
1102 Gage St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated payment $4,094/month
About This Home
A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit, with upside potential to reach $1,500/month.Exterior improvements include newly replaced staircases and handrails on both the front and rear of the building, boosting both safety and curb appeal.The two ground-level units enjoy private, fenced yards with upgraded security gates with keypad access. A security gate has also been installed at the rear of the property, where tenants enjoy gated parking,two designated spaces per unit.This asset offers strong in-place cash flow and potential for increased income, making it a smart addition to any investor's portfolio.
Listing Agent
Central Valley Property Adviso License #02197083 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,584
Year Built
- Built in 1988
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
Parking
- 8 Car Parking Spaces
- Uncovered Parking
Schools
- Longfellow Elementary School
- Washington Middle School
- East High School
Additional Features
- 6,098 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01535012
Community Details
Overview
- 4 Units
- Bakersfield Subdivision
Building Details
- Gross Income $160,000
- Net Operating Income $41,808
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $6,584 | $349,535 | $53,609 | $295,926 |
2023 | $6,427 | $342,682 | $52,558 | $290,124 |
2022 | $6,242 | $335,964 | $51,528 | $284,436 |
2021 | $5,855 | $329,377 | $50,518 | $278,859 |
2020 | $5,112 | $275,706 | $52,020 | $223,686 |
2019 | $5,014 | $275,706 | $52,020 | $223,686 |
2018 | $4,849 | $260,100 | $36,414 | $223,686 |
2017 | $4,813 | $255,000 | $35,700 | $219,300 |
2016 | $4,121 | $217,692 | $20,710 | $196,982 |
2015 | $4,082 | $214,423 | $20,399 | $194,024 |
2014 | $3,954 | $210,224 | $20,000 | $190,224 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/10/2025 07/10/25 | For Sale | $640,000 | +96.3% | $168 / Sq Ft |
03/12/2020 03/12/20 | Sold | $326,000 | +2.2% | $86 / Sq Ft |
02/11/2020 02/11/20 | Pending | -- | -- | -- |
01/12/2020 01/12/20 | For Sale | $319,000 | +20.4% | $84 / Sq Ft |
05/01/2018 05/01/18 | Sold | $265,000 | 0.0% | $70 / Sq Ft |
04/01/2018 04/01/18 | Pending | -- | -- | -- |
02/05/2017 02/05/17 | For Sale | $265,000 | +6.0% | $70 / Sq Ft |
02/12/2016 02/12/16 | Sold | $250,000 | 0.0% | $66 / Sq Ft |
01/13/2016 01/13/16 | Pending | -- | -- | -- |
09/18/2015 09/18/15 | For Sale | $250,000 | +18.9% | $66 / Sq Ft |
09/27/2013 09/27/13 | Sold | $210,225 | -8.6% | $55 / Sq Ft |
08/28/2013 08/28/13 | Pending | -- | -- | -- |
05/16/2013 05/16/13 | For Sale | $230,000 | -- | $61 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Placer Title Company | |
Grant Deed | $326,000 | Placer Title Company | |
Grant Deed | $265,000 | Chicago Title Co | |
Grant Deed | $250,000 | Chicago Title Company | |
Interfamily Deed Transfer | -- | Chicago Title Company | |
Interfamily Deed Transfer | -- | Chicago Title Company | |
Grant Deed | -- | Investors Title Company | |
Grant Deed | $210,500 | Chicago Title Company | |
Grant Deed | -- | Ticor Title Company Of Ca | |
Interfamily Deed Transfer | -- | First American Title Company | |
Grant Deed | $109,000 | First American Title Company | |
Interfamily Deed Transfer | -- | First American Title | |
Grant Deed | $380,000 | First American Title | |
Grant Deed | $130,000 | American Title Co | |
Grant Deed | $45,000 | Stewart Title | |
Grant Deed | -- | Stewart Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $244,500 | New Conventional | |
Previous Owner | $198,750 | New Conventional | |
Previous Owner | $245,471 | FHA | |
Previous Owner | $330,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $54,500 | Future Advance Clause Open End Mortgage | |
Previous Owner | $350,000 | Unknown | |
Previous Owner | $38,000 | Stand Alone Second | |
Previous Owner | $304,000 | Fannie Mae Freddie Mac | |
Previous Owner | $170,000 | Stand Alone First | |
Previous Owner | $111,500 | Unknown | |
Previous Owner | $104,000 | No Value Available | |
Previous Owner | $33,750 | No Value Available | |
Previous Owner | $15,500 | Seller Take Back | |
Closed | $3,500 | No Value Available | |
Closed | $13,000 | No Value Available |
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Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202507752

APN: 015-350-12-00-5
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