1102 Gage St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated payment $3,959/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 Advisors Brokerage Phone: 419-206-7117 License #02071696 Listed on: 07/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,584
Year Built
- Built in 1988
Lot Details
- 6,296 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block P / 37
- Tax Tract Number 1
- Assessor Parcel Number 01535012005
- $2,470 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $475
- Trash Expense $10
- Operating Expense $25,728
- Gross Income $64,320
- Net Operating Income $38,592
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 |
---|---|---|---|---|
2025 | $6,584 | $356,525 | $54,681 | $301,844 |
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 |
---|---|---|---|---|
09/15/2025 09/15/25 | Sold | $608,000 | -5.0% | $160 / Sq Ft |
09/05/2025 09/05/25 | Pending | -- | -- | -- |
07/26/2025 07/26/25 | For Sale | $640,000 | 0.0% | $168 / Sq Ft |
07/15/2025 07/15/25 | Pending | -- | -- | -- |
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 |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MD25154979

APN: 015-350-12-00-5
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