NOT LISTED FOR SALE

2403 N Inyo St Bakersfield, CA 93305

East Bakersfield Neighborhood
2 Beds
1 Bath
4,266 Sq Ft
0.32 Acres

Last Sold June 20, 2024

Last sale price $370,000 $87 Per Sq Ft

1 Day on Market

Highlights

  • 0.32 Acre Lot
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of June 2024

Located at 2403 N Inyo and 404-406 Jeffrey in Bakersfield, CA, this multifamily property is on the market for $480,000. The property includes a total of four units: one 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units, built in 1939 and 1948, encompassing approximately 4,266 square feet. Each unit is equipped with laundry hookups, and there is additional detached storage available. With a gross scheduled rent of $46,236, this investment property presents a solid opportunity for consistent rental income.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/20/2024

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.32

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,266 Sq Ft Home
  • 1-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • Highland School

Additional Features

  • 0.32 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 12514026

Community Details

Overview

  • 4 Units
  • Keith Addition Subdivision

Building Details

  • Gross Income $46,236
  • Net Operating Income $26,048

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1939
  • Building Stories: 1
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4266.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Other

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 12514026

Multi Family

  • Total Annual Expense: 18800.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 46236.00
  • Property Net Operating Income: 26048.00

MLS Schools

  • Elementary School: Longfellow

Range of Values:

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Sold Price
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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
06/20/2024 06/20/24 Sold $370,000 -22.9% $87 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $480,000 -- $113 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2024

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    7 in this area

    85 Total Sales

    Marc Thurston
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404951

Bakersfield Association of REALTORS® / GEMLS

APN: 125-140-26

California Kern County Bakersfield 93305 East Bakersfield

2403 N Inyo St, Bakersfield, CA

This home is located at 2403 N Inyo St, Bakersfield, CA 93305 since 20 May 2024. This property was built in 1939. 2403 N Inyo St is a home located in Kern County with nearby schools including Longfellow Elementary School, Washington Middle School, and Highland High School.

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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