$460,000
PENDING

511 Niles St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated payment $2,867/month

Total Views 171
-- Bed
-- Bath
2,585 Sq Ft
$178 Price per Sq Ft

About This Home

Fully occupied Properties, all units are section 8 tenants and are due for rent increases. Great 1031 exchange opportunity or portfolio value add deal. Contact me for more info.

Listing Agent

Joshua Stone

Benchmark Real Estate Group License #02122531 Listed on: 03/16/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Parking

  • Uncovered Parking

Interior Spaces

  • 2,585 Sq Ft Home
  • 1-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • Bakersfield High School

Additional Features

  • 11,325 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01408003

Community Details

Overview

  • 4 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $40,572
  • Net Operating Income $28,124

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1953
  • Building Stories: 1
  • Deposit Amount Required: 6000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.2600
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2585.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 11325.00
  • Parcel #: 01408003

Multi Family

  • Total Annual Expense: 12448.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 40572.00
  • Property Net Operating Income: 28124.00

MLS Schools

  • Elementary School: Longfellow

Map

Range of Values:

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

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Average Value
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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

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 $5,132 $199,615 $34,815 $164,800
2024 $4,994 $195,702 $34,133 $161,569
2023 $4,994 $191,865 $33,464 $158,401
2022 $4,818 $188,104 $32,808 $155,296
2021 $4,441 $184,416 $32,165 $152,251
2020 $4,309 $182,526 $31,836 $150,690
2019 $4,233 $182,526 $31,836 $150,690
2018 $4,155 $175,440 $30,600 $144,840
2017 $4,122 $172,000 $30,000 $142,000
2016 $5,041 $126,333 $15,532 $110,801
2015 $5,531 $124,436 $15,299 $109,137
2014 $3,276 $122,000 $15,000 $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Pending -- -- --
03/25/2026 03/25/26 For Sale $460,000 0.0% $178 / Sq Ft
03/16/2026 03/16/26 Pending -- -- --
03/16/2026 03/16/26 For Sale $460,000 +157.9% $178 / Sq Ft
10/31/2016 10/31/16 Sold $178,354 -10.8% $69 / Sq Ft View Prior Sale
10/01/2016 10/01/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $199,900 -- $77 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202602818

Bakersfield Association of REALTORS® / GEMLS

APN: 014-080-03-00-4

California Kern County Bakersfield 93305 East Bakersfield

511 Niles St, Bakersfield, CA

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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