$647,500
SOLD OCT 24, 2025
-- Bed
-- Bath
5,160 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

7% Below List Price

11 Days on Market

About This Home

As of October 2025

We are pleased to exclusively present the opportunity to acquire 1840 Quincy Street, a well-positioned 7-unit multifamily community located in East Bakersfield. This asset is part of a larger portfolio but is available individually, offering flexibility to both seasoned and entry-level investors. The property features six (6) two (2) bedroom, one (1) bathroom units and one (1) one (1) bedroom, one (1) bathroom unit, thoughtfully designed broad tenant appeal. Significant upside remains through the continued stabilization of rents and unit turnover, as current in-place rents trail market averages. Strategically located near The location offers unmatched convenience, with proximity to Bakersfield College (30,000 students), regional healthcare employers, and transportation corridors connecting to Downtown Bakersfield and the northeast industrial hub.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 09/18/2025

Last Buyer's Agent

Esteban Contreras

Watson Realty License #01975384 Listed on: 09/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • Uncovered Parking

Interior Spaces

  • 5,160 Sq Ft Home
  • 2-Story Property

Schools

  • Mann Elementary School
  • Compton Middle School
  • East High School

Additional Features

  • 6,969 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 13803110

Community Details

Overview

  • 7 Units
  • Pacific Improvement Companys S Subdivision

Building Details

  • Gross Income $79,500
  • Net Operating Income $47,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1960
  • Building Stories: 2
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.1600
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 5160.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

  • High School: East
  • Middle Or Junior School: Compton

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 6969.00
  • Parcel #: 13803110

Multi Family

  • Total Annual Expense: 31800.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 7
  • Existing Lease Type: Net
  • Annual Gross Income: 79500.00
  • Property Net Operating Income: 47700.00

MLS Schools

  • Elementary School: Mann, Horace

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Sold $647,500 -6.8% $125 / Sq Ft
09/29/2025 09/29/25 Pending -- -- --
09/18/2025 09/18/25 For Sale $694,999 -- $135 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202510676

Bakersfield Association of REALTORS® / GEMLS