4502 Pebble Creek Dr Bakersfield, CA 93312
Riverlakes NeighborhoodEstimated payment $5,632/month
Highlights
- 0.34 Acre Lot
- Central Heating and Cooling System
- 1-Story Property
- Centennial High School Rated A-
About This Home
Rare opportunity to acquire a fully occupied four-unit multifamily property in Northwest Bakersfield, one of the city's strongest rental markets. The property features an attractive unit mix of two (2) 2-bedroom/2-bath units and two (2) 3-bedroom/2-bath units, providing broad tenant appeal and reliable occupancy.Each unit includes an attached garage and laundry hookups, amenities highly valued by tenants. The newer construction offers investors lower anticipated maintenance and capital expenditure requirements compared to older multifamily assets.With 100% occupancy, strong in-place income, and a desirable location near major shopping, dining, and employment centers, this turnkey investment presents an excellent opportunity to own an income-producing asset in one of Bakersfield's most sought-after rental submarkets.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1999
Interior Spaces
- 4,128 Sq Ft Home
- 1-Story Property
Schools
- Endeavour Elementary School
- Fruitvale Middle School
- Centennial High School
Additional Features
- 14,810 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 45149104
Community Details
Overview
- 4 Units
Building Details
- Gross Income $82,680
- Net Operating Income $53,742
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,633 | $422,644 | $92,205 | $330,439 |
| 2024 | $7,316 | $414,358 | $90,398 | $323,960 |
| 2023 | $7,316 | $406,234 | $88,626 | $317,608 |
| 2022 | $7,150 | $398,270 | $86,889 | $311,381 |
| 2021 | $6,763 | $390,462 | $85,186 | $305,276 |
| 2020 | $6,705 | $386,459 | $84,313 | $302,146 |
| 2019 | $6,372 | $386,459 | $84,313 | $302,146 |
| 2018 | $6,420 | $371,454 | $81,040 | $290,414 |
| 2017 | $6,279 | $364,171 | $79,451 | $284,720 |
| 2016 | $5,920 | $357,032 | $77,894 | $279,138 |
| 2015 | $5,856 | $351,670 | $76,724 | $274,946 |
| 2014 | $5,729 | $344,783 | $75,222 | $269,561 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | Pending | -- | -- | -- |
| 06/19/2026 06/19/26 | For Sale | $925,000 | -- | $224 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | American Title Co | |
| Interfamily Deed Transfer | -- | American Title Co | |
| Grant Deed | $275,000 | American Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $192,000 | New Conventional | |
| Previous Owner | $190,500 | New Conventional | |
| Previous Owner | $206,250 | No Value Available |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202606678
APN: 451-491-04-00-0
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Ask me questions while you tour the home.