$95,000
SOLD JUL 7, 2025

407 1/2 Washington Ave Bakersfield, CA 93308

Oildale Neighborhood
1 Bed
1 Bath
1,152 Sq Ft
5,233 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

50 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

Alejandro Mora

The Mora Partners Inc. Brokerage Phone: 661-463-8186 License #01820381 Listed on: 03/17/2025

Last Buyer's Agent

Alejandro Mora

The Mora Partners Inc. Brokerage Phone: 661-463-8186 License #01820381 Listed on: 03/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1927

Lot Details

  • 5,233 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 1
  • Assessor Parcel Number 11321212003
  • $1,853 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,827

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Price Per Unit: 64950
  • Property Attached: Yes
  • Zoning: R-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 11321212003
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 82.47

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5233.00
  • Lot Size Acres: 0.1201

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 5233.0000 Square Feet
  • Net Operating Income: 23760.00
  • Number Of Units Total: 2
  • Operating Expense: 2640.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2.01
  • Tax Lot: 20
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1853.00

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
3870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2582.86%
Original Mortgage
$266,325
Outstanding Balance
$266,325
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$142,727

Purchase Details

Closed on
Oct 1, 2024
Sold by
Johnson Harolyn L
Bought by
Sbe Lp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Open $266,325 Construction
Previous Owner $266,325 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25058439

California Regional Multiple Listing Service (CRMLS)

APN: 113-212-12-00-3