$835,000
-- Bed
-- Bath
4,163 Sq Ft
$201 Price per Sq Ft

About This Home

Fully stabilized Laurelglen 5-plex with (1) 3/2 and (4) 2/1 units. Some units have kitchen and bathroom upgrades, while all units feature central A/C, private laundry, and off-street parking including carports and 1 two-car garage. 100% occupied with almost $83,000 in gross annual income, this listing boasts a 10.27 GRM and sits in one of Southwest Bakersfield's most desirable rental submarkets.

Listing Agent

Caleb Fisk

ASU Commercial License #02156326 Listed on: 02/13/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Parking

  • Carport

Interior Spaces

  • 4,163 Sq Ft Home
  • 2-Story Property

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Additional Features

  • 0.28 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 35533401

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $82,740
  • Net Operating Income $51,703

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.28 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1978
  • Building Stories: 2
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2800
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4163.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Carport

Utilities

  • Heatcool: Central AC

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 12196.00
  • Parcel #: 35533401

Multi Family

  • Total Annual Expense: 31037.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 82740.00
  • Property Net Operating Income: 51703.00

MLS Schools

  • Elementary School: Castle, C. H.

Map

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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
02/13/2026 02/13/26 For Sale $835,000 -- $201 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202601619

Bakersfield Association of REALTORS® / GEMLS
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