Seller's Agent in 2025
Marc Thurston
ASU Commercial
(661) 862-5454
92 Total Sales
1017 El Tejon Ave Bakersfield, CA 93308
Bakersfield Area
--
Beds
--
Baths
2,475
Sq Ft
5,662
Sq Ft Lot
Highlights
- Heated Floors
- Evaporated cooling system
- 1-Story Property
About This Home
As of August 2025Offered at $489,000, 1017 El Tejon is a well-located 5-unit apartment building featuring five 1-bedroom, 1-bath units. Built in 1953 and totaling approximately 2,475 square feet, the property is priced at just $97,800 per unitmaking it an attractive entry-level investment. With a gross scheduled income of $54,204 and a 6.13% cap rate based on actual income and new property taxes, this asset offers strong in-place cash flow and upside potential. Ideal for investors seeking steady returns in a manageable, small-scale multifamily property.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 5,662
Parking
- Uncovered Parking
Interior Spaces
- 2,475 Sq Ft Home
- 1-Story Property
- Heated Floors
Schools
- Beardsley Middle School
- North High School
Additional Features
- 5,662 Sq Ft Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 11111404
Community Details
Overview
- 5 Units
Building Details
- Gross Income $54,204
- Net Operating Income $29,963
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
Jul 11, 2025
Closed on
Jul 23, 2025
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Frank St. Claire
St. Clair Realty
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%
Views
19
Purchase Details
Listed on
Sep 9, 2015
Closed on
Oct 26, 2015
Sold by
Bought by
Seller's Agent
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
Buyer's Agent
Fernando Contreras
Sierra Central Real Estate
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$30,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Sep 9, 2015
Closed on
Oct 7, 2015
Sold by
Bought by
Seller's Agent
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
Buyer's Agent
Fernando Contreras
Sierra Central Real Estate
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 4, 2014
Closed on
Dec 19, 2014
Sold by
Bought by
Seller's Agent
Dana Gradowitz
Unknown Broker
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$139,000
Sold Price
$110,000
Premium/Discount to List
-$29,000
-20.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.04%
Original Mortgage
$125,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 19, 2010
Sold by
Bought by
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 |
|---|---|---|---|
| $465,000 | Placer Title | ||
| -- | Placer Title Company | ||
| $165,000 | Placer Title Company | ||
| $110,000 | Ticor 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 |
|---|---|---|---|
| Open | $270,000 | ||
| Previous Owner | $30,000 | ||
| Previous Owner | $107,250 | ||
| Previous Owner | $125,000 |
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 |
|---|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $465,000 | -4.9% | $188 / Sq Ft | |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- | |
| 07/11/2025 07/11/25 | For Sale | $489,000 | +196.4% | $198 / Sq Ft | |
| 11/04/2015 11/04/15 | Sold | $165,000 | -2.4% | -- | View Prior Sale |
| 10/05/2015 10/05/15 | Pending | -- | -- | -- | |
| 09/09/2015 09/09/15 | For Sale | $169,000 | +53.6% | -- | |
| 12/31/2014 12/31/14 | Sold | $110,000 | -20.9% | -- | View Prior Sale |
| 12/04/2014 12/04/14 | For Sale | $139,000 | -- | -- |
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 | $6,780 | $465,000 | $57,000 | $408,000 |
| 2025 | $6,515 | $195,321 | $17,755 | $177,566 |
| 2024 | $6,515 | $191,492 | $17,407 | $174,085 |
| 2023 | $6,283 | $187,738 | $17,066 | $170,672 |
| 2022 | $5,643 | $184,058 | $16,732 | $167,326 |
| 2021 | $5,270 | $180,450 | $16,404 | $164,046 |
| 2020 | $5,005 | $178,600 | $16,236 | $162,364 |
| 2019 | $4,950 | $178,600 | $16,236 | $162,364 |
| 2018 | $4,766 | $171,666 | $15,606 | $156,060 |
| 2017 | $4,604 | $168,300 | $15,300 | $153,000 |
| 2016 | $3,456 | $165,000 | $15,000 | $150,000 |
| 2015 | $2,764 | $110,000 | $15,000 | $95,000 |
| 2014 | $2,118 | $56,025 | $11,190 | $44,835 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Thurston
-
Frank St. Claire
FS
Buyer's Agent in 2025
Frank St. Claire
St. Clair Realty
(661) 834-0640
187 Total Sales
-
Mary Cruz Rodriguez
MC
Seller's Agent in 2015
Mary Cruz Rodriguez
Mary Cruz Realty, Inc
(661) 201-9434
77 Total Sales
-
Fernando Contreras
Buyer's Agent in 2015
Fernando Contreras
Sierra Central Real Estate
(661) 205-7927
97 Total Sales
-
DG
Seller's Agent in 2014
Dana Gradowitz
Unknown Broker
-
Philip Jordan
Buyer's Agent in 2014
Philip Jordan
Keller Williams Realty
(805) 453-8353
130 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202507761
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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