$824,999

Estimated payment $4,588/month

Total Views 3,309
-- Bed
-- Bath
2,697 Sq Ft
$306 Price per Sq Ft

Highlights

  • Heated Floors
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Attention Investors! Don't miss out on this great opportunity at 1307 and 1311 Oregon. Total of 7 Units: 1307 Oregon (4 units), 1311 Oregon (3 units), Two APNs: 015-160-18-7 & 015-160-17-9, Lot Size: 11,325 sq ft., total Building Size: 4,534 sq ft. Recent Updates include exterior paint. These properties are full of potential for investors looking to add value or generate consistent rental income. The solid unit count and spacious lot size make it a great addition to any portfolio. For more information or to inquire, feel free to reach out!

Listing Agent

Diana Medina

Pinnacle Estate Properties, In License #01354735 Listed on: 08/03/2025

Pinnacle Estate Properties, In

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,697 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Williams Bak Elementary School
  • East High School

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01516018

Community Details

Overview

  • 7 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $74,220
  • Net Operating Income $53,086

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1963
  • Building Stories: 1
  • Deposit Amount Required: 15000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.1500
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2697.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat, Evaporative, Floor/Wall Heater

Schools

  • High School: East

Lot Info

  • Zoning Description: R3 & R2
  • Lot Size Sq Ft: 6534.00
  • Parcel #: 01516018

Multi Family

  • Total Annual Expense: 21134.00
  • Vacancy Factor: 14.00
  • Number Of Units Total: 7
  • Existing Lease Type: Net
  • Annual Gross Income: 74220.00
  • Property Net Operating Income: 53086.00

MLS Schools

  • Elementary School: Williams_Bak

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,338 $128,705 $18,382 $110,323
2024 $3,338 $126,182 $18,022 $108,160
2023 $3,248 $123,709 $17,669 $106,040
2022 $3,131 $121,284 $17,323 $103,961
2021 $2,857 $118,907 $16,984 $101,923
2020 $2,758 $117,688 $16,810 $100,878
2019 $2,706 $117,688 $16,810 $100,878
2018 $2,653 $113,119 $16,158 $96,961
2017 $2,630 $110,902 $15,842 $95,060
2016 $2,481 $108,729 $15,532 $93,197
2015 $2,453 $107,097 $15,299 $91,798
2014 $2,210 $90,000 $15,000 $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 Price Changed $824,999 -1.8% $306 / Sq Ft
08/03/2025 08/03/25 For Sale $840,000 -0.6% $311 / Sq Ft
06/09/2025 06/09/25 Price Changed $845,000 0.0% $313 / Sq Ft
06/09/2025 06/09/25 For Sale $845,000 +5.0% $313 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
03/06/2025 03/06/25 Price Changed $805,000 -2.4% $298 / Sq Ft
02/28/2025 02/28/25 Price Changed $825,000 -2.4% $306 / Sq Ft
02/16/2025 02/16/25 Price Changed $845,000 -0.6% $313 / Sq Ft
01/29/2025 01/29/25 For Sale $850,000 +233.3% $315 / Sq Ft
05/16/2014 05/16/14 Sold $255,000 -5.2% $139 / Sq Ft View Prior Sale
04/16/2014 04/16/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $269,000 -- $146 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- First American Title Company
Grant Deed $105,000 First American Title Company
Grant Deed $225,000 Ticor Title Company
Grant Deed $146,000 Ticor Title Company Of Ca
Deed In Lieu Of Foreclosure $130,000 Ticor Title Company Of Ca
Grant Deed $94,000 First American Title Company
Grant Deed $71,000 First American Title Company
Trustee Deed $165,750 Landsafe Title
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $309,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Grant Deed $200,000 Fidelity Title
Grant Deed $138,000 First American Title Co
Trustee Deed $136,742 First American Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,750 New Conventional
Previous Owner $142,000 Purchase Money Mortgage
Previous Owner $61,800 Stand Alone Second
Previous Owner $247,200 Fannie Mae Freddie Mac
Previous Owner $159,950 Purchase Money Mortgage
Previous Owner $122,950 Seller Take Back
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202508742

Bakersfield Association of REALTORS® / GEMLS

APN: 015-160-17-00-5