NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold April 14, 2025

Last sale price $1,179,800

2 Days on Market

About This Home

As of April 2025

We are delighted to present for sale this unique opportunity to acquire two-homes-on-one-lot style Duplexes. The layout of this property offers three (3) bedroom, two (2) bathroom units, (2) bedroom, two (2) bathroom units. These duplexes are thoughtfully designed to accommodate a diverse tenant base, offering an attractive unit mix that appeals to families, professionals, and individuals alike. Embrace the future of sustainable living with paid solar panels for each duplex, reducing utility costs for both you and your tenants. Additionally, the implementation of Ratio Utility Billing System (RUBS) for all utilities, including common area PGE, ensures maximum earnings and streamlined operations. Don't miss the opportunity to add this exceptional property to your portfolio, as it seeks to be the highest earning asset you've ever owned.

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 02/20/2024

Last Buyer's Agent

Hero Singh

Hero Real Estate, Inc. License #01402980

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 8,276

Parking

  • Uncovered Parking

Schools

  • Miller Elementary School
  • Stonecreek Middle School
  • Ridgeview High School

Additional Features

  • 1-Story Property
  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $194,400
  • Net Operating Income $145,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2024
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1900
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Stonecreek

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 8276.00
  • Parcel #: NEW OR UNDER CONSTRUCTION

Multi Family

  • Total Annual Expense: 48600.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 194400.00
  • Property Net Operating Income: 145800.00

MLS Schools

  • Elementary School: Miller, Douglas
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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 List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $1,179,800 0.0% --
02/22/2024 02/22/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $1,179,800 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202412869

Bakersfield Association of REALTORS® / GEMLS