$490,000

Estimated payment $2,847/month

Total Views 376
5 Beds
3 Baths
1,948 Sq Ft
$252 Price per Sq Ft

Highlights

  • City Lights View
  • Traditional Architecture
  • Solar owned by seller
  • Two Story Ceilings
  • Granite Countertops
  • Living Room

About This Home

Investor opportunity in East Bakersfield: two detached buildings on one parcel, no shared walls, with income in place and clear upside. The front home is 1,204 sq. ft. over two stories a bright, open main level with a half bath, three spacious bedrooms and two full baths upstairs including one attached to the primary, plus an attached 1-car garage. It's leased at $1,500/month through March 2027, roughly $500 below current market rents, with meaningful upside at lease expiration. The back unit is 744 sq. ft., 2 bedrooms and 1 bath, delivered vacant so a new owner sets market rent from day one. Both units have paid-off solar, permanently reducing operating costs. Each unit is separately metered with PG&E. As recent construction, this property is exempt from California's statewide rent cap, full flexibility to reset rents to market. Two buildings, two tenancies, one parcel.

Listing Agent

Ashish Gupta

Side, Inc Brokerage Phone: 760-889-4502 License #02197681 Listed on: 08/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 3,920 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Formal Entry
  • Family Room
  • Living Room
  • Laundry Room

Kitchen

  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar owned by seller

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Tax Tract Number 141
  • Assessor Parcel Number 01515019008
  • $984 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $42,000
  • Net Operating Income $36,900

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

3,920 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 01515019008
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings, Two Story Ceilings, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 251.54
  • Room Type: Formal Entry, Laundry, All Bedrooms Up, Kitchen, Living Room, Family Room

Exterior Features

  • Foundation: Slab
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Ducts Professionally Air-Sealed, Stucco, Drywall Walls

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 36900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 1
  • Tax Lot: 8
  • Tax Tract Number: 0000141
  • TaxOtherAnnualAssessmentAmount: 984.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,894 $538,500
2025 $1,894 $545,300
2024 $1,947 $467,000
2023 $1,947 $487,200 $0 $0
2022 $2,425 $581,700 $0 $0
2021 $2,265 $444,100 $0 $0
2020 $2,078 $349,300 $0 $0
2019 $2,570 $337,600 $0 $0
2018 $2,193 $287,900 $0 $0
2017 $1,928 $256,300 $0 $0
2016 $872 $68,000 $0 $0
2015 -- $68,000 $0 $0
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 Prior Sale
08/18/2026 08/18/26 For Sale $490,000 -2.0% $252 / Sq Ft
07/07/2026 07/07/26 For Sale $500,000 +3.1% --
12/09/2024 12/09/24 Sold $485,000 -2.0% -- View Prior Sale
11/01/2024 11/01/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $495,000 -4.6% --
08/09/2024 08/09/24 For Sale $519,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26180866

California Regional Multiple Listing Service (CRMLS)

APN: 015-150-19-00-8

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