$760,000
SOLD NOV 21, 2025
9 Beds
5 Baths
4,345 Sq Ft
0.28 Acres

Recently Sold

$175 Per Sq Ft

2% Below List Price

66 Days on Market

Highlights

  • Private Yard
  • Central Air
  • 1-Story Property
  • No HOA

About This Home

As of November 2025

This is a rare opportunity to secure a turnkey 4-unit investment property in the growing Bakersfield market. Whether you’re a first-time investor exploring residential financing or an experienced buyer completing a 1031 exchange, this property offers the flexibility, location, and income potential you’re looking for. The property features a desirable unit mix that attracts a wide tenant base: one spacious 3-bedroom, 2-bath unit perfect for families, and three well-appointed 2-bedroom, 1-bath units ideal for couples, small families, or working professionals as each teanant enjoys their own private fenced yard. Each unit is well-maintained, reducing upfront costs and making this a true plug-and-play investment with immediate rental income potential. Tenants will appreciate the property’s convenient location. It sits in a well-established Bakersfield neighborhood close to schools, shopping, dining, and public transportation—ensuring consistent rental demand. Just two blocks away, Sundale Country Club provides recreational amenities and golfing, enhancing the lifestyle value of the area. This combination of a strong location, stable tenant appeal, and turnkey condition makes the property a solid performer for both cash-flow investors and long-term holders. With its rare eligibility for residential financing, it’s also an excellent stepping stone for buyers looking to expand from single-family rentals into multi-unit ownership. In today’s competitive market, opportunities like this don’t last long. This Bakersfield 4-unit offers stability, convenience, and upside potential—everything an investor seeks in a quality income property.

Last Agent to Sell the Property

ANTHONY RODRIGUEZ

THE ASSOCIATES REALTY GROUP Brokerage Phone: 949-343-0202 License #01878752 Listed on: 08/27/2025

THE ASSOCIATES REALTY GROUP

Last Buyer's Agent

Jose Luis Alvarado

Coast Investment Realty License #01316242

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,345 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 3810
  • Assessor Parcel Number 35528007000
  • $2,469 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,020
  • Insurance Expense $3,250
  • Maintenance Expense $5,280
  • Pest Control $502
  • Trash Expense $255
  • Water Sewer Expense $644
  • Operating Expense $10,951
  • Gross Income $66,540
  • Net Operating Income $55,589

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • CapRate: 7.20
  • Property Attached: Yes
  • Water Sewer Expenses: 644.00
  • Zoning: R-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 35528007000
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 174.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Pest Control Expense: 502.00
  • Sewer: Public Sewer
  • Trash Expense: 255.00
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 12358.00
  • Lot Size Acres: 0.2837

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 66540.00
  • Gross Multiplier: 11.60
  • Gross Scheduled Income: 66540.00
  • Insurance Expense: 3250.00
  • Lot Size Area: 12358.0000 Square Feet
  • Maintenance Expense: 5280.00
  • Net Operating Income: 55589.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10951.00
  • Rent Control: No
  • Total Actual Rent: 5545.00
  • Total Expenses: 10951.00

Tax Info

  • Tax Census Tract: 28.17
  • Tax Lot: 7
  • Tax Tract Number: 3810
  • TaxOtherAnnualAssessmentAmount: 2469.00
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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 List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Sold $760,000 -1.9% $175 / Sq Ft
08/27/2025 08/27/25 For Sale $775,000 +58.5% $178 / Sq Ft
07/12/2018 07/12/18 Sold $489,000 -2.2% $113 / Sq Ft View Prior Sale
06/19/2018 06/19/18 For Sale $499,999 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,730 $697,068 $156,060 $541,008
2024 $10,730 $683,400 $153,000 $530,400
2023 $9,941 $619,038 $130,050 $488,988
2022 $9,534 $606,900 $127,500 $479,400
2021 $8,010 $503,946 $77,292 $426,654
2020 $7,834 $498,780 $76,500 $422,280
2019 $7,732 $498,780 $76,500 $422,280
2018 $4,640 $246,021 $38,942 $207,079
2017 $4,572 $241,198 $38,179 $203,019
2016 $4,340 $236,470 $37,431 $199,039
2015 $4,289 $232,919 $36,869 $196,050
2014 $4,181 $228,357 $36,147 $192,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25193102

California Regional Multiple Listing Service (CRMLS)

APN: 355-280-07-00-0