$425,000
SOLD MAR 27, 2025
3 Beds
3 Baths
2,214 Sq Ft
6,937 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

19 Days on Market

Highlights

  • Corner Lot
  • Attached Carport
  • 1-Story Property
  • Laundry Room
  • Front Yard

About This Home

As of March 2025

Prime Investment Opportunity – Income-Generating Duplex! Discover this well-maintained duplex, a fantastic opportunity for investors or first-time homebuyers looking to build wealth through real estate. This property offers steady rental income and can be purchased alone or together with the adjacent duplex at 2117 1/2 Bedford Way, Bakersfield, CA for even greater investment potential.

The first unit features 2 bedrooms, 1 bathroom, and a 1-car garage, providing comfortable living space. The second unit, located above the garage, offers 1 bedroom and 1 bathroom, ideal for maximizing rental income. Each unit enjoys generous yard space and a dedicated laundry area, adding convenience and appeal to tenants. Don’t miss this incredible chance to own a versatile, income-producing property. Act now—opportunities like this don’t last long!

Last Agent to Sell the Property

Rene Jimenez

ARREBA Brokerage Phone: 909-561-1654 License #01511975 Listed on: 01/30/2025

Last Buyer's Agent

Iliana Kessler

Downtown, REALTORS License #01942945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,615

Year Built

  • Built in 1948

Lot Details

  • 6,937 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 2,214 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 135
  • Tax Tract Number 1364
  • Assessor Parcel Number 11805313002
  • $1,766 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,140
  • Fuel Expense $550
  • Insurance Expense $2,400
  • Trash Expense $550
  • Water Sewer Expense $1,500
  • Operating Expense $18,935
  • Gross Income $30,540
  • Net Operating Income $18,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,615

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 212500
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 11805313002
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 191.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Unknown
  • Trash Expense: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 6937.00
  • Lot Size Acres: 0.1593

Multi Family

  • Electric Expense: 1140.00
  • Fuel Expense: 550.00
  • Gross Income: 30540.00
  • Gross Scheduled Income: 30540.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6937.0000 Square Feet
  • Net Operating Income: 18935.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11605.20
  • Rent Control: No
  • Total Expenses: 18935.00

Tax Info

  • Tax Census Tract: 1.02
  • Tax Lot: 135
  • Tax Tract Number: 1364
  • TaxOtherAnnualAssessmentAmount: 1766.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 27, 2025
Sold by
Gonzalez Juan Rivas
Bought by
Jose Elin Lopez Living Trust and Lopez
Seller's Agent
Rene Jimenez
ARREBA
Buyer's Agent
Iliana Kessler
Downtown, REALTORS
List Price
$425,000
Sold Price
$425,000
Views
1147
Current Estimated Value
$421,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,352
Avg. Annual Appreciation
-2.52%

Purchase Details

Closed on
Dec 26, 2007
Sold by
Webb Michael J
Bought by
Webb Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Bakersfield, CA

  • 130 8th St, Bakersfield, CA 93304

    $395,000

    • 6 Beds
    • 4 Baths
    • 2,187 Sq Ft
    • 130 8th St
    • Bakersfield, CA

    This spacious duplex (2,187 sf) in downtown Bakersfield (built in 2008) is in very good condition with LVP flooring and newer looking interior paint. Each unit has three bedrooms and one bathroom. The kitchens and bathrooms are in good shape and there are interior laundry hookups. This is a great investment opportunity.

    William Gordon Watson Realty

    Section Image
  • 517 Lincoln Ave, Bakersfield, CA 93308

    $450,000

    • 6 Beds
    • 3 Baths
    • 2,624 Sq Ft
    • 517 Lincoln Ave
    • Bakersfield, CA

    Great updated 3 units TRIPLEX property for sale. Great conditions & great income. Plenty of parking spaces on site at back of Triplex (off street parking). Laundry hook up inside each unit. All of 3 units are 2 bedrooms and 1 bath. Currently 2 units are rented for $1,200 per month each. Owner paid for water & trash approximately $87 per month. Tenants pay for their gas & electrical bills. **

    Jennifer Padich 8020 Max, Inc.

    Section Image
  • 106 Moneta Ave, Bakersfield, CA 93308

    $399,000

    • 5 Beds
    • 3 Baths
    • 1,996 Sq Ft
    • 106 Moneta Ave
    • Bakersfield, CA

    Welcome to 106 & 1061⁄2 Moneta Avenue, a move-in-ready, fully remodeled four-bedroom, two-bath main residence paired with a chic one-bedroom ADU and an incredible, oversized garage/workshop that feels straight out of a high-end auto shop. Imagine living and launching your business on the same lot—no more offsite storage fees or cramped home offices—thanks to soaring ceilings, abundant natural

    Yiluarde Pacheco Pellego, Inc

    Section Image
  • 1026 Flower St, Bakersfield, CA 93305

    $386,000

    • 6 Beds
    • 3 Baths
    • 2,108 Sq Ft
    • 1026 Flower St
    • Bakersfield, CA

    Don't miss out on this fantastic triplex opportunity! Live in one unit while generating income from the other two, or rent out all three units for a fully leased property. Each unit features 2 bedrooms and 1 bathroom. This is the perfect investment for steady cash flow and long-term value. Come take a tour today!

