$649,000
$76K PRICE DROP

Estimated payment $4,233/month

Total Views 4,646
2 Beds
1 Bath
3,400 Sq Ft
$191 Price per Sq Ft

About This Home

Four units building centrally located close to all amenities the city of Bakersfield have to offer. All units are two story two bedrooms one bathroom each. Three units have been rehab and one unit requires cosmetic repairs, exterior of the building was also remodeled and painted.

Listing Agent

Gilbert Ayala

Gilbert Realty and Loans Brokerage Phone: 562-805-9143 License #00936307 Listed on: 02/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1982

Lot Details

  • 7,532 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Parking Available
  • Private Parking

Listing and Financial Details

  • Legal Lot and Block 5 / 45
  • Tax Tract Number 14
  • Assessor Parcel Number 01418004006
  • $2,470 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $180
  • Insurance Expense $2,028
  • Trash Expense $258
  • Water Sewer Expense $1,550
  • Operating Expense $4,016
  • Net Operating Income $57,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,480

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Price Per Unit: 162250
  • Property Attached: Yes
  • Water Sewer Expenses: 1550.00
  • Zoning: M-1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 01418004006
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Street
  • Common Walls: 1 Common Wall, No One Below
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 190.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Private
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 258.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7532.00
  • Lot Size Acres: 0.1729

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Electric Expense: 180.00
  • Insurance Expense: 2028.00
  • Lot Size Area: 7532.0000 Square Feet
  • Net Operating Income: 57591.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1988.00
  • Operating Expense Percent: 5.00
  • Rent Control: Yes
  • Total Expenses: 4016.00

Tax Info

  • Tax Block: 45
  • Tax Census Tract: 13.02
  • Tax Lot: 5
  • Tax Tract Number: 014
  • TaxOtherAnnualAssessmentAmount: 2470.00

Map

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

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
2021 $5,480 $298,056 $50,518 $247,538
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $649,000 -2.7% $191 / Sq Ft
06/20/2025 06/20/25 Price Changed $667,000 -1.0% $196 / Sq Ft
06/04/2025 06/04/25 Price Changed $674,000 -2.2% $198 / Sq Ft
05/14/2025 05/14/25 Price Changed $689,000 -1.4% $203 / Sq Ft
03/27/2025 03/27/25 Price Changed $699,000 -3.6% $206 / Sq Ft
02/22/2025 02/22/25 For Sale $725,000 +39.4% $213 / Sq Ft
08/08/2024 08/08/24 Sold $520,000 0.0% $153 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $520,000 +76.3% $153 / Sq Ft
08/29/2019 08/29/19 Sold $295,000 +1.7% $87 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $290,000 -- $85 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Homes in Bakersfield, CA

  • 1102 Gage St, Bakersfield, CA 93305

    $640,000

    • 9 Beds
    • 3 Baths
    • 3,800 Sq Ft
    • 1102 Gage St
    • Bakersfield, CA

    A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit,

    Eric Van Denk Central Valley Property Advisors

    Section Image
  • 1308 Flower St, Bakersfield, CA 93305

    $585,000

    • 8 Beds
    • 4 Baths
    • 3,432 Sq Ft
    • 1308 Flower St
    • Bakersfield, CA

    Excellent investment opportunity! This is what both new & experienced investors are looking for to make their money work for them. Beautiful 4 unit apartment building hot on the market. Each unit is a stunning 2 bedroom, 1 bathroom apartment with brand new wood flooring, ceiling fans, granite counter-tops, electric stove, dishwasher, new A/C units, new waterheaters including washer/dryer

    Jason Bruce Century 21 Doug Anderson

    Section Image
  • 2801 Alta Vista Dr, Bakersfield, CA 93305

    $699,999

    • 9 Beds
    • 5 Baths
    • 3,723 Sq Ft
    • 2801 Alta Vista Dr
    • Bakersfield, CA

    4 UNITS IN A VERY DESIRABLE AREA OF BAKERSFIELD Ca. This quadruplex offers 3 units that are two bedrooms and one bathrooms and 1 unit with three bedrooms and two bathrooms. Centralized near major shopping centers, two major freeways and local public centers. Close to Grace Memorial High school and Our Lady of Perpetual Help Catholic School. The unit is fully tenant occupied and will be sold and

