$702,500

5703 Fairfax Rd Bakersfield, CA 93306

College Heights Neighborhood

Estimated payment $4,224/month

Total Views 6,943
-- Bed
-- Bath
4,613 Sq Ft
$152 Price per Sq Ft

About This Home

Opportunity for a fourplex in NE Bakersfield. Each unit is 3 bedrooms, 1.75 bath. Uncovered parking and separate garages. Close to area amenities including local shopping centers, restaurants, and thoroughfares.

Listing Agent

Michael Freedman

American Real Estate License #01212171 Listed on: 02/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Parking

  • Uncovered Parking

Interior Spaces

  • 4,613 Sq Ft Home
  • 2-Story Property

Schools

  • Thorner Elementary School
  • Chipman Middle School
  • Highland School

Additional Features

  • 0.56 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 43909002

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $60,000
  • Net Operating Income $52,612

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1988
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.5600
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4613.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Highland
  • Middle Or Junior School: Chipman

Lot Info

  • Zoning Description: Four-plex
  • Lot Size Sq Ft: 24393.00
  • Parcel #: 43909002

Multi Family

  • Total Annual Expense: 7388.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 60000.00
  • Property Net Operating Income: 52612.00

MLS Schools

  • Elementary School: Thorner, Juliet

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $6,647 $351,688 $72,128 $279,560
2024 $6,372 $344,793 $70,714 $274,079
2023 $6,372 $338,033 $69,328 $268,705
2022 $6,188 $331,406 $67,969 $263,437
2021 $5,802 $324,909 $66,637 $258,272
2020 $5,666 $321,578 $65,954 $255,624
2019 $5,557 $321,578 $65,954 $255,624
2018 $5,437 $309,093 $63,394 $245,699
2017 $5,399 $303,033 $62,151 $240,882
2016 $5,008 $297,092 $60,933 $236,159
2015 $4,968 $292,630 $60,018 $232,612
2014 $4,700 $277,000 $35,000 $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 For Sale $702,500 -- $152 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed -- Fidelity National Title Co
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202502249

Bakersfield Association of REALTORS® / GEMLS

APN: 439-090-02-00-1

California Kern County Bakersfield 93306 College Heights

5703 Fairfax Rd, Bakersfield, CA

For Sale

MultiFamily

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.

Nearby Homes
Listing Agent
Michael Freedman
Section Image
American Real Estate
(661) 331-9555