$690,000
SOLD FEB 21, 2025
-- Bed
-- Bath
4,163 Sq Ft
0.28 Acres

Recently Sold

$166 Per Sq Ft

5 Days on Market

About This Home

As of February 2025

For sale at $690,000, this multi-family investment property located at 2804 N Half Moon Dr, Bakersfield, CA offers a prime opportunity for investors. Built in 1978, the property spans approximately 4,163 square feet and includes five units: one 3-bedroom, 2-bathroom unit and four 2-bedroom, 1-bathroom units. With a gross scheduled income of $63,360 and a gross rent multiplier of 10.81, there is significant upside potential in the current rent structure, making this an attractive proposition for maximizing rental income. Ideal for investors seeking long-term growth in a well-established neighborhood.

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

  • 0.28 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35533210

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $63,360
  • Net Operating Income $36,459

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: 0.2800
  • 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: 12196.00
  • Parcel #: 35533210

Multi Family

  • Total Annual Expense: 25000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 63360.00
  • Property Net Operating Income: 36459.00

MLS Schools

  • Elementary School: Castle, C. H.

Range of Values:

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Average Value
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List Price
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 List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $690,000 0.0% $166 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $690,000 -- $166 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411750

Bakersfield Association of REALTORS® / GEMLS