Ulices Melendez
Ulices B. Melendez, Broker
(661) 241-9624
136 Total Sales
1 in Downtown Bakersfield
$260,000 Price
--
Bed
--
Bath
3,212
Sq Ft
7,840
Sq Ft Lot
About This Home
As of June 20261316 H Street presents another exceptional central Bakersfield investment opportunity. Offered at $485,000, this attractive four-plex features four well-designed 1 bed/1 bath units generating $43,916 in gross annual rents, with continued upside potential. The property includes four one-car garages, providing added tenant convenience and additional rental appeal. Significant electrical improvements have already been made, with the panel upgraded to modern standards, offering peace of mind for ownership. Additionally, the plumbing and insulation have also been upgraded. Investors also have the rare opportunity to purchase this building together with the neighboring 1300 H Street, creating a strong eight-unit portfolio with scale, improved efficiencies, and long-term growth potential in a prime central location. The current rents range from $907 - $937.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Parking
- 4 Car Garage
Interior Spaces
- 3,212 Sq Ft Home
- 2-Story Property
- Heated Floors
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 7,840 Sq Ft Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 00641105
Community Details
Overview
- 4 Units
- Bakersfield Subdivision
Building Details
- Gross Income $43,916
- Net Operating Income $20,159
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2026
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 27, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Bakersfield, CA
-
Ulices Melendez
-
Bobby Chalhoub
Bobby Chalhoub
Broker X
(661) 490-9451
79 Total Sales
2 in Downtown Bakersfield
$600K - $1.1M Price Range
-
Erica Ruelas
Erica Ruelas
Elevate Realty
(661) 387-3710
73 Total Sales
1 in Downtown Bakersfield
$244,500 Price
-
Sam Reyna
Sam Reyna
Cal Pro Real Estate
(661) 370-2769
132 Total Sales
2 in Downtown Bakersfield
$135K - $140K Price Range
-
Justin Yim
Justin Yim
Uhler Mortgage Solutions Inc.
(747) 293-4589
100 Total Sales
2 in Downtown Bakersfield
$35K - $350K Price Range
-
Terri Garcia
Terri Garcia
New Generation Real Estate Gro
(661) 218-2187
98 Total Sales
1 in Downtown Bakersfield
$185,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $470,000 | Placer Title | |
| Interfamily Deed Transfer | -- | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $352,500 | New Conventional | |
| Previous Owner | $110,600 | Balloon | |
| Previous Owner | $130,000 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | Sold | $470,000 | -3.1% | $146 / Sq Ft |
| 03/20/2026 03/20/26 | Pending | -- | -- | -- |
| 03/05/2026 03/05/26 | For Sale | $485,000 | -- | $151 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,104 | $141,801 | $67,577 | $74,224 |
| 2025 | $3,104 | $139,021 | $66,252 | $72,769 |
| 2024 | $2,953 | $136,296 | $64,953 | $71,343 |
| 2023 | $2,953 | $133,625 | $63,680 | $69,945 |
| 2022 | $2,858 | $131,006 | $62,432 | $68,574 |
| 2021 | $2,606 | $128,438 | $61,208 | $67,230 |
| 2020 | $2,515 | $127,122 | $60,581 | $66,541 |
| 2019 | $2,483 | $127,122 | $60,581 | $66,541 |
| 2018 | $2,446 | $122,188 | $58,230 | $63,958 |
| 2017 | $2,441 | $119,793 | $57,089 | $62,704 |
| 2016 | $2,292 | $117,445 | $55,970 | $61,475 |
| 2015 | $2,275 | $115,682 | $55,130 | $60,552 |
| 2014 | $2,216 | $113,417 | $54,051 | $59,366 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Thurston
Seller's Agent in 2026
Marc Thurston
ASU Commercial
(661) 862-5454
4 in this area
93 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202602282
APN: 006-411-05-00-3
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. 2026.
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