$712,000
SOLD NOV 21, 2024
-- Bed
-- Bath
4,163 Sq Ft
0.28 Acres

Recently Sold

$171 Per Sq Ft

13 Days on Market

About This Home

As of November 2024

This multi-family property at 2804 N Half Moon Dr, Bakersfield, CA, is an exceptional investment opportunity listed at $712,000. Built in 1978, the property spans approximately 4,163 square feet and consists of one 3-bedroom, 2-bath unit and four 2-bedroom, 1-bath units, offering strong rental potential. Located in the popular Southwest Bakersfield rental area, the property boasts a gross scheduled income of $67,800 and a favorable gross rent multiplier of 10.5. Ideal for investors seeking steady income in a thriving rental market.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 09/14/2024

Last Buyer's Agent

Jennifer Joyce

Blox Real Estate License #01954557

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Home Design

  • Composition Roof

Interior Spaces

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

Parking

  • 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 35533209

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $67,800
  • Net Operating Income $40,009

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
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2800
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4163.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • 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 #: 35533209

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: 40009.00

MLS Schools

  • Elementary School: Castle, C. H.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/21/2024 11/21/24 Sold $712,000 0.0% $171 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $712,000 -- $171 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409413

Bakersfield Association of REALTORS® / GEMLS