$429,900

Estimated payment $2,804/month

Total Views 4,042
-- Bed
-- Bath
2,768 Sq Ft
$155 Price per Sq Ft

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property
  • 0.57 Acre Lot

About This Home

Excellent opportunity to utilize this property for its maximum reward for your client. These 3 homes with individual utilities, yes including separate water meters, can continue to rent out OR a savvy investor might decide to develop this over half acre parcel to its full potential. Can build up to 16 units, buyer to conduct its own investigation with the building dept! Each of the homes have be reroofed within the last 3 years!

Listing Agent

Steve Rangel

MRM and Associates, Realtors License #01356820 Listed on: 06/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Interior Spaces

  • 2,768 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Schools

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

Additional Features

  • 0.57 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13829004

Community Details

Overview

  • 3 Units
  • Pacific Improv Cos Sub Subdivision

Building Details

  • Gross Income $30,900
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1929
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.5700
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2768.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: High density zoning allows for up to 16 units. Buyer to verify with building dept
  • Lot Size Sq Ft: 24829.00
  • Parcel #: 13829004

Multi Family

  • Total Annual Expense: 2400.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 30900.00
  • Property Net Operating Income: 28500.00

MLS Schools

  • Elementary School: Mann, Horace

Map

Range of Values:

Collateral Analytics

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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
06/25/2025 06/25/25 Price Changed $429,900 0.0% $155 / Sq Ft
06/13/2025 06/13/25 For Sale $429,900 -99.9% $155 / Sq Ft
06/13/2025 06/13/25 For Sale $429,900,000 +203644.1% $155,311 / Sq Ft
06/26/2015 06/26/15 Sold $211,000 0.0% $293 / Sq Ft
06/26/2015 06/26/15 Sold $211,000 -7.9% $293 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
06/24/2015 06/24/15 Pending -- -- --
09/30/2014 09/30/14 For Sale $229,000 -- $318 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202506664

Bakersfield Association of REALTORS® / GEMLS

APN: 138-290-04