$697,000
SOLD FEB 21, 2025
-- Bed
-- Bath
4,163 Sq Ft
0.31 Acres

Recently Sold

$167 Per Sq Ft

2% Below List Price

5 Days on Market

About This Home

As of February 2025

For sale: A prime investment opportunity at 2800 N Half Moon Dr, Bakersfield, CA, priced at $712,000. Built in 1978, this multifamily property offers approximately 4,163 square feet of living space, including one 3-bedroom, 2-bath unit, and four 2-bedroom, 1-bath units. With a gross scheduled income of $67,800 and a gross rent multiplier of 10.5, this property is well-suited for investors looking for steady rental income. Don't miss out on this high-potential asset in a desirable location.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 11/15/2024

Last Buyer's Agent

Debra Roberson

Watson Realty License #01395943

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Interior Spaces

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

Parking

  • 1 Car Garage
  • Carport
  • Uncovered Parking

Schools

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

Additional Features

  • 0.31 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35533211

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $67,800
  • Net Operating Income $40,766

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1978
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3100
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4163.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Number Of Garages: 1
  • Parking Features: Garage, Carport, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 13503.00
  • Parcel #: 35533211

Multi Family

  • Total Annual Expense: 25000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 67800.00
  • Property Net Operating Income: 40766.00

MLS Schools

  • Elementary School: Castle, C. H.
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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
02/21/2025 02/21/25 Sold $697,000 -2.1% $167 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $712,000 -- $171 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $5,911 $362,372 $33,953 $328,419
2024 $5,911 $355,268 $33,288 $321,980
2023 $5,802 $348,303 $32,636 $315,667
2022 $5,564 $341,475 $31,997 $309,478
2021 $5,281 $334,780 $31,370 $303,410
2020 $5,161 $331,348 $31,049 $300,299
2019 $5,113 $331,348 $31,049 $300,299
2018 $4,912 $318,484 $29,845 $288,639
2017 $4,857 $312,240 $29,260 $282,980
2016 $4,574 $306,119 $28,687 $277,432
2015 $3,556 $215,000 $40,000 $175,000
2014 $3,529 $215,000 $40,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411749

Bakersfield Association of REALTORS® / GEMLS