5716 Castlegate Ln Bakersfield, CA 93308
Olive Drive Area NeighborhoodEstimated payment $3,415/month
About This Home
Offered at $520,000, 5716-5718 Castlegate Lane presents an excellent investment opportunity in desirable Northwest Bakersfield. Built in 2003, this duplex offers approximately 2,782 square feet and consists of two spacious townhouse-style units, each featuring three bedrooms, two-and-a-half bathrooms, an attached two-car garage, and laundry hookups. Current monthly rents are $1,485 and $2,125, providing combined monthly income of $3,610 with potential rental upside. The adjacent duplex at 5706-5708 Castlegate Lane is also available for purchase, creating a rare opportunity for an investor to acquire two neighboring duplexes and a total of four units in one convenient location.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2003
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,782 Sq Ft Home
- 2-Story Property
Schools
- San Lauren Elementary School
- Beardsley Middle School
- North High School
Additional Features
- 7,841 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 36417071
Community Details
Overview
- 2 Units
- Lot Line Adjustment No 12 95 Subdivision
Building Details
- Gross Income $43,320
- Net Operating Income $27,587
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,714 | $410,714 | $66,243 | $344,471 |
| 2025 | $6,714 | $402,662 | $64,945 | $337,717 |
| 2024 | $6,526 | $394,768 | $63,672 | $331,096 |
| 2023 | $6,378 | $387,028 | $62,424 | $324,604 |
| 2022 | $6,132 | $379,440 | $61,200 | $318,240 |
| 2021 | $4,080 | $218,727 | $54,681 | $164,046 |
| 2020 | $3,935 | $216,485 | $54,121 | $162,364 |
| 2019 | $3,899 | $216,485 | $54,121 | $162,364 |
| 2018 | $3,771 | $208,080 | $52,020 | $156,060 |
| 2017 | $3,700 | $204,000 | $51,000 | $153,000 |
| 2016 | $3,513 | $200,000 | $50,000 | $150,000 |
| 2015 | $4,154 | $262,000 | $65,500 | $196,500 |
| 2014 | $3,351 | $195,000 | $48,750 | $146,250 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | Price Changed | $520,000 | -7.1% | $187 / Sq Ft |
| 07/29/2026 07/29/26 | For Sale | $560,000 | 0.0% | $201 / Sq Ft |
| 07/21/2026 07/21/26 | Pending | -- | -- | -- |
| 07/17/2026 07/17/26 | For Sale | $560,000 | -- | $201 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Placer Title | |
| Deed | -- | Placer Title | |
| Grant Deed | $372,000 | Placer Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $200,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $260,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $130,000 | First American Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $113,000 | Credit Line Revolving | |
| Previous Owner | $208,000 | New Conventional |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202607609
APN: 364-170-71-00-9
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