$300,000
SOLD JUN 17, 2025
-- Bed
-- Bath
1,800 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

25% Below List Price

177 Days on Market

About This Home

As of June 2025

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area-this unit is turn-key ready. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to maximize rental income.

Last Agent to Sell the Property

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 11/20/2024

Last Buyer's Agent

Alejandro Mora

The Mora Partners Inc. License #01820381

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Schools

  • Roosevelt Bak Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 6,969 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00831213

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $43,200
  • Net Operating Income $30,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1600
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1800.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 6969.00
  • Parcel #: 00831213

Multi Family

  • Total Annual Expense: 12960.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 43200.00
  • Property Net Operating Income: 30240.00

MLS Schools

  • Elementary School: Roosevelt_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jun 2, 2025
Sold by
Sbe Lp
Bought by
Prodigious Properties Llc
Seller's Agent
Eric Mora
The Mora Partners Inc.
Buyer's Agent
Alejandro Mora
The Mora Partners Inc.
List Price
$400,000
Sold Price
$300,000
Premium/Discount to List
-$100,000
-25%
Views
1901
Current Estimated Value
$300,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331
Avg. Annual Appreciation
0.23%
Original Mortgage
$225,000
Outstanding Balance
$224,417
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$75,914

Purchase Details

Closed on
Jul 9, 2024
Sold by
Johnson Harolyn L
Bought by
Sbe Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $300,000 Chicago Title Company
Grant Deed $225,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 Sold $300,000 -20.0% $167 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $375,000 -3.8% $208 / Sq Ft
03/21/2025 03/21/25 Price Changed $389,900 -2.5% $217 / Sq Ft
11/20/2024 11/20/24 For Sale $400,000 -- $222 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

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 $3,393 $225,000 $60,000 $165,000
2024 $3,393 $108,989 $12,539 $96,450
2023 $3,304 $106,853 $12,294 $94,559
2022 $3,178 $104,758 $12,053 $92,705
2021 $2,930 $102,705 $11,817 $90,888
2020 $2,843 $101,653 $11,696 $89,957
2019 $2,788 $101,653 $11,696 $89,957
2018 $2,733 $97,708 $11,243 $86,465
2017 $2,704 $95,793 $11,023 $84,770
2016 $2,571 $93,915 $10,807 $83,108
2015 $2,534 $92,505 $10,645 $81,860
2014 $2,452 $90,694 $10,437 $80,257
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411925

Bakersfield Association of REALTORS® / GEMLS

APN: 008-312-13-00-8