227 Simon Dr Bakersfield, CA 93307
Casa Loma NeighborhoodEstimated payment $2,905/month
About This Home
Investment opportunity featuring two spacious 3-bedroom, 2-bath units, each offering a comfortable floor plan with a large living room, dining area, kitchen, indoor laundry, and primary suite. One unit enjoys the added benefit of a generously sized backyard, creating additional appeal for long-term tenants. This property offers strong investment potential with a generous 9% cap rate, making it an attractive option for investors seeking solid returns. The large dual unit sizes set this duplex apart from many competing multifamily properties and help support consistent tenant demand. Conveniently located near schools, shopping, and everyday amenities, this is an excellent opportunity for investors seeking stable income and future appreciation. Both units are tenant occupied, making this a turnkey addition to any real estate portfolio. Both AC units were replaced this year, so they are brand new.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Parking
- Carport
Home Design
- Duplex
Interior Spaces
- 2,172 Sq Ft Home
- 1-Story Property
Schools
- Sequoia Middle School
- Mira Monte High School
Additional Features
- 7,840 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 16705123
Community Details
Overview
- 2 Units
Building Details
- Gross Income $41,940
- Net Operating Income $39,200
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $5,570 | $374,544 | $93,636 | $280,908 |
| 2025 | $5,570 | $367,200 | $91,800 | $275,400 |
| 2024 | $4,025 | $360,000 | $90,000 | $270,000 |
| 2023 | $4,025 | $218,726 | $38,276 | $180,450 |
| 2022 | $3,810 | $214,438 | $37,526 | $176,912 |
| 2021 | $3,307 | $210,235 | $36,791 | $173,444 |
| 2020 | $3,219 | $208,080 | $36,414 | $171,666 |
| 2019 | $3,157 | $208,080 | $36,414 | $171,666 |
| 2018 | $2,531 | $156,060 | $41,616 | $114,444 |
| 2017 | $2,511 | $153,000 | $40,800 | $112,200 |
| 2016 | $1,822 | $105,368 | $26,879 | $78,489 |
| 2015 | $1,821 | $103,787 | $26,476 | $77,311 |
| 2014 | $1,763 | $101,753 | $25,957 | $75,796 |
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $445,000 | +21.9% | $205 / Sq Ft | |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- | |
| 08/14/2023 08/14/23 | Sold | $365,000 | +1.4% | $168 / Sq Ft | View Prior Sale |
| 06/07/2023 06/07/23 | Price Changed | $359,999 | -5.3% | $166 / Sq Ft | |
| 06/05/2023 06/05/23 | For Sale | $379,999 | +90.0% | $175 / Sq Ft | |
| 06/06/2018 06/06/18 | Sold | $200,000 | 0.0% | $92 / Sq Ft | View Prior Sale |
| 05/07/2018 05/07/18 | Pending | -- | -- | -- | |
| 03/23/2018 03/23/18 | For Sale | $200,000 | +33.3% | $92 / Sq Ft | |
| 04/01/2016 04/01/16 | Sold | $150,000 | -3.2% | $69 / Sq Ft | View Prior Sale |
| 03/02/2016 03/02/16 | Pending | -- | -- | -- | |
| 11/04/2015 11/04/15 | For Sale | $155,000 | -- | $71 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $360,000 | Chicago Title | |
| Grant Deed | $200,000 | Ticor Title Co | |
| Interfamily Deed Transfer | -- | Placer Title Company | |
| Grant Deed | $155,000 | Placer Title Company | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $25,000 | None Available | |
| Joint Tenancy Deed | $153,059 | Chicago Title | |
| Grant Deed | $140,000 | Fidelity National Title | |
| Joint Tenancy Deed | $231,819 | Chicago Title Company | |
| Grant Deed | $16,500 | Alliance Title | |
| Grant Deed | $25,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $288,000 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $112,500 | New Conventional | |
| Previous Owner | $211,000 | Unknown | |
| Previous Owner | $167,649 | Purchase Money Mortgage | |
| Previous Owner | $33,000 | Unknown |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202606779
APN: 167-051-23-00-5
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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