$625,000
SOLD DEC 6, 2024

1914 16th St Bakersfield, CA 93301

Riviera/Westchester Neighborhood
-- Bed
-- Bath
3,120 Sq Ft
7,840 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

11% Below List Price

42 Days on Market

About This Home

As of December 2024

Value-Add Opportunity 7-Unit Apartment Complex in Downtown Bakersfield. This 7-unit apartment complex, ideally situated in the heart of downtown Bakersfield, is surrounded by major employers and key businesses, making it an excellent opportunity for investors seeking a property with strong rental demand and value-add potential.

Last Agent to Sell the Property

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 10/25/2024

Last Buyer's Agent

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 10/25/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 7,840 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00409206

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $92,400
  • Net Operating Income $60,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Building Stories: 1
  • Deposit Amount Required: 6000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3120.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Other

Utilities

  • Heatcool: Evaporative

Schools

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

Lot Info

  • Zoning Description: 5-9 Unit Apartment Complex
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 00409206

Multi Family

  • Total Annual Expense: 32340.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 7
  • Existing Lease Type: Net
  • Annual Gross Income: 92400.00
  • Property Net Operating Income: 60060.00

MLS Schools

  • Elementary School: Franklin

Range of Values:

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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 Change Sq Ft Price
12/06/2024 12/06/24 Sold $625,000 -10.7% $200 / Sq Ft
10/25/2024 10/25/24 For Sale $699,900 -- $224 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Mora

    Seller's Agent in 2024

    Eric Mora

    The Mora Partners Inc.

    (661) 394-9905

    7 in this area

    582 Total Sales

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202410797

Bakersfield Association of REALTORS® / GEMLS

California Kern County Bakersfield 93301 Riviera/Westchester

1914 16th St, Bakersfield, CA

This home is located at 1914 16th St, Bakersfield, CA 93301 and is currently priced at $625,000, approximately $200 per square foot. This property was built in 1950. 1914 16th St is a home located in Kern County with nearby schools including Franklin Elementary School, Emerson Middle School, and Bakersfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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