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

Sale Details

Date Sold: June 5, 2025

Last sale price $565,000 $136 Per Sq Ft

14 Days on Market

About This Home

As of June 2025

5 Plex Ready For Sale. Fully Occupied. 4 Units = 2+1 and 1 Unit = 3+2. Building size is 4163, Lot is 11,761, Built in 1979. The property provide separate laundry facility with hook ups for each tenant. Each 2+1 unit has a single stall covered parking space and the 3+2 has a 2 car garage. Each unit has an HVAC unit that is less than 7 years old. Each unit has own utility meter for services. There is a very nice sized lawn area with wonderful trees for tenants to enjoy as this is a corner lot property. The gross rents are $54,444. Each tenant is month to month. Seller will need to complete a 1031 exchange.

Last Agent to Sell the Property

Michael Green

Michael Green Investment, Inc. License #00981395 Listed on: 04/28/2025

Last Buyer's Agent

Michael Green

Michael Green Investment, Inc. License #00981395 Listed on: 04/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.27

Interior Spaces

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

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

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

Additional Features

  • 11,761 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35533205

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $54,444
  • Net Operating Income $43,444

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.27 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Building Stories: 2
  • Deposit Amount Required: 2500.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2700
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4163.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking: 6.00
  • Number Of Garages: 1
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: Multi-Family, R2
  • Lot Size Sq Ft: 11761.00
  • Parcel #: 35533205

Multi Family

  • Total Annual Expense: 11000.00
  • Vacancy Factor: 200.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 54444.00
  • Property Net Operating Income: 43444.00

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

Closed on
Jan 26, 2026
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.0672%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2025
Closed on
May 9, 2025
Sold by
Bought by
Seller's Agent
Michael Green
Michael Green Investment, Inc.
Buyer's Agent
Michael Green
Michael Green Investment, Inc.
List Price
$700,000
Sold Price
$565,000
Premium/Discount to List
-$135,000
-19.29%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0681%
Mortgage Type
New Conventional
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
-- Wfg National Title
-- None Listed On Document
$565,000 Chicago 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
Closed $45,000
Closed $275,000
Closed $400,000
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
06/05/2025 06/05/25 Sold $565,000 -19.3% $136 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $700,000 -- $168 / 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 $5,368 $316,622 $45,973 $270,649
2024 $5,368 $310,415 $45,072 $265,343
2023 $5,265 $304,330 $44,189 $260,141
2022 $5,047 $298,364 $43,323 $255,041
2021 $4,770 $292,515 $42,474 $250,041
2020 $4,653 $289,517 $42,039 $247,478
2019 $4,612 $289,517 $42,039 $247,478
2018 $4,436 $278,276 $40,407 $237,869
2017 $4,388 $272,820 $39,615 $233,205
2016 $4,141 $267,472 $38,839 $228,633
2015 $2,934 $160,000 $30,000 $130,000
2014 $2,908 $160,000 $30,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202504813

Bakersfield Association of REALTORS® / GEMLS
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