$385,000
SOLD FEB 19, 2025

2931 Peerless Ave Bakersfield, CA 93308

North Country Meadows Neighborhood
-- Bed
-- Bath
2,546 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

7% Below List Price

45 Days on Market

About This Home

As of February 2025

We are excited to announce our newest listing located at 2931 Peerless Ave Bakersfield ca 93308. This property features three (3) one (1) bedroom (1) bathroom units & one (1) two (2) bedroom one (1) bathroom unit, and includes four (4) single-car garages. The offering has a gross rentable square footage of 2,546sq.ft. and is situated on a 6,098sq.ft. lot.. A true value-add opportunity that has the potential to increase rental income by 40-50%

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 11/26/2024

Last Buyer's Agent

Rebecca Guardado

LPT Realty, Inc. License #02021862

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Interior Spaces

  • 2,546 Sq Ft Home
  • 1-Story Property

Schools

  • Highland Elementary School
  • Standard Middle School
  • North High School

Additional Features

  • 6,098 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 11704128

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $16,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1954
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2546.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: Multi-family
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 11704128

Multi Family

  • Total Annual Expense: 11040.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 27600.00
  • Property Net Operating Income: 16560.00

MLS Schools

  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Feb 13, 2025
Sold by
Solanki Yogendra
Bought by
Arroyo Luis
Seller's Agent
Eric Van Denk
Central Valley Property Adviso
Buyer's Agent
Rebecca Guardado
LPT Realty, Inc.
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Views
1271
Current Estimated Value
$388,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,188
Avg. Annual Appreciation
0.97%
Original Mortgage
$365,750
Outstanding Balance
$363,585
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$24,603

Purchase Details

Listed on
Nov 26, 2024
Closed on
Feb 11, 2025
Sold by
Solanki Sangita
Bought by
Solanki Yogendra K
Seller's Agent
Eric Van Denk
Central Valley Property Adviso
Buyer's Agent
Rebecca Guardado
LPT Realty, Inc.
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Views
1271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Outstanding Balance
$363,585
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$24,603
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Grant Deed $385,000 Chicago Title
Grant Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Sold $385,000 -6.1% $151 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/12/2024 12/12/24 Price Changed $410,000 -1.2% $161 / Sq Ft
11/26/2024 11/26/24 For Sale $415,000 -- $163 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

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 $5,703 $180,331 $45,070 $135,261
2024 $5,703 $176,796 $44,187 $132,609
2023 $5,476 $173,330 $43,321 $130,009
2022 $5,081 $169,932 $42,472 $127,460
2021 $4,734 $166,601 $41,640 $124,961
2020 $4,479 $164,894 $41,214 $123,680
2019 $4,423 $164,894 $41,214 $123,680
2018 $4,251 $158,492 $39,614 $118,878
2017 $4,191 $155,386 $38,838 $116,548
2016 $3,816 $140,000 $28,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • Eric Van Denk

    Seller's Agent in 2025

    Eric Van Denk

    Central Valley Property Adviso

    (419) 206-7117

    6 in this area

    256 Total Sales

    Eric Van Denk
    Section Image
  • Rebecca Guardado

    Buyer's Agent in 2025

    Rebecca Guardado

    LPT Realty, Inc.

    (661) 869-0059

    1 in this area

    122 Total Sales

    Rebecca Guardado
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202412128

Bakersfield Association of REALTORS® / GEMLS

APN: 117-041-28-00-2

California Kern County Bakersfield 93308 North Country Meadows

2931 Peerless Ave, Bakersfield, CA

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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