$560,000

5716 Castlegate Ln Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated payment $3,602/month

Total Views 36
-- Bed
-- Bath
2,782 Sq Ft
$201 Price per Sq Ft

About This Home

Offered at $560,000, 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.

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/17/2026

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

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2003
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1800
  • Subdivision Name: Lot Line Adjustment No 12 95
  • Garage Yn: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2782.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Private: No

Garage/Parking

  • Number Of Garages: 2
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7841.00
  • Parcel #: 36417071

Multi Family

  • Total Annual Expense: 14000.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 43320.00
  • Property Net Operating Income: 27587.00

MLS Schools

  • Elementary School: San Lauren

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
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
Source: Public Records

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
07/17/2026 07/17/26 For Sale $560,000 -- $201 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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
Source: Public Records

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: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202607609

Bakersfield Association of REALTORS® / GEMLS

APN: 364-170-71-00-9

California Kern County Bakersfield 93308 Olive Drive Area

5716 Castlegate Ln, 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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Marc Thurston
Listing Agent
Marc Thurston
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ASU Commercial
(661) 616-3585
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