37 Garden Dr Bakersfield, CA 93307
Rexland Acres NeighborhoodEstimated payment $2,752/month
Highlights
- Heated Floors
- Evaporated cooling system
- 1-Story Property
- 0.34 Acre Lot
About This Home
37 Garden Dr - Outstanding investment opportunity with four income-producing dwellings on a generous 14,810 SF lot featuring two 2BD/1BA units, one 1BD/1BA unit, and a brand-new 400 SF standalone trailer. Recently installed fences provide each unit with its own private yard, enhancing tenant convenience and privacy. Additional amenities include gated parking with two designated spaces per unit. The property is fully occupied and generates $4,575 per month ($54,900 annually) in gross rental income, delivering immediate cash flow with excellent long-term upside. Recent upgrades include all-new plumbing throughout all four units and updated electrical in Units B & C.
Listing Agent
Central Valley Property Adviso License #02197083 Listed on: 09/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Interior Spaces
- 1,859 Sq Ft Home
- 1-Story Property
- Heated Floors
Parking
- 8 Car Parking Spaces
- Uncovered Parking
Schools
- Fairview Elementary School
- Mckee Middle School
Additional Features
- 0.34 Acre Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 41413402
Community Details
Overview
- 3 Units
- Garden Acres Subdivision
Building Details
- Gross Income $54,900
- Net Operating Income $32,940
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $435,000 | +17.6% | $234 / Sq Ft |
| 02/15/2023 02/15/23 | Sold | $370,000 | 0.0% | $199 / Sq Ft |
| 02/15/2023 02/15/23 | Sold | $370,000 | +2.8% | $199 / Sq Ft |
| 01/16/2023 01/16/23 | Pending | -- | -- | -- |
| 12/21/2022 12/21/22 | Pending | -- | -- | -- |
| 11/21/2022 11/21/22 | For Sale | $360,000 | 0.0% | $194 / Sq Ft |
| 10/27/2022 10/27/22 | For Sale | $360,000 | 0.0% | $194 / Sq Ft |
| 10/14/2022 10/14/22 | Pending | -- | -- | -- |
| 09/12/2022 09/12/22 | For Sale | $360,000 | +39.0% | $194 / Sq Ft |
| 06/04/2021 06/04/21 | Sold | $259,000 | +1.6% | $139 / Sq Ft |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $255,000 | -- | $137 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202510313
APN: 414-134-02
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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