1316 E California Ave Bakersfield, CA 93307
East Bakersfield NeighborhoodEstimated payment $4,219/month
About This Home
Excellent Bakersfield 4-plex offering in Central/East Bakersfield with $5245/month rents, and a 10.3 GRM! Each unit is a 3 bedroom/1 bath unit with rents ranging from $1245 to $1350. Tenants all paying timely rents, and pay their own gas and electric bills. Still 10% upside on the rents to make your investment even sweeter! C and D units were remodeled just 2 years ago with granite countertops, fresh paint walls/cabinets, tile floors,appliances. Units have central air/heating, W/D hookups, dual-pane windows. Unit A possibly to make a move in April, gives buyer an opportunity to OWNER OCCUPY or pick a tenant of their choice, captivating a full market rent! Happy, clean tenants. Modern 100-Amp electric so no insurance issues. AC units are serviced every year-are believed to all be 10 years old or newer. The new roof is estimated at 2016 install. 3932 SF AS PER PUBLIC RECORD.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Parking
- 8 Car Parking Spaces
- Uncovered Parking
Schools
- Owens Elementary School
- Mira Monte High School
Additional Features
- 2-Story Property
- 8,712 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01736010
Community Details
Overview
- 4 Units
Building Details
- Gross Income $62,940
- Net Operating Income $38,501
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 | $9,792 | $634,644 | $104,040 | $530,604 |
| 2024 | $9,792 | $622,200 | $102,000 | $520,200 |
| 2023 | $9,580 | $610,000 | $100,000 | $510,000 |
| 2022 | $2,943 | $58,011 | $23,203 | $34,808 |
| 2021 | $2,591 | $56,875 | $22,749 | $34,126 |
| 2020 | $2,591 | $56,293 | $22,516 | $33,777 |
| 2019 | $2,417 | $56,293 | $22,516 | $33,777 |
| 2018 | $2,376 | $54,109 | $21,643 | $32,466 |
| 2017 | $2,348 | $53,049 | $21,219 | $31,830 |
| 2016 | $2,268 | $52,009 | $20,803 | $31,206 |
| 2015 | $2,232 | $51,229 | $20,491 | $30,738 |
| 2014 | $2,166 | $50,226 | $20,090 | $30,136 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $649,500 | 0.0% | -- | |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- | |
| 03/29/2025 03/29/25 | For Sale | $649,500 | +6.5% | -- | |
| 08/05/2022 08/05/22 | Sold | $610,000 | +5.2% | $155 / Sq Ft | View Prior Sale |
| 06/07/2022 06/07/22 | For Sale | $580,000 | +1083.7% | $148 / Sq Ft | |
| 11/09/2012 11/09/12 | Sold | $49,000 | -7.4% | $12 / Sq Ft | View Prior Sale |
| 10/10/2012 10/10/12 | Pending | -- | -- | -- | |
| 03/14/2012 03/14/12 | For Sale | $52,900 | -- | $13 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $610,000 | New Title Company Name | |
| Grant Deed | $50,000 | Lsi | |
| Trustee Deed | $140,250 | Accommodation | |
| Grant Deed | $335,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Corporate Deed | $45,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $488,000 | New Conventional | |
| Previous Owner | $301,500 | Purchase Money Mortgage |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202503584
APN: 017-360-10-00-6
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