$1,500,000

1916 Hasti Acres Dr Bakersfield, CA 93309

Southwest Bakersfield Neighborhood

Estimated payment $8,790/month

Total Views 5,296
-- Bed
-- Bath
3,216 Sq Ft
$466 Price per Sq Ft

About This Home

Discover a prime value-add multifamily opportunity at 1912-1916 Hasti Acres Drive, a well-maintained 8 unit property located in a strong rental market of Bakersfield. Each of the eight units features 2 bedrooms and 1 bathroom, along with its own private 1-car garage, offering tenants both comfort and convenience. This property presents a significant upside potential for investorscurrent rents are below market, allowing for substantial income growth through strategic renovations or market rent adjustments. Situated in a desirable neighborhood with consistent rental demand, this asset offers long-term appreciation potential. Perfect for the savvy investor looking to unlock hidden value and maximize returns.

Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 02/11/2026

Co-Listing Agent

Robin Hundal

Central Valley Property Adviso License #02155399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Parking

  • 8 Car Parking Spaces

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property

Schools

  • Stine Elementary School
  • Thompson Middle School
  • West High School

Additional Features

  • 18,626 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 44021304

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $78,300
  • Net Operating Income $50,895

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.43 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1973
  • Building Stories: 2
  • Deposit Amount Required: 15000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.4276
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3216.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 18626.00
  • Parcel #: 44021304

Multi Family

  • Total Annual Expense: 27405.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 8
  • Existing Lease Type: Net
  • Annual Gross Income: 78300.00
  • Property Net Operating Income: 50895.00

MLS Schools

  • Elementary School: Stine

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $6,631 $322,954 $57,921 $265,033
2024 $6,347 $316,623 $56,786 $259,837
2023 $6,347 $310,416 $55,673 $254,743
2022 $6,070 $304,331 $54,582 $249,749
2021 $5,683 $298,364 $53,512 $244,852
2020 $5,526 $295,306 $52,964 $242,342
2019 $5,453 $295,306 $52,964 $242,342
2018 $5,249 $283,841 $50,908 $232,933
2017 $5,175 $278,276 $49,910 $228,366
2016 $4,909 $272,821 $48,932 $223,889
2015 $4,852 $268,723 $48,197 $220,526
2014 $4,376 $232,000 $40,000 $192,000
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
02/11/2026 02/11/26 For Sale $1,500,000 -- $466 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- American Title
Grant Deed $223,000 American Title
Grant Deed $133,000 American Title Co
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $4,280,000 Commercial
Closed $178,400 No Value Available
Previous Owner $83,500 Stand Alone First
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202601562

Bakersfield Association of REALTORS® / GEMLS

APN: 440-213-05-00-5

California Kern County Bakersfield 93309 Southwest Bakersfield

1916 Hasti Acres Dr, Bakersfield, CA

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. 2026.

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