$675,000
SOLD DEC 16, 2025
-- Bed
-- Bath
3,120 Sq Ft
7,840 Sq Ft Lot

Sale Details

Date Sold: December 16, 2025

$216 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of December 2025

Introducing 1914 16th Street, an exceptional value-add multifamily opportunity featuring seven units three 1-bed/1-bath units and four studios totaling approximately 3,120 sq. ft. Built in 1950, the property has benefited from recent capital improvements including new 40-year roofs on both buildings, fresh exterior paint, upgraded wrought iron and block fencing, and new windows in one updated unit, enhancing both appeal and durability. With rents ranging from $515 to $1,195 and an attractive price of only $99,857 per unit ($699,000 asking price), this asset offers strong upside potential in income growth. A rare, well-maintained investment with immediate value and future return opportunity.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 11/06/2025

Last Buyer's Agent

Alicia Angelini

Miramar International Calloway License #01805521

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Interior Spaces

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

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 $62,260
  • Net Operating Income $23,369

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,840 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1950
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • 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: Other

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 00409206

Multi Family

  • Total Annual Expense: 36400.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 7
  • Existing Lease Type: Net
  • Annual Gross Income: 62260.00
  • Property Net Operating Income: 23369.00

MLS Schools

  • Elementary School: Franklin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Dec 3, 2025
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Alicia Angelini
Miramar International Calloway
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
15

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 7, 2024
Sold by
Bought by
Seller's Agent
Eric Mora
The Mora Partners Inc.
Buyer's Agent
Eric Mora
The Mora Partners Inc.
List Price
$699,900
Sold Price
$625,000
Premium/Discount to List
-$74,900
-10.7%
Views
308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Aug 15, 2024
Sold by
Bought by
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $675,000 Placer Title
Grant Deed $625,000 Chicago Title
Grant Deed $450,000 Chicago Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2025 12/16/25 Sold $675,000 -3.4% $216 / Sq Ft
11/14/2025 11/14/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $699,000 +11.8% $224 / Sq Ft
12/06/2024 12/06/24 Sold $625,000 -10.7% $200 / Sq Ft View Prior Sale
10/25/2024 10/25/24 For Sale $699,900 -- $224 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,838 $625,000 $95,000 $530,000
2024 $3,838 $133,772 $48,886 $84,886
2023 $3,717 $131,150 $47,928 $83,222
2022 $3,581 $128,580 $46,989 $81,591
2021 $3,229 $126,060 $46,068 $79,992
2020 $3,102 $124,768 $45,596 $79,172
2019 $3,072 $124,768 $45,596 $79,172
2018 $3,035 $119,925 $43,826 $76,099
2017 $3,030 $117,574 $42,967 $74,607
2016 $3,897 $115,270 $42,125 $73,145
2015 $2,856 $113,540 $41,493 $72,047
2014 $2,787 $111,317 $40,681 $70,636
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202512443

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.