$649,500

Estimated payment $4,276/month

Total Views 3,932
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 03/29/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,792

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,792

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1986
  • Building Stories: 2
  • Deposit Amount Required: 7000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.2000
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Mira Monte

Lot Info

  • Zoning Description: C-2
  • Lot Size Sq Ft: 8712.00
  • Parcel #: 01736010

Multi Family

  • Total Annual Expense: 24439.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 62940.00
  • Property Net Operating Income: 38501.00

MLS Schools

  • Elementary School: Owens, B. E.

Map

Range of Values:

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Average Value
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List 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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
10/10/2012 10/10/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $52,900 -- $13 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $488,000 New Conventional
Previous Owner $301,500 Purchase Money Mortgage
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202503584

Bakersfield Association of REALTORS® / GEMLS

APN: 017-360-10-00-6