$449,999
PENDING

Estimated payment $2,730/month

Total Views 2,352
-- Bed
-- Bath
2,046 Sq Ft
$220 Price per Sq Ft

About This Home

We are pleased to present a four unit multifamily property with strong value add potential, ideal for a first time buyer. The offering features spacious one bedroom one bath units that support consistent occupancy and long term rentability. One unit has been fully renovated with new flooring, fresh paint, creating a true move in ready unit. Ideal for an owner occupant looking to step into their first investment or lease it at market rent to generate income from day one. The remaining units offer clear upside through interior upgrades and rent growth as the asset is repositioned. Add income by revitalizing the laundry area with new machines, creating an additional revenue stream while boosting tenant appeal and the property's overall market value.BONUS DEVELOPMENT OPPORTUNITY:The property is zoned R-3 with a base density of 6 units. With California's State Density Bonus Law (SB181) and AB1287 (2023), the site has a high-density potential from 8 up to 12 units (Buyer to verify).

Listing Agent

Esteban Contreras

Watson Realty License #01975384 Listed on: 05/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,046 Sq Ft Home
  • 1-Story Property

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 01510014

Community Details

Overview

  • 4 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $44,000
  • Net Operating Income $28,805

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1954
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1700
  • Subdivision Name: Bakersfield
  • Garage Yn: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2046.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Private: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4.00

Utilities

  • Heatcool: Evaporative

Schools

  • High School: East

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01510014

Multi Family

  • Total Annual Expense: 13831.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 44000.00
  • Property Net Operating Income: 28805.00

MLS Schools

  • Elementary School: Jefferson_Bak

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,623 $99,918 $25,617 $74,301
2024 $3,623 $97,960 $25,115 $72,845
2023 $3,517 $96,040 $24,623 $71,417
2022 $3,372 $94,158 $24,141 $70,017
2021 $3,015 $92,313 $23,668 $68,645
2020 $2,885 $91,368 $23,426 $67,942
2019 $2,832 $91,368 $23,426 $67,942
2018 $2,781 $87,821 $22,517 $65,304
2017 $2,752 $86,100 $22,076 $64,024
2016 $2,630 $84,413 $21,644 $62,769
2015 $2,594 $83,146 $21,319 $61,827
2014 $2,516 $81,518 $20,902 $60,616
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
05/29/2026 05/29/26 Pending -- -- --
05/01/2026 05/01/26 For Sale $449,999 -- $220 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202604769

Bakersfield Association of REALTORS® / GEMLS
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