404 Covey Ave Bakersfield, CA 93308
About This Home
For Sale: 2024 Built Turn-Key Triplex - Low Expense, Strong Cash Flow.This is not a fixer. Thisis not a value-add gamble. Thisis a new-construction income property built for smooth, low-maintenance ownership.ROPERTY SNAPSHOTBuilt 20243 Detached Units feels like 3 homes, not apartmentsEach unit: 3 Bed / 1.5 Bath / ~1,058 SFTile roof + stucco exterior + slab foundationCentral heat & A/C in all unitsGranite counters, kitchen island, built-in appliancesDurable faux-wood tile flooring (great for rentals)Laundry hookups in every unitDedicated parking next to each unitPaid solarTenants get the feel of a house owners get apartment-style income.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Parking
- Uncovered Parking
Schools
- Beardsley Elementary And Middle School
- North High School
Additional Features
- 1-Story Property
- 0.31 Acre Lot
- Central Air
Listing and Financial Details
- Assessor Parcel Number 11418213
Community Details
Overview
- 3 Units
- Covey Acres Subdivision
Building Details
- Gross Income $55,200
- Net Operating Income $35,739
Map
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 | $1,800 | $552,360 | $69,360 | $483,000 |
| 2024 | $1,800 | $68,000 | $68,000 | -- |
| 2023 | $732 | $60,000 | $60,000 | $0 |
| 2022 | $522 | $42,000 | $42,000 | $0 |
| 2021 | $532 | $42,000 | $42,000 | $0 |
| 2020 | $530 | $42,000 | $42,000 | $0 |
| 2019 | $536 | $42,000 | $42,000 | $0 |
| 2018 | $509 | $40,000 | $40,000 | $0 |
| 2017 | $464 | $36,000 | $36,000 | $0 |
| 2016 | $433 | $36,000 | $36,000 | $0 |
| 2015 | $402 | $34,000 | $34,000 | $0 |
| 2014 | $582 | $50,000 | $50,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | Price Changed | $640,000 | -0.8% | -- | |
| 02/04/2026 02/04/26 | For Sale | $645,000 | +0.9% | -- | |
| 06/17/2025 06/17/25 | Sold | $639,000 | 0.0% | -- | View Prior Sale |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- | |
| 05/08/2025 05/08/25 | Price Changed | $639,000 | -3.0% | -- | |
| 04/26/2025 04/26/25 | Price Changed | $659,000 | -2.4% | -- | |
| 03/13/2025 03/13/25 | For Sale | $674,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $639,000 | Ticor Title Company | |
| Grant Deed | $15,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Grant Deed | $107,500 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $70,100 | -- | |
| Quit Claim Deed | $1,500 | -- | |
| Trustee Deed | $62,212 | First American Title Ins Co | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $479,250 | New Conventional | |
| Previous Owner | $60,000 | Seller Take Back | |
| Previous Owner | $78,000 | New Conventional | |
| Previous Owner | $75,000 | Purchase Money Mortgage |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202601281
APN: 114-182-13-00-5
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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Ask me questions while you tour the home.