Estimated payment $24,482/month
About This Home
We are excited to exclusively present this portfolio of six (6) duplexes, offering a combined 14,268 square feet of gross rentable area. The property includes twelve (12) spacious 3-bedroom, 2.5-bath townhouse-style units that are 1204 sq.ft P/U and have their own 2-car garage. Each designed with open-concept living, granite countertops, stainless steel appliances, in-unit laundry, and central HVAC. With low operational expenses, separate meters, durable finishes, and minimal deferred maintenance, this is a true turnkey investment opportunity. The units feature tile flooring downstairs, plush carpet upstairs, ceiling fans throughout, and ample natural light. Situated in a high-demand Wasco submarket near parks and schools, the community appeals to long-term tenants and families alike. Ideal for investors seeking strong in-place income, long-term appreciation, and low management headaches, this offering checks all the boxes for location, stability, and cash flow.
Listing Agent
Mary Kay Ellen
Watson Realty License #01933130 Listed on: 06/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,081
Year Built
- Built in 2019
Interior Spaces
- 4,756 Sq Ft Home
- 2-Story Property
Schools
- Pruiett Elementary School
- Jefferson Middle School
- Wasco High School
Additional Features
- 0.69 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 48815120
Community Details
Overview
- 12 Units
- 3851 Un A Subdivision
Building Details
- Gross Income $249,600
- Net Operating Income $179,600
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,081 | $472,471 | $56,889 | $415,582 |
| 2024 | $6,081 | $463,208 | $55,774 | $407,434 |
| 2023 | $5,902 | $454,127 | $54,681 | $399,446 |
| 2022 | $5,744 | $445,223 | $53,609 | $391,614 |
| 2021 | $5,661 | $436,494 | $52,558 | $383,936 |
| 2020 | $5,267 | $432,020 | $52,020 | $380,000 |
| 2019 | $4,730 | $370,520 | $52,020 | $318,500 |
| 2018 | $400 | $28,500 | $28,500 | $0 |
| 2017 | $606 | $46,599 | $46,599 | $0 |
| 2016 | $554 | $45,686 | $45,686 | $0 |
| 2015 | $476 | $40,000 | $40,000 | $0 |
| 2014 | $476 | $40,985 | $40,985 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $4,500,000 | -- | $946 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Ticor Title Co | |
| Warranty Deed | $200,000 | Chicago Title Company | |
| Warranty Deed | $536,000 | First American Title Company | |
| Warranty Deed | $325,000 | First American Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,500,000 | Credit Line Revolving | |
| Previous Owner | $375,000 | Small Business Administration |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202506616
APN: 488-151-20-00-5
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. 2025.
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