12116 Highway 178 Lake Isabella, CA 93240
Estimated payment $1,238/month
Highlights
- Heated Floors
- Evaporated cooling system
- 1-Story Property
- 0.39 Acre Lot
About This Home
Investment Opportunity - Duplex with Huge Potential In the kern River Valley!Looking for your next project with great upside? This duplex is the perfect opportunity for investors who don't mind rolling up their sleeves and unlocking hidden value. With a little TLC, this property can easily be brought back to its former shine and start generating strong rental income. Whether you're looking to fix and flip or buy and hold, this property offers the kind of value-add opportunity investors are searching for. With today's rental demand, once updated, this duplex has the potential to deliver steady income and long-term equity growth. Don't miss your chance to turn this diamond in the rough into your next profitable investment!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,716 Sq Ft Home
- 1-Story Property
- Heated Floors
Schools
- Kern Valley High School
Additional Features
- 0.39 Acre Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 48603011
Community Details
Overview
- 2 Units
Building Details
- Gross Income $33,600
- Net Operating Income $27,100
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 | $2,262 | $170,669 | $28,443 | $142,226 |
| 2024 | $2,262 | $167,324 | $27,886 | $139,438 |
| 2023 | $2,201 | $164,044 | $27,340 | $136,704 |
| 2022 | $2,134 | $160,828 | $26,804 | $134,024 |
| 2021 | $2,016 | $157,676 | $26,279 | $131,397 |
| 2020 | $1,948 | $156,060 | $26,010 | $130,050 |
| 2019 | $1,919 | $156,060 | $26,010 | $130,050 |
| 2018 | $1,185 | $89,250 | $20,400 | $68,850 |
| 2017 | $1,174 | $87,500 | $20,000 | $67,500 |
| 2016 | $1,045 | $80,000 | $15,000 | $65,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $274,990 | +37.5% | $160 / Sq Ft | |
| 08/20/2025 08/20/25 | For Sale | $199,990 | +33.3% | $117 / Sq Ft | |
| 06/08/2018 06/08/18 | Sold | $150,000 | -14.3% | $87 / Sq Ft | View Prior Sale |
| 05/18/2018 05/18/18 | Pending | -- | -- | -- | |
| 01/17/2018 01/17/18 | For Sale | $175,000 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $126,000 | None Listed On Document | |
| Grant Deed | $110,000 | Chicago Title Company | |
| Grant Deed | $150,000 | Chicago Title Bakersfield | |
| Grant Deed | $87,500 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202509521
APN: 486-030-11-00-3
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
- 12116 California 178
- 6206 Mulberry Ave
- 6131 Maple
- 6300 Lynch Canyon Dr
- 4501 Pine Ln
- 6304 Lynch Canyon Dr
- 6301 Park Ave
- 6308 Lynch Canyon Dr
- 4800 Joshua Dr
- 4527 Mccray Rd
- 6316 Park Ave
- 6413 Lynch Canyon Dr
- 6501 Park Ave
- 6512 Linda Ave
- 6600 Grace Ave
- 6605 Dogwood Ave
- 4300 Poplar St
- 00 Sagebrush Rd
- 6504 Cook Peak
- 0 Cook Peak Indian Rock Unit 2605609