$450,000

505 Washington Ave Bakersfield, CA 93308

Estimated payment $2,813/month

Total Views 1,044
-- Bed
-- Bath
2,324 Sq Ft
$194 Price per Sq Ft

About This Home

Opportunity for a triplex in Oildale. Each unit is 2 bedrooms, 1 bath. Close to local amenities - shopping, school, and area park.

Listing Agent

Michael Freedman

American Real Estate License #01212171 Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1975

Parking

  • Uncovered Parking

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property

Schools

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

Additional Features

  • 6,098 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 11309210

Community Details

Overview

  • 3 Units
  • Homecrest Subdivision

Building Details

  • Gross Income $42,444
  • Net Operating Income $36,259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1975
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2324.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Zoning Description: Triplex or 3 LIV UN ON 1
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 11309210

Multi Family

  • Total Annual Expense: 6184.76
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 42444.00
  • Property Net Operating Income: 36259.24

MLS Schools

  • Elementary School: Wingland

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,985 $192,287 $36,051 $156,236
2024 $4,796 $188,518 $35,345 $153,173
2023 $4,796 $184,822 $34,652 $150,170
2022 $4,495 $181,199 $33,973 $147,226
2021 $4,234 $177,647 $33,307 $144,340
2020 $4,234 $175,826 $32,966 $142,860
2019 $3,977 $175,826 $32,966 $142,860
2018 $3,826 $169,000 $31,687 $137,313
2017 $3,783 $165,687 $31,066 $134,621
2016 $3,540 $162,439 $30,457 $131,982
2015 $3,260 $139,346 $30,738 $108,608
2014 $3,196 $136,617 $30,136 $106,481
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $450,000 +230.9% $194 / Sq Ft
03/04/2013 03/04/13 Sold $136,000 -2.9% $59 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $140,000 -- $60 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $160,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed $136,000 First American Title Company
Grant Deed $110,000 Chicago Title Company
Interfamily Deed Transfer -- Alliance Title
Grant Deed $270,000 Alliance Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $82,500 New Conventional
Previous Owner $216,000 Stand Alone First
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202504555

Bakersfield Association of REALTORS® / GEMLS

APN: 113-092-10-00-3

California Kern County Bakersfield 93308

505 Washington Ave, Bakersfield, CA

This home is located at 505 Washington Ave, Bakersfield, CA 93308 and is currently priced at $450,000, approximately $193 per square foot. This property was built in 1975. 505 Washington Ave is a home located in Kern County with nearby schools including Wingland Elementary School, Standard Middle School, and North High School.

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. 2025.

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Listing Agent
Michael Freedman
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American Real Estate
(661) 331-9555