1010 Beale Ave Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated payment $12,003/month
About This Home
1010 Beale Avenue presents an attractive value-add multifamily investment opportunity in Bakersfield, California, consisting of sixteen (16) spacious 2-bedroom, 1-bathroom units situated on approximately 0.46 acres. The property benefits from a highly desirable workforce housing unit mix that continues to experience strong rental demand throughout the Bakersfield market. With current gross annual income exceeding $195,000, the asset provides investors with immediate cash flow while maintaining potential for future rent growth and operational efficiencies. The gated community features onsite laundry facilities, ample parking, and a proven rental history, making it well-positioned to attract and retain long-term tenants. Located near Downtown Bakersfield, major employment centers, schools, and transportation corridors, 1010 Beale Avenue offers investors the opportunity to acquire a stabilized multifamily asset with strong in-place income, durable tenant demand, and long-term appreciation
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Parking
- Uncovered Parking
Interior Spaces
- 11,520 Sq Ft Home
- 2-Story Property
Schools
- Longfellow Elementary School
- Washington Middle School
- Bakersfield High School
Additional Features
- 20,037 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01429020
Community Details
Overview
- 16 Units
- Bakersfield Subdivision
Building Details
- Gross Income $195,780
- Net Operating Income $117,468
Map
Home Values in the Area
Average Home Value in this Area
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 | $21,143 | $1,319,875 | $91,022 | $1,228,853 |
| 2025 | $20,816 | $1,293,996 | $89,238 | $1,204,758 |
| 2024 | $20,816 | $1,268,625 | $87,489 | $1,181,136 |
| 2023 | $20,322 | $1,243,751 | $85,774 | $1,157,977 |
| 2022 | $19,825 | $1,219,365 | $84,093 | $1,135,272 |
| 2021 | $18,892 | $1,195,457 | $82,445 | $1,113,012 |
| 2020 | $18,582 | $1,183,200 | $81,600 | $1,101,600 |
| 2019 | $11,334 | $595,335 | $64,945 | $530,390 |
| 2018 | $11,157 | $572,220 | $62,424 | $509,796 |
| 2017 | $11,134 | $561,000 | $61,200 | $499,800 |
| 2016 | $10,437 | $550,000 | $60,000 | $490,000 |
| 2015 | $10,108 | $520,000 | $60,000 | $460,000 |
| 2014 | $9,949 | $520,000 | $60,000 | $460,000 |
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 |
|---|---|---|---|---|---|
| 08/19/2026 08/19/26 | Price Changed | $1,865,000 | -0.5% | $162 / Sq Ft | |
| 08/12/2026 08/12/26 | Price Changed | $1,875,000 | -2.3% | $163 / Sq Ft | |
| 07/06/2026 07/06/26 | For Sale | $1,920,000 | +65.5% | $167 / Sq Ft | |
| 03/01/2019 03/01/19 | Sold | $1,160,000 | -2.9% | -- | View Prior Sale |
| 01/30/2019 01/30/19 | Pending | -- | -- | -- | |
| 01/03/2019 01/03/19 | For Sale | $1,195,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,160,000 | Placer Title Er | |
| Grant Deed | $550,000 | Chicago Title Company | |
| Grant Deed | $1,240,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Grant Deed | $365,000 | American Title Co | |
| Grant Deed | $12,000 | -- | |
| Trustee Deed | $57,573 | -- | |
| Quit Claim Deed | $76,000 | Century Title & Guaranty Co |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,290,000 | Commercial | |
| Closed | $870,000 | Commercial | |
| Previous Owner | $220,000 | Commercial | |
| Previous Owner | $735,000 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $255,650 | Seller Take Back |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202607270
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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