$250,000

Estimated payment $1,635/month

Total Views 5,382
-- Bed
-- Bath
870 Sq Ft
$287 Price per Sq Ft

About This Home

Rare investment opportunity. Less than 2 year old permitted garage conversion has two rooms (19'4 x 8'6 each) plus a oversized bathroom with 2 stalls, 2 sinks, and a tub/shower. Original house in front is 2 bedroom & 1 bathroom with indoor laundry. Some remodeling in the last two years like flooring and paint. Add to that a large 11'x10.5' basement. There are currently 4 good paying tenants all at $600-$650/month (Total monthly rent of $2,550! with 2-3 rooms available now) All on an oversized 8,276 sqf lot w/alley access.

Listing Agent

Larry Burkey

Keller Williams Realty Kern License #01468764 Listed on: 06/19/2025

Keller Williams Realty Kern

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1939

Parking

  • Uncovered Parking

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00000113

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $39,000
  • Net Operating Income $23,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,371

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1939
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Other
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 870.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 00000113

Multi Family

  • Total Annual Expense: 15516.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 39000.00
  • Property Net Operating Income: 23484.00

Map

Range of Values:

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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
2021 $1,371 $47,690 $23,845 $23,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $250,000 +96.1% $287 / Sq Ft
06/24/2022 06/24/22 Sold $127,500 -12.1% $147 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/22/2021 05/22/21 For Sale $144,990 -- $167 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202506977

Bakersfield Association of REALTORS® / GEMLS

APN: 113-073-14-00-6