    Gustavo Rodriguez BLVD ESTATE PROPERTIES

    Section Image
  • 2801 Alta Vista Dr, Bakersfield, CA 93305

    $699,999

    • 9 Beds
    • 5 Baths
    • 3,723 Sq Ft
    • 2801 Alta Vista Dr
    • Bakersfield, CA

    4 UNITS IN A VERY DESIRABLE AREA OF BAKERSFIELD Ca. This quadruplex offers 3 units that are two bedrooms and one bathrooms and 1 unit with three bedrooms and two bathrooms. Centralized near major shopping centers, two major freeways and local public centers. Close to Grace Memorial High school and Our Lady of Perpetual Help Catholic School. The unit is fully tenant occupied and will be sold and

    Gustavo Rodriguez BLVD ESTATE PROPERTIES

    Section Image
  • 2300 Lake St, Bakersfield, CA 93306

    $595,000

    • 8 Beds
    • 3 Baths
    • 2,725 Sq Ft
    • 2300 Lake St
    • Bakersfield, CA

    Beautiful Income Property. Detached front house consists of 3 bedrooms, 1 bath, front porch, new iron fence, new concrete in front and side yard, house has its own water meter, electrical and gas meter, mini split a/c unit and one portable a/c unit, granite on kitchen cabinets. Prior owner remodeled front house and updated new electrical. Back building has 2 units. Both come with parking,

    KARMEN MARINELARENA REALTY MASTERS & ASSOCIATES

    Section Image
  • 2199 Edison Hwy, Bakersfield, CA 93305

    $680,000

    • 10 Beds
    • 7 Baths
    • 4,392 Sq Ft
    • 2199 Edison Hwy
    • Bakersfield, CA

    CALLING ALL INVESTORS. Great opportunity to build your portfolio. This property offers 7 rental units and a business build. With a little TLC you have the opportunity to generate passive income. Current business owners of 7 years are interested to continue leasing the building. Call now to get more information.

    Alondra Lopez Five Star Realty

    Section Image
  • 707 Sterling Rd, Bakersfield, CA 93306

    $545,999

    • 8 Beds
    • 4 Baths
    • 3,600 Sq Ft
    • 707 Sterling Rd
    • Bakersfield, CA

    Presenting a rare and exciting opportunity to own a four-unit property in the thriving Bakersfield market! Located at 707 Sterling Rd, this property offers incredible potential for long-term growth and a steady income stream. Each unit features 2 bedrooms and 1 bath, providing comfortable living spaces perfect for tenants.At this competitive price, you’ll be investing in a property with

    Jared Nunez Ambiance Realty

    Section Image
  • 707 Sterling Rd, Bakersfield, CA 93306

    $560,000

    • 8 Beds
    • 4 Baths
    • 3,600 Sq Ft
    • 707 Sterling Rd
    • Bakersfield, CA

    Presenting a rare and exciting opportunity to own a four-unit property in the thriving Bakersfield market! Located at 707 Sterling Rd, this property offers incredible potential for long-term growth and a steady income stream. Each unit features 2 bedrooms and 1 bath, providing comfortable living spaces perfect for tenants.At this competitive price, you’ll be investing in a property with

    Jared Nunez Ambiance Realty

    Section Image
  • 4317 Parkwood Ct, Bakersfield, CA 93309

    $649,999

    • 7 Beds
    • 5 Baths
    • 4,891 Sq Ft
    • 4317 Parkwood Ct
    • Bakersfield, CA

    Back on the Market! This S.W. fourplex fully rented! All four units include 2 car garages w/ washer/dryer hookups, & are separately metered for gas & electric. These units also have private patios & all the downstairs units have small backyards! One of the two bedroom units has a long term tenant paying below market rent creating an opportunity to create an increased cash flow. Check out this

    Shanti Brinsfield Watson Realty

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25039774

California Regional Multiple Listing Service (CRMLS)

APN: 014-180-04-00-6