$515,000
SOLD APR 30, 2025
-- Bed
-- Bath
3,824 Sq Ft
0.64 Acres

Recently Sold

$135 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • 0.64 Acre Lot
  • Central Air
  • 1-Story Property

About This Home

As of April 2025

Value-Add Opportunity: This 5 Units present a compelling value-add opportunity in Bakersfield, CA, featuring five individual 2-bedroom, 1-bathroom units totaling 3,824 sq ft. Each unit offers private front and back yards, garage access to each unit, and alley access with ample space for RV or trailer parking. The property boasts a strong pro forma rental income potential, presenting significant upside through strategic renovations and tenant management.

Last Agent to Sell the Property

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 03/10/2025

Last Buyer's Agent

Alejandro Mora

The Mora Partners Inc. License #01820381

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Parking

  • 5 Car Garage

Interior Spaces

  • 3,824 Sq Ft Home
  • 1-Story Property

Schools

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

Additional Features

  • 0.64 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 11322006

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $21,900
  • Net Operating Income $25,330

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1952
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.6400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3824.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 5
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 27878.00
  • Parcel #: 11322006

Multi Family

  • Total Annual Expense: 6570.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 21900.00
  • Property Net Operating Income: 25330.00

MLS Schools

  • Elementary School: Wingland

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $515,000 -6.4% $135 / Sq Ft
03/10/2025 03/10/25 For Sale $550,000 -- $144 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502810

Bakersfield Association of REALTORS® / GEMLS