1115 Grace St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated payment $1,316/month
Highlights
- Heated Floors
- Evaporated cooling system
- 1-Story Property
About This Home
This vacant duplex at 1115 Grace Street in Bakersfield presents a value-add opportunity for investors seeking a full rehab project. The property consists of one 2-bedroom/1-bath unit and one studio, totaling approximately 1,186 square feet, situated on a generous 7,446 square foot lot. Built in 1940, both units have been trashed out and will require a complete renovationplease refer to the attached condition report for details. With flexible redevelopment potential and upside after rehabilitation, this is offering is priced at $199,000.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Parking
- Uncovered Parking
Home Design
- Duplex
Interior Spaces
- 1,186 Sq Ft Home
- 1-Story Property
- Heated Floors
Schools
- Jefferson Bak Elementary School
- East High School
Additional Features
- 7,405 Sq Ft Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 12719006
Community Details
Overview
- 2 Units
- Drurys Northern Addition Subdivision
Building Details
- Gross Income $1
- Net Operating Income $1
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 | $3,525 | $145,012 | $39,040 | $105,972 |
| 2024 | $3,409 | $142,170 | $38,275 | $103,895 |
| 2023 | $3,409 | $139,383 | $37,525 | $101,858 |
| 2022 | $3,190 | $136,651 | $36,790 | $99,861 |
| 2021 | $3,004 | $133,972 | $36,069 | $97,903 |
| 2020 | $2,930 | $132,600 | $35,700 | $96,900 |
| 2019 | $2,562 | $110,364 | $31,836 | $78,528 |
| 2018 | $2,495 | $106,080 | $30,600 | $75,480 |
| 2017 | $2,461 | $104,000 | $30,000 | $74,000 |
| 2016 | $1,382 | $37,069 | $21,806 | $15,263 |
| 2015 | $1,381 | $36,513 | $21,479 | $15,034 |
| 2014 | $1,351 | $35,799 | $21,059 | $14,740 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/21/2026 02/21/26 | Pending | -- | -- | -- | |
| 02/10/2026 02/10/26 | For Sale | $199,000 | +53.1% | $168 / Sq Ft | |
| 05/22/2019 05/22/19 | Sold | $130,000 | -3.7% | $110 / Sq Ft | View Prior Sale |
| 04/22/2019 04/22/19 | Pending | -- | -- | -- | |
| 03/01/2019 03/01/19 | For Sale | $135,000 | +28.6% | $114 / Sq Ft | |
| 10/04/2016 10/04/16 | Sold | $105,000 | -4.5% | $89 / Sq Ft | View Prior Sale |
| 09/19/2016 09/19/16 | For Sale | $109,900 | -- | $93 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $130,000 | Chicago Title Bakersfield | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $104,000 | Chicago Title Company | |
| Grant Deed | -- | Ticor Title | |
| Trustee Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $97,500 | New Conventional | |
| Previous Owner | $59,000 | Balloon |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202601514
APN: 127-190-06-00-8
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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Ask me questions while you tour the home.