$265,000
SOLD MAR 12, 2025
-- Bed
-- Bath
2,214 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

18% Below List Price

162 Days on Market

About This Home

As of March 2025

Charming Duplex in Oildale, Bakersfield, Perfect for Investment or Multi-Generational Living! Welcome to this unique property featuring two well-maintained homes on a single lot, offering versatility and potential. Located in the heart of Oildale, each home boasts spacious living areas, modern comforts, and convenient laundry hookups. Home 1: This cozy 2-bedroom, 1-bathroom residence offers approximately 1,100 square feet of living space. The open floor plan includes a bright living room, a kitchen with plenty of cabinet space, two comfortable bedrooms, and in-unit laundry hookups for added convenience. Perfect for a small family or as a rental property. Home 2: The second home is slightly larger, featuring 2 bedrooms and 2 bathrooms, also with around 1,100 square feet of living space. This home includes a spacious master suite with an ensuite bathroom, a well-appointed kitchen, a comfortable living area, and its own laundry hookups. Both homes share a generous yard, providing park

Last Agent to Sell the Property

William Chicas

Watson Realty License #01815714 Listed on: 08/19/2024

Co-Listed By

AJ Bhuee

Watson Realty License #01906247

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1941

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 2,214 Sq Ft Home
  • 1-Story Property

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11228406

Community Details

Overview

  • 2 Units
  • Highland Park Subdivision

Building Details

  • Gross Income $23,100
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1941
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1700
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2214.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat, Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: 2 units on one lot
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 11228406

Multi Family

  • Total Annual Expense: 1200.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 23100.00
  • Property Net Operating Income: 21900.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Mar 19, 2025
Sold by
Riboki Revocable Living Trust and Borjas Ricardo
Bought by
Reoku Oniki Revocable Living Trust and Borjas
Seller's Agent
William Chicas
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$325,000
Sold Price
$265,000
Premium/Discount to List
-$60,000
-18.46%
Views
114
Current Estimated Value
$270,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,779
Avg. Annual Appreciation
3.31%
Original Mortgage
$255,725
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2024
Closed on
Feb 7, 2025
Sold by
Karen V Ash Revocable Trust and Hedlund Lauren Annette
Bought by
Riboki Revocable Living Trust and Borjas
Seller's Agent
William Chicas
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$325,000
Sold Price
$265,000
Premium/Discount to List
-$60,000
-18.46%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,725
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Grant Deed $265,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,725 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $265,000 -18.5% $120 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $325,000 0.0% $147 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $325,000 -- $147 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

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 $3,392 $326,685 $50,979 $275,706
2024 $3,392 $127,711 $23,936 $103,775
2023 $3,264 $125,208 $23,467 $101,741
2022 $3,062 $122,754 $23,007 $99,747
2021 $2,886 $120,348 $22,556 $97,792
2020 $2,747 $119,115 $22,325 $96,790
2019 $2,712 $119,115 $22,325 $96,790
2018 $2,611 $114,492 $21,459 $93,033
2017 $2,581 $112,248 $21,039 $91,209
2016 $2,413 $110,048 $20,627 $89,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202408329

Bakersfield Association of REALTORS® / GEMLS

APN: 112-284-06-00-4