NOT LISTED FOR SALE
-- Bed
-- Bath
4,163 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: November 21, 2024

Last sale price $712,000 $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

Lot Details

  • 0.28

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

  • 12,196 Sq Ft 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

0.28 Acres

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.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Oct 15, 2024
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Jennifer Joyce
Blox Real Estate
List Price
$712,000
Sold Price
$712,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
0.0632%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$712,000 Placer Title
-- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $430,000
Previous Owner $617,500
Previous Owner $530,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,776 $712,000 $90,000 $622,000
2024 $5,776 $344,166 $33,288 $310,878
2023 $5,669 $337,419 $32,636 $304,783
2022 $5,436 $330,804 $31,997 $298,807
2021 $5,155 $324,319 $31,370 $292,949
2020 $5,035 $320,995 $31,049 $289,946
2019 $4,989 $320,995 $31,049 $289,946
2018 $4,794 $308,533 $29,845 $278,688
2017 $4,741 $302,484 $29,260 $273,224
2016 $4,467 $296,554 $28,687 $267,867
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: 202409413

Bakersfield Association of REALTORS® / GEMLS
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