    Diana Medina Pinnacle Estate Properties, Inc.

    Section Image
  • 4200 Boise St Unit 3B, Bakersfield, CA 93306

    $370,000

    • 3 Beds
    • 2.5 Baths
    • 2,085 Sq Ft
    • 4200 Boise St
    • Unit 3B
    • Bakersfield, CA

    Park Place- an private community at 4200 Boise St, Unit 3B. This stunning three-level condo offers privacy, New carpets, modern conveniences, and breathtaking, panoramic bluff views showcased through expansive floor-to-ceiling windows. Solar is negotiable of payoff. Thoughtfully designed for versatility and comfort: Lower Level: Featuring a private entrance and garage access, complete with its

    Linda Parks Realty Concepts Ltd

    Section Image
  • 1525 Oregon St, Bakersfield, CA 93305

    $335,000

    • 3 Beds
    • 3 Baths
    • 1,460 Sq Ft
    • 1525 Oregon St
    • Bakersfield, CA

    Perfect property for first time investor or someone looking to add anther investment property to their portfolio. Duplex in the front with one bedroom one bath each and back house is one bedroom one bath with it's own separate yard and entrance. There is also a double car garge that can be turned into an ADU for more income and plenty of room to add more additional rooms to back house. Owner has

    Raymond Espinoza Berkshire Hathaway H.S.C.P.

    Section Image
  • 509 King St, Bakersfield, CA 93305

    $350,000

    • 6 Beds
    • 3 Baths
    • 1,630 Sq Ft
    • 509 King St
    • Bakersfield, CA

    Welcome to this charming home located in the vibrant city of Bakersfield. Spanning 1,630 square feet, this residence offers a well-designed layout that includes a spacious kitchen, perfect for culinary enthusiasts. The home is equipped with Central AC to keep you comfortable year-round, and gas heating for those cooler months. A security gate provides an added layer of safety, giving you peace

    Ignacio Valencia Pacific Homes & Loans

    Section Image
  • 923 Eureka St, Bakersfield, CA 93305

    $395,000

    • 6 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 923 Eureka St
    • Bakersfield, CA

    Exceptional Investment Opportunity in the Northeast! This well-maintained duplex features two units, each offering 3 bedrooms and 2 baths. Both units showcase durable tile flooring throughout for effortless upkeep, granite countertops, and rich dark wood cabinetry that adds a touch of elegance and warmth. Comfort is a priority with HVAC systems recently replaced—Unit A approximately 3 years ago

    Laurie McCarty Coldwell Banker Preferred Realtors

    Section Image
  • 1917 Pacific St, Bakersfield, CA 93305

    $329,900

    • 5 Beds
    • 3 Baths
    • 2,309 Sq Ft
    • 1917 Pacific St
    • Bakersfield, CA

    Opportunity abounds with these 3 units on a large lot triplex available to add to your portfolio.. Long term tenants currently residing on the property The choice is yours. You can choose between collecting from a money making triplex, or develop this parcel by utilizing its zoning to the best ability. # bedroom 1 bath house with its own yard and water meter, and a duplex in the rear with

    Steve Rangel MRM & Associates, REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Type Sale Price Title Company
Grant Deed $425,000 Lawyers Title
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $425,000 0.0% $192 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $425,000 +41.7% $192 / Sq Ft
03/09/2022 03/09/22 Sold $300,000 0.0% $136 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
06/09/2021 06/09/21 For Sale $300,000 +71.4% $136 / Sq Ft
11/30/2017 11/30/17 Sold $175,000 -7.9% $189 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $190,000 -- $206 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $5,615 $312,120 $41,616 $270,504
2023 $5,427 $306,000 $40,800 $265,200
2022 $3,850 $187,633 $32,165 $155,468
2021 $3,675 $183,955 $31,535 $152,420
2020 $3,675 $182,070 $31,212 $150,858
2019 $3,474 $182,070 $31,212 $150,858
2018 $3,346 $175,000 $30,000 $145,000
2017 $2,976 $144,000 $30,000 $114,000
2016 $2,800 $144,000 $35,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25022693

California Regional Multiple Listing Service (CRMLS)

APN: 118-053-13-00-2