Estimated payment $2,763/month
About This Home
531 H St has been thoughtfully remodeled with a focus on modern comfort and energy efficiency. Recent upgrades include new dual-pane windows, updated HVAC systems, and full insulation enhancements designed to maximize efficiency, complemented by solar for added savings. Each unit offers a spacious 3-bedroom, 1-bath layout, featuring a bright open-concept kitchen and living area ideal for both everyday living and entertaining. Kitchens are appointed with granite countertops, and each unit includes a convenient in-unit laundry closet. This is a fantastic opportunity for both investors and owner-occupants seeking a turnkey property with strong rental potential and long-term efficiency benefits.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Parking
- Uncovered Parking
Home Design
- Duplex
Interior Spaces
- 1,580 Sq Ft Home
- 1-Story Property
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 4,791 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00725204
Community Details
Overview
- 2 Units
Building Details
- Gross Income $45,600
- Net Operating Income $40,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,529 | $290,000 | $45,000 | $245,000 |
| 2024 | $4,529 | $290,000 | $45,000 | $245,000 |
| 2023 | $4,263 | $270,000 | $40,000 | $230,000 |
| 2022 | $3,985 | $250,000 | $50,000 | $200,000 |
| 2021 | $3,406 | $200,000 | $30,000 | $170,000 |
| 2020 | $3,060 | $175,000 | $40,000 | $135,000 |
| 2019 | $2,983 | $170,000 | $50,000 | $120,000 |
| 2018 | $2,719 | $150,000 | $40,000 | $110,000 |
| 2017 | $2,541 | $134,000 | $30,000 | $104,000 |
| 2016 | $2,475 | $141,000 | $20,000 | $121,000 |
| 2015 | $2,398 | $134,000 | $30,000 | $104,000 |
| 2014 | $1,637 | $70,000 | $20,000 | $50,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/28/2026 03/28/26 | For Sale | $450,000 | -- | $285 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $120,000 | Chicago Title | |
| Grant Deed | $120,000 | Chicago Title | |
| Grant Deed | -- | Placer Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | New Conventional | |
| Closed | $135,000 | New Conventional | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $252,543 | FHA |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202603327
APN: 007-252-04-00-8
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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