$577,500
PENDING

Estimated payment $3,438/month

Total Views 2,699
-- Bed
-- Bath
3,078 Sq Ft
$188 Price per Sq Ft

About This Home

Situated just off the southeast corner of Herb Way and Ashe Road in desirable Southwest Bakersfield, 3402 Ashe Road presents a compelling investment opportunity with three well-maintained townhome units, each offering 2 bedrooms, 1.75 bathrooms, and a private 1-car garage. Built in 1984 and totaling approximately 3,078 square feet, the property combines functional layouts with strong rental appeal in a high-demand area. Current rents ranging from $1,050 to $1,395 provide immediate income with upside potential, making this an attractive option for both seasoned investors and those looking to expand their portfolio. Priced at $577,500, this asset offers a solid blend of stability, location, and long-term growth potential.

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 04/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Parking

  • 3 Car Garage

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property

Schools

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

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38424322

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $46,200
  • Net Operating Income $27,252

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1700
  • Garage Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3078.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Private: No

Garage/Parking

  • Number Of Garages: 3
  • Parking Features: Garage

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: 7405.00
  • Parcel #: 38424322

Multi Family

  • Total Annual Expense: 17100.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 46200.00
  • Property Net Operating Income: 27252.00

MLS Schools

  • Elementary School: Castle, C. H.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,293 $205,947 $51,077 $154,870
2024 $4,205 $201,910 $50,076 $151,834
2023 $4,205 $197,952 $49,095 $148,857
2022 $4,020 $194,072 $48,133 $145,939
2021 $3,736 $190,268 $47,190 $143,078
2020 $3,622 $188,318 $46,707 $141,611
2019 $3,572 $188,318 $46,707 $141,611
2018 $3,439 $181,008 $44,895 $136,113
2017 $3,389 $177,460 $44,015 $133,445
2016 $3,218 $173,981 $43,152 $130,829
2015 $3,180 $171,368 $42,504 $128,864
2014 $3,100 $168,012 $41,672 $126,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2026 05/06/26 Pending -- -- --
04/23/2026 04/23/26 For Sale $577,500 0.0% $188 / Sq Ft
04/12/2026 04/12/26 Pending -- -- --
04/01/2026 04/01/26 For Sale $577,500 -- $188 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 Type Sale Price Title Company
Grant Deed $129,000 --
Gift Deed -- --
Quit Claim Deed -- --
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 Loan Amount Loan Type
Open $127,710 FHA
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202603458

Bakersfield Association of REALTORS® / GEMLS

APN: 384-243-22-00-4

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