$960,000

Estimated payment $6,662/month

-- Bed
-- Bath
6,534 Sq Ft
$147 Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Located at 600 S Real Rd in Bakersfield, CA 93309, this 8-unit multifamily asset features a uniform floor plan of 2-bedroom, 1-bathroom units, offering operational simplicity and strong tenant appeal. The property currently generates gross annual income in excess of $104,000, reflecting consistent, in-place cash flow from a fully uniform unit mix. Bakersfield's steady rental demand, supported by its diverse local economy and affordability relative to coastal California markets, positions the property for continued occupancy strength and upside potential through future rent growth or value-add improvements. With a consistent unit mix simplifying maintenance and management, 600 S Real Rd presents an attractive opportunity for investors seeking a well-positioned, income-producing multifamily asset in a growing Central Valley submarket.

Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 07/06/2026

Co-Listing Agent

Robin Hundal

Central Valley Property Adviