Seller's Agent in 2025
Esteban Contreras
Watson Realty
(661) 617-0074
2 in this area
138 Total Sales
Estimated Value: $538,000 - $595,099
1
Bed
1
Bath
2,400
Sq Ft
$241/Sq Ft
Est. Value
About This Home
As of July 2025We are pleased to present 2117 G Street, a beautifully upgraded 4-unit multifamily property located in the heart of Downtown Bakersfield, just blocks from the historic Fox Theatre and the vibrant Padre Hotel. This asset features four spacious 1-bedroom, 1-bathroom units, three of which have already been remodeled with modern interior finishes, along with plumbing and electrical upgrades. The property benefits from strong in-place cash flow, supported by recent capital improvements and increasing renter demand in this central Bakersfield location. With much of the heavy lifting already done, 2117 G offers a plug-and-play path to full stabilization and increased rental income, leaving only minimal effort for the final unit to be turned. Whether you're a seasoned investor or looking to enter the multifamily space with a low-maintenance, high-upside property, this is a rare opportunity to acquire a turnkey asset in a growing rental market.
Last Agent to Sell the Property
Watson Realty License #01975384 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 6,098
Interior Spaces
- 2,400 Sq Ft Home
- 1-Story Property
Schools
- Franklin Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 6,098 Sq Ft Lot
- Central Air
Listing and Financial Details
- Assessor Parcel Number 00322207
Community Details
Overview
- 4 Units
- Bakersfield Subdivision
Building Details
- Gross Income $57,654
- Net Operating Income $36,350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
Jun 5, 2025
Sold by
G Street Twelve Llc
Bought by
Pinnacle Properties Ca Llc
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Bobby Chalhoub
Broker X
List Price
$649,999
Sold Price
$600,000
Premium/Discount to List
-$49,999
-7.69%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,725
Avg. Annual Appreciation
-3.96%
Original Mortgage
$1,622,150
Outstanding Balance
$1,609,441
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$1,030,166
Purchase Details
Closed on
Apr 7, 2023
Sold by
G Street Twelve Llc
Bought by
G Street Twelve Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 22, 2020
Closed on
Apr 19, 2021
Sold by
Giesie Morgan A and Locascio Charles A
Bought by
G Street Twelve Llc
Seller's Agent
Arely Kuehl
Right Here Realty Inc
Buyer's Agent
Arely Kuehl
Right Here Realty Inc
List Price
$400,000
Sold Price
$280,000
Premium/Discount to List
-$120,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Purchase Details
Closed on
Oct 22, 2020
Sold by
Schwartz Neil and Carlson Alissa
Bought by
Giesie Morgan A and Locascio Charles A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2018
Sold by
Schwartz Neil E
Bought by
Schwartz Neil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 25, 2013
Closed on
Sep 24, 2013
Sold by
Yarger Ransom H and Yarger Lavenia Kay
Bought by
Schwartz Neil E
Seller's Agent
Alyssa Knight
Keller Williams Realty
Buyer's Agent
Arely Kuehl
Right Here Realty Inc
List Price
$213,500
Sold Price
$213,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$149,450
Interest Rate
4.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2005
Sold by
Yarger Ransom and Ransom Yarger Trust
Bought by
Yarger Ransom H and Yarger Lavenia Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 1998
Sold by
Yarger Ransom Tr
Bought by
Yarger Ransom and The Ransom Yarger Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.9%
Purchase Details
Closed on
Jul 27, 1998
Sold by
Yarger Ransom and Yarger Lavenia K
Bought by
Yarger Ransom
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.9%
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pinnacle Properties Ca Llc | $600,000 | First American Title | |
| G Street Twelve Llc | -- | California Best Title | |
| G Street Twelve Llc | -- | None Available | |
| Giesie Morgan A | $280,000 | Placer Title Company | |
| Schwartz Neil | -- | Old Republic Title Co | |
| Schwartz Neil E | $213,500 | Placer Title Company | |
| Yarger Ransom H | -- | Alliance Title | |
| Yarger Ransom | -- | -- | |
| Yarger Ransom | -- | -- | |
| Yarger Ransom | -- | First 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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pinnacle Properties Ca Llc | $1,622,150 | |
| Previous Owner | G Street Twelve Llc | $950,000 | |
| Previous Owner | Giesie Morgan A | $210,000 | |
| Previous Owner | Schwartz Neil | $220,000 | |
| Previous Owner | Schwartz Neil E | $149,450 | |
| Previous Owner | Yarger Ransom H | $269,500 | |
| Previous Owner | Yarger Ransom | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $600,000 | -7.7% | $250 / Sq Ft | |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- | |
| 04/10/2025 04/10/25 | For Sale | $649,999 | 0.0% | $271 / Sq Ft | |
| 11/19/2022 11/19/22 | Rented | $1,250 | 0.0% | -- | |
| 10/21/2022 10/21/22 | For Rent | $1,250 | 0.0% | -- | |
| 04/07/2021 04/07/21 | Sold | $280,000 | -30.0% | $117 / Sq Ft | View Prior Sale |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- | |
| 07/22/2020 07/22/20 | For Sale | $400,000 | +87.4% | $167 / Sq Ft | |
| 11/18/2013 11/18/13 | Sold | $213,500 | 0.0% | $89 / Sq Ft | View Prior Sale |
| 10/19/2013 10/19/13 | Pending | -- | -- | -- | |
| 04/25/2013 04/25/13 | For Sale | $213,500 | -- | $89 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
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 | $5,967 | $303,079 | $54,121 | $248,958 |
| 2024 | $5,967 | $297,137 | $53,060 | $244,077 |
| 2023 | $5,821 | $291,312 | $52,020 | $239,292 |
| 2022 | $5,644 | $285,600 | $51,000 | $234,600 |
| 2021 | $4,813 | $242,349 | $60,018 | $182,331 |
| 2020 | $4,679 | $239,865 | $59,403 | $180,462 |
| 2019 | $4,589 | $239,865 | $59,403 | $180,462 |
| 2018 | $4,494 | $230,553 | $57,098 | $173,455 |
| 2017 | $4,459 | $226,033 | $55,979 | $170,054 |
| 2016 | $4,164 | $221,602 | $54,882 | $166,720 |
| 2015 | $4,125 | $218,274 | $54,058 | $164,216 |
| 2014 | $3,996 | $214,000 | $53,000 | $161,000 |
Source: Public Records
Agents Affiliated with this Home
-
Esteban Contreras
-
Bobby Chalhoub
Buyer's Agent in 2025
Bobby Chalhoub
Broker X
(661) 487-1262
2 in this area
80 Total Sales
-
Greg Foster
Seller's Agent in 2022
Greg Foster
Skymark Real Estate Group
(949) 438-1258
16 Total Sales
-
N
Buyer's Agent in 2022
NONE NONE
None MRML
-
Arely Kuehl
Seller's Agent in 2021
Arely Kuehl
Right Here Realty Inc
(661) 231-0934
83 Total Sales
-
A
Seller's Agent in 2013
Alyssa Knight
Keller Williams Realty
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202504063
APN: 003-222-07-00-0
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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