1018 Miller St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated payment $6,736/month
About This Home
Located at 1018 Miller St in Bakersfield, CA, this well-positioned 10-unit multifamily asset offers a uniform floor plan of 1-bedroom, 1-bathroom units, providing operational simplicity and broad tenant appeal. The property currently generates gross annual income in excess of $103,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, driven by its diverse local economy and relative affordability compared to coastal California markets, supports continued occupancy strength and upside potential through future rent growth or value-add improvements. With uniform units simplifying maintenance and management, 1018 Miller St presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Interior Spaces
- 3,808 Sq Ft Home
- 2-Story Property
Schools
- Williams Bak Elementary School
- East High School
Additional Features
- 10,018 Sq Ft Lot
- Central Air
Listing and Financial Details
- Assessor Parcel Number 01540006
Community Details
Overview
- 10 Units
- Bakersfield Subdivision
Building Details
- Gross Income $103,560
- Net Operating Income $67,314
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 |
|---|---|---|---|---|
| 2025 | $9,788 | $925,000 | $60,000 | $865,000 |
| 2024 | $9,788 | $612,000 | $61,200 | $550,800 |
| 2023 | $8,070 | $473,910 | $42,886 | $431,024 |
| 2022 | $7,862 | $464,619 | $42,046 | $422,573 |
| 2021 | $7,421 | $455,510 | $41,222 | $414,288 |
| 2020 | $7,269 | $450,840 | $40,800 | $410,040 |
| 2019 | $7,159 | $450,840 | $40,800 | $410,040 |
| 2018 | $2,701 | $73,184 | $22,517 | $50,667 |
| 2017 | $2,698 | $71,750 | $22,076 | $49,674 |
| 2016 | $2,609 | $70,344 | $21,644 | $48,700 |
| 2015 | $2,938 | $69,288 | $21,319 | $47,969 |
| 2014 | $2,522 | $67,932 | $20,902 | $47,030 |
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 |
|---|---|---|---|---|---|
| 08/06/2026 08/06/26 | Price Changed | $1,075,000 | -2.3% | $282 / Sq Ft | |
| 07/06/2026 07/06/26 | For Sale | $1,100,000 | +18.9% | $289 / Sq Ft | |
| 07/12/2024 07/12/24 | Sold | $925,000 | 0.0% | $243 / Sq Ft | View Prior Sale |
| 07/11/2024 07/11/24 | Pending | -- | -- | -- | |
| 07/01/2024 07/01/24 | For Sale | $925,000 | +54.2% | $243 / Sq Ft | |
| 05/01/2023 05/01/23 | Sold | $600,000 | 0.0% | $158 / Sq Ft | View Prior Sale |
| 02/23/2023 02/23/23 | Pending | -- | -- | -- | |
| 10/05/2022 10/05/22 | For Sale | $600,000 | +35.8% | $158 / Sq Ft | |
| 10/04/2018 10/04/18 | Sold | $441,800 | -1.4% | $116 / Sq Ft | View Prior Sale |
| 09/04/2018 09/04/18 | Pending | -- | -- | -- | |
| 08/15/2018 08/15/18 | For Sale | $448,000 | -- | $118 / Sq Ft |
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 | $925,000 | Ticor Title | |
| Grant Deed | $600,000 | Ticor Title Company | |
| Grant Deed | -- | Orange Coast Ttl Builder Svc | |
| Grant Deed | $442,000 | North American Title Co | |
| Grant Deed | $65,000 | Chicago Title Company | |
| Trustee Deed | $250,000 | Servicelink | |
| Grant Deed | $575,000 | Fidelity National Title | |
| Grant Deed | $186,000 | Stewart Title Of Ca Inc | |
| Grant Deed | $75,000 | Chicago Title Co | |
| Trustee Deed | $101,494 | Chicago Title 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 | $855,000 | New Conventional | |
| Previous Owner | $211,000 | No Value Available | |
| Previous Owner | $147,000 | New Conventional | |
| Previous Owner | $253,000 | New Conventional | |
| Previous Owner | $326,951 | Commercial | |
| Previous Owner | $331,350 | Commercial | |
| Previous Owner | $168,500 | Commercial | |
| Previous Owner | $402,000 | Commercial | |
| Previous Owner | $201,500 | Commercial | |
| Previous Owner | $120,900 | Commercial | |
| Previous Owner | $25,000 | Commercial |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202607255
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