount to List
$25,000
2.86%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- Pacific Coast Title
$1,050,000 Pacific Coast Title
-- California Best Title Company
-- Accommodation
-- Accommodation
$900,000 Placer Title Company
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $660,000
Previous Owner $1,160,000
Previous Owner $536,250
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
2026 $15,448 $1,061,207 $106,120 $955,087
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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202510968

Bakersfield Association of REALTORS® / GEMLS
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