$95,000
SOLD JUL 7, 2025

407 1/2 Washington Ave Bakersfield, CA 93308

-- Bed
-- Bath
1,152 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

49% Below List Price

51 Days on Market

About This Home

As of July 2025

Duplex with minor fire damage and expansion potential. Discover this 768 sq. ft duplex with minor fire damage, situated on an R2 lot! This property is a fantastic opportunity for investors looking to renovate and expand. Located conveniently near amenities, it's perfect for maximizing rental income. Contact us today for more details!

Last Agent to Sell the Property

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 03/17/2025

Last Buyer's Agent

Alejandro Mora

The Mora Partners Inc. License #01820381

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11321212

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $26,400
  • Net Operating Income $23,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1927
  • Building Stories: 1
  • Deposit Amount Required: 2000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1152.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 5227.00
  • Parcel #: 11321212

Multi Family

  • Total Annual Expense: 2640.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 26400.00
  • Property Net Operating Income: 23760.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
May 16, 2025
Sold by
Sbe Lp
Bought by
Red Horse Shoe Llc
Seller's Agent
Eric Mora
The Mora Partners Inc.
Buyer's Agent
Alejandro Mora
The Mora Partners Inc.
List Price
$184,900
Sold Price
$95,000
Premium/Discount to List
-$89,900
-48.62%
Views
3871
Current Estimated Value
$222,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,194
Avg. Annual Appreciation
225.47%
Original Mortgage
$266,325
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 2024
Sold by
Johnson Harolyn L
Bought by
Sbe Lp
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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Purchase History

Date Type Sale Price Title Company
Grant Deed $95,000 Chicago Title Company
Grant Deed $100,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,325 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $95,000 -26.9% $82 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/12/2025 04/12/25 Price Changed $129,900 -29.7% $113 / Sq Ft
03/17/2025 03/17/25 For Sale $184,900 -- $161 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $2,827 $82,416 $24,837 $57,579
2024 $2,827 $80,800 $24,350 $56,450
2023 $6,490 $79,217 $23,873 $55,344
2022 $2,514 $77,664 $23,405 $54,259
2021 $2,338 $76,143 $22,947 $53,196
2020 $2,212 $75,363 $22,712 $52,651
2019 $2,183 $75,363 $22,712 $52,651
2018 $2,099 $72,438 $21,831 $50,607
2017 $2,068 $71,018 $21,403 $49,615
2016 $1,954 $69,627 $20,984 $48,643
2015 $1,930 $68,582 $20,669 $47,913
2014 $1,784 $57,600 $11,520 $46,080
Source: Public Records

Agents Affiliated with this Home

  • Eric Mora

    Seller's Agent in 2025

    Eric Mora

    The Mora Partners Inc.

    (661) 463-8186

    510 Total Sales

    Eric Mora
    Section Image

  • A

    Buyer's Agent in 2025

    Alejandro Mora

    The Mora Partners Inc.

    (661) 204-8663

    109 Total Sales

    Alejandro Mora
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502966

Bakersfield Association of REALTORS® / GEMLS

APN: 113-212-12-00-3

California Kern County Bakersfield 93308

407 1/2 Washington Ave, Bakersfield, CA

Sold

MultiFamily

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. 2026.

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