$850,000

3208 Jewett Ave Bakersfield, CA 93301

Downtown Bakersfield Neighborhood

Estimated payment $5,252/month

Total Views 3,863
-- Bed
-- Bath
890 Sq Ft
$955 Price per Sq Ft

About This Home

On the market right under appraised value! Turnkey Investment Opportunity - Fully Occupied New 4-Unit Apartment with Owned Solar & Secure Gated Entry. This apartment consists of a 2 bed 1 bath mix for each unit with a 7.31% Cap Rate. Discover a prime investment opportunity with this income-generating property. Ready for investors seeking immediate cash flow. With its brand-new construction, this property ensures minimal maintenance and delivers strong rental income from day one, making it a valuable long-term investment.

Listing Agent

Andrea Palacios

Wayside, Realtors® License #02228907 Listed on: 03/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,545

Year Built

  • Built in 2023

Interior Spaces

  • 890 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 8,276 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00206104

Community Details

Overview

  • 4 Units
  • Homaker Park Subdivision

Building Details

  • Gross Income $82,200
  • Net Operating Income $62,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,545

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2023
  • Building Stories: 2
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1900
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Living Area: 890.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 00206104

Multi Family

  • Total Annual Expense: 20000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 82200.00
  • Property Net Operating Income: 62200.00

MLS Schools

  • Elementary School: Franklin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,545 $780,300 $127,500 $652,800
2024 $1,311 $520,626 $67,626 $453,000
2023 $1,311 $66,300 $66,300 $0
2022 $1,256 $65,000 $65,000 $0
2021 $1,335 $65,000 $65,000 $0
2020 $886 $30,000 $30,000 $0
2019 $914 $33,755 $13,066 $20,689
2018 $897 $32,446 $12,559 $19,887
2017 $888 $31,811 $12,313 $19,498
2016 $845 $31,188 $12,072 $19,116
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $850,000 0.0% $955 / Sq Ft
06/02/2025 06/02/25 For Sale $850,000 -10.5% $955 / Sq Ft
04/18/2025 04/18/25 Off Market $950,000 -- --
04/15/2025 04/15/25 Price Changed $950,000 -2.1% $1,067 / Sq Ft
03/20/2025 03/20/25 Price Changed $970,000 -3.0% $1,090 / Sq Ft
03/13/2025 03/13/25 For Sale $1,000,000 +1438.5% $1,124 / Sq Ft
12/03/2021 12/03/21 Sold $65,000 -27.8% $73 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $89,999 +38.5% $101 / Sq Ft
10/14/2020 10/14/20 Sold $65,000 0.0% $73 / Sq Ft
10/14/2020 10/14/20 Sold $65,000 -13.3% $73 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $75,000 0.0% $84 / Sq Ft
08/14/2020 08/14/20 For Sale $75,000 -- $84 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $765,000 Lennar Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $612,000 New Conventional
Previous Owner $57,843 Fannie Mae Freddie Mac
Source: Public Records

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502888

Bakersfield Association of REALTORS® / GEMLS

APN: 002-061-04-00-1

California Kern County Bakersfield 93301 Downtown Bakersfield

3208 Jewett Ave, Bakersfield, CA

This home is located at 3208 Jewett Ave, Bakersfield, CA 93301 and is currently priced at $850,000, approximately $955 per square foot. This property was built in 2023. 3208 Jewett Ave is a home located in Kern County with nearby schools including Franklin Elementary School, Emerson Middle School, and Bakersfield High School.

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.

Nearby Homes
Listing Agent
Andrea Palacios
Section Image
Wayside, Realtors®
(661) 655-1856