Seller's Agent in 2025
Eric Mora
The Mora Partners Inc.
(661) 463-8186
28 in this area
544 Total Sales
1716 3rd St Bakersfield, CA 93304
Oleander-Sunset Neighborhood
5
Beds
3
Baths
2,400
Sq Ft
6,793
Sq Ft Lot
About This Home
As of June 2025Discover 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. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living
space over time. 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 renovate and maximize rental income.
Last Agent to Sell the Property
The Mora Partners Inc. Brokerage Phone: 661-463-8186 License #01820381 Listed on: 11/20/2024
Last Buyer's Agent
The Mora Partners Inc. Brokerage Phone: 661-463-8186 License #01820381 Listed on: 11/20/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 6,793 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,400 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Legal Lot and Block 14 / 1
- Assessor Parcel Number 00831213008
- $2,043 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gross Income $43,200
- Net Operating Income $30,240
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
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
0.21%
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
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
Average Home Value in this Area
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2025 06/17/25 | Sold | $300,000 | -20.0% | $167 / Sq Ft | View Prior Sale |
| 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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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
-
Eric Mora
-
Alejandro Mora
A
Buyer's Agent in 2025
Alejandro Mora
The Mora Partners Inc.
(661) 204-8663
10 in this area
110 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24237877
APN: 008-312-13-00-8
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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