$229,950

Estimated payment $1,509/month

Total Views 9,723
-- Bed
-- Bath
720 Sq Ft
$319 Price per Sq Ft

Highlights

  • Heated Floors
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Live in one and rent the second home. Unlock an income-generating opportunity with this duplex-style property, featuring two units on one lot! Each 1-bed, 1-bath unit offers approximately 720 sq. ft., plus storage sheds for added convenience. Sitting on a spacious 5,702 sq. ft. lot, this property is steps from Niles Street, providing tenants easy access to shopping, schools, freeway access, and dining hotspots a prime location for strong rental demand! Current Rental Income: The front unit, recently renovated, rents for $950/month, while the back unit, occupied by long-term tenants, brings in $750/month. With room for rent increases, this property offers immediate cash flow with upside potential!

Listing Agent

Ernesto Osuna

D Best Realty, Inc. License #02027338 Listed on: 02/11/2025

Co-Listing Agent

Stephanie Nava

D Best Realty, Inc. License #02076309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1940

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Hort Elementary School
  • Stiern Middle School
  • Foothill High School

Additional Features

  • 5,662 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 13427006

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $17,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,410

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1940
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1300
  • Co List Office Mls Id: 13034
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 720.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

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

Schools

  • High School: Foothill
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 5662.00
  • Parcel #: 13427006

Multi Family

  • Total Annual Expense: 2700.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 20400.00
  • Property Net Operating Income: 17700.00

MLS Schools

  • Elementary School: Hort

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $3,410 $178,500 $51,000 $127,500
2024 $1,980 $175,000 $50,000 $125,000
2023 $1,980 $58,741 $30,124 $28,617
2022 $1,800 $57,590 $29,534 $28,056
2021 $1,641 $56,461 $28,955 $27,506
2020 $1,551 $55,883 $28,659 $27,224
2019 $1,524 $55,883 $28,659 $27,224
2018 $1,466 $53,716 $27,548 $26,168
2017 $1,445 $52,663 $27,008 $25,655
2016 $1,278 $43,000 $20,000 $23,000
2015 $1,236 $39,000 $10,000 $29,000
2014 $1,142 $32,000 $8,000 $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $229,950 -4.2% $319 / Sq Ft
02/11/2025 02/11/25 For Sale $239,950 +37.1% $333 / Sq Ft
10/31/2023 10/31/23 Sold $175,000 +3.6% $365 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $169,000 -- $352 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $175,000 Chicago Title Company
Grant Deed $39,000 American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,250 New Conventional
Previous Owner $61,470 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $39,000 No Value Available
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202501739

Bakersfield Association of REALTORS® / GEMLS

APN: 134-270-06-00-3