$865,000
SOLD JUN 26, 2025
-- Bed
-- Bath
3,432 Sq Ft
0.27 Acres

Recently Sold

$252 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 4-minute walk to Garden Park
  • Stockdale High School Rated A

About This Home

As of June 2025

3118 Brookside - Excellent investment opportunity in Southwest Bakersfield! This well-maintained fourplex at 3118 Brookside Drive is listed at $849,000 and offers a strong gross scheduled income of $73,680 annually. Built in 1996 and spanning approximately 3,432 square feet, the property includes four spacious units one 3-bedroom, 1.75-bath unit and three 2-bedroom, 1-bath units each with its own garage. Conveniently located near California State University, Bakersfield, and The Marketplace shopping center, this property combines solid rental income potential with a desirable location for tenants.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/20/2025

Last Buyer's Agent

Alex Daredia

Watson Realty License #02035436

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Parking

  • 4 Car Garage

Interior Spaces

  • 3,432 Sq Ft Home
  • 1-Story Property

Schools

  • Mcauliffe Elementary School
  • Tevis Middle School
  • Stockdale High School

Additional Features

  • 0.27 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38931105

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $73,680
  • Net Operating Income $45,133

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1996
  • Building Stories: 1
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.2700
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3432.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 4
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Stockdale
  • Middle Or Junior School: Tevis

Lot Info

  • Zoning Description: r3
  • Lot Size Sq Ft: 11761.00
  • Parcel #: 38931105

Multi Family

  • Total Annual Expense: 25600.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 73680.00
  • Property Net Operating Income: 45133.00

MLS Schools

  • Elementary School: McAuliffe, C.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
May 30, 2025
Sold by
Hre Properties Llc
Bought by
Oh Gon and Oh Jimin
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Alex Daredia
Watson Realty
List Price
$849,000
Sold Price
$865,000
Premium/Discount to List
$16,000
1.88%
Views
11
Current Estimated Value
$872,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,588
Avg. Annual Appreciation
1.66%
Original Mortgage
$645,000
Outstanding Balance
$643,344
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$229,244

Purchase Details

Closed on
Dec 19, 2017
Sold by
Huge Bradley P
Bought by
Hre Properties Llc

Purchase Details

Listed on
Apr 14, 2015
Closed on
May 21, 2015
Sold by
Spasiano Wendy J and The Holden Family Trust
Bought by
Huge Bradley
Seller's Agent
Krista Stevenson
Intercontinental Realty,Inc
Buyer's Agent
Rosina Jeppi Dewar
Unknown Broker
List Price
$505,000
Sold Price
$490,000
Premium/Discount to List
-$15,000
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$367,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Holden Wendy
Bought by
Holden Wendy J and Holden Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
Remedios Peter J and Remedios Heather C
Bought by
Holden Wendy J

Purchase Details

Closed on
Oct 26, 1998
Sold by
Holden Wendy
Bought by
Holden Wendy J and Holden Trust

Purchase Details

Closed on
Jun 16, 1998
Sold by
Rieman Raymond L
Bought by
Remedios Peter J and Remedios Heather C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 1996
Sold by
Amhurst 88 Corp
Bought by
Rieman Raymond L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,600
Interest Rate
7%
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 $865,000 Placer Title
Grant Deed -- First American Title Co
Grant Deed $490,000 First American Title Company
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- Commonwealth Title
Interfamily Deed Transfer -- American Title
Gift Deed -- --
Grant Deed -- --
Grant Deed $244,500 Nations Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $645,000 New Conventional
Previous Owner $367,500 New Conventional
Previous Owner $359,650 New Conventional
Previous Owner $36,000 Seller Take Back
Previous Owner $195,600 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2025 06/26/25 Sold $865,000 +1.9% $252 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $849,000 +73.3% $247 / Sq Ft
06/09/2015 06/09/15 Sold $490,000 -3.0% $143 / Sq Ft View Prior Sale
05/10/2015 05/10/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $505,000 -- $147 / 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 $9,618 $588,897 $120,181 $468,716
2024 $9,618 $577,351 $117,825 $459,526
2023 $9,464 $566,031 $115,515 $450,516
2022 $9,081 $554,933 $113,250 $441,683
2021 $8,666 $544,053 $111,030 $433,023
2020 $8,486 $538,475 $109,892 $428,583
2019 $8,378 $538,475 $109,892 $428,583
2018 $8,026 $517,568 $105,626 $411,942
2017 $7,912 $507,420 $103,555 $403,865
2016 $7,438 $497,472 $101,525 $395,947
2015 $6,679 $428,883 $95,415 $333,468
2014 $5,611 $340,000 $50,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202505660

Bakersfield Association of REALTORS® / GEMLS

APN: 389-311-05-00-6