$300,000
SOLD DEC 10, 2025

407 Minner Ave Bakersfield, CA 93308

-- Bed
-- Bath
1,550 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

216% Above List Price

28 Days on Market

About This Home

As of December 2025

Amazing Investment Opportunity in Oildale!Great duplex with strong upside potential! Each unit offers 2 bedrooms and 1 bath. Property features a newer roof, two newer A/C units, and all new flex plumbing in both units. Live in one and rent the other, or add this well-maintained property to your investment portfolio. Current rents are well below market, offering excellent income growth potential. Convenient location, solid updates, and dependable layout make this a smart buy for investors or owner-occupants alike.Don't miss this opportunity to build equity and cash flow in Oildale!

Last Agent to Sell the Property

Cheryl Ketchum

Watson Realty License #01161640 Listed on: 10/09/2025

Co-Listed By

Greg Ketchum

Watson Realty License #01494691

Last Buyer's Agent

Nickolas Oni

Watson Realty License #02142353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Home Design

  • Duplex

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

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

Additional Features

  • 5,227 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11311207

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,480
  • Net Operating Income $13,106

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1955
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1200
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1550.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 5227.00
  • Parcel #: 11311207

Multi Family

  • Total Annual Expense: 5374.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 18480.00
  • Property Net Operating Income: 13106.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2025
Closed on
Nov 4, 2025
Sold by
Lake Family Trust and Lake Donald E
Bought by
Mann Bailey Nicole
Seller's Agent
Cheryl Ketchum
Watson Realty
Buyer's Agent
Nickolas Oni
Watson Realty
List Price
$95,000
Sold Price
$300,000
Premium/Discount to List
$205,000
215.79%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.38%
Original Mortgage
$15,000
Outstanding Balance
$15,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$278,104

Purchase Details

Closed on
Jun 6, 2011
Sold by
Lake Don and Wood Sharon
Bought by
Lake Donald E and Lake Sharon G

Purchase Details

Closed on
May 20, 2002
Sold by
Frey Morton and Frey Linda Marie
Bought by
Lake Don and Wood Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 $300,000 Placer Title
Interfamily Deed Transfer -- None Available
Grant Deed $57,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 New Conventional
Open $294,566 FHA
Previous Owner $51,300 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 Sold $300,000 +1.7% $194 / Sq Ft
11/06/2025 11/06/25 Pending -- -- --
10/10/2025 10/10/25 Price Changed $295,000 +210.5% $190 / Sq Ft
10/09/2025 10/09/25 For Sale $95,000 -- $61 / 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 $2,847 $84,179 $25,101 $59,078
2024 $2,734 $82,529 $24,609 $57,920
2023 $2,734 $80,912 $24,127 $56,785
2022 $2,534 $79,326 $23,654 $55,672
2021 $2,358 $77,772 $23,191 $54,581
2020 $2,232 $76,976 $22,954 $54,022
2019 $2,203 $76,976 $22,954 $54,022
2018 $2,118 $73,988 $22,063 $51,925
2017 $2,086 $72,538 $21,631 $50,907
2016 $1,970 $71,116 $21,207 $49,909
2015 $1,946 $70,049 $20,889 $49,160
2014 $1,910 $68,678 $20,480 $48,198
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Cheryl Ketchum

    Watson Realty

    (661) 319-5033

    55 Total Sales

    Cheryl Ketchum
    Section Image
  • Greg Ketchum

    Seller Co-Listing Agent in 2025

    Greg Ketchum

    Watson Realty

    (661) 327-5161

    47 Total Sales

    Greg Ketchum
    Section Image

  • N

    Buyer's Agent in 2025

    Nickolas Oni

    Watson Realty

    35 Total Sales

    Nickolas Oni
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202511507

Bakersfield Association of REALTORS® / GEMLS

APN: 113-112-07-00-0

California Kern County Bakersfield 93308

407 Minner 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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