$325,000
PENDING

Estimated payment $1,821/month

Total Views 872,231
-- Bed
-- Bath
1,564 Sq Ft
$208 Price per Sq Ft

About This Home

Charming 3-Unit Value-Add Investment Opportunity in Bakersfield, CA! Discover this rare opportunity to own a 3-unit property in the heart of Bakersfield. This value-add investment offers excellent potential for increased rental income and long-term appreciation. With separately metered gas and electricity, this property provides both flexibility and efficiency for tenants and landlords alike.

Listing Agent

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 11/21/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 00831216

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $42,600
  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1948
  • Building Stories: 1
  • Deposit Amount Required: 3250.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1564.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 1
  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00831216

Multi Family

  • Total Annual Expense: 30.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 42600.00
  • Property Net Operating Income: 42600.00

MLS Schools

  • Elementary School: Roosevelt_Bak

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
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
2025 $1,775 $200,000 $55,000 $145,000
2024 $1,723 $45,775 $12,539 $33,236
2023 $1,723 $44,879 $12,294 $32,585
2022 $1,651 $44,000 $12,053 $31,947
2021 $1,473 $43,138 $11,817 $31,321
2020 $1,408 $42,696 $11,696 $31,000
2019 $1,382 $42,696 $11,696 $31,000
2018 $2,484 $41,041 $11,243 $29,798
2017 $1,343 $40,237 $11,023 $29,214
2016 $1,286 $39,449 $10,807 $28,642
2015 $1,267 $38,857 $10,645 $28,212
2014 $1,229 $38,097 $10,437 $27,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 For Rent $1,600 0.0% --
01/30/2026 01/30/26 Sold $255,000 -12.0% $163 / Sq Ft View Prior Sale
12/11/2025 12/11/25 Pending -- -- --
12/02/2025 12/02/25 Price Changed $289,900 -8.0% $185 / Sq Ft
11/11/2025 11/11/25 Price Changed $315,000 -3.1% $201 / Sq Ft
09/05/2025 09/05/25 For Sale $325,000 -- $208 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $255,000 Chicago Title Company
Grant Deed $200,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,250 New Conventional
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411747

Bakersfield Association of REALTORS® / GEMLS

APN: 008-312-16-00-7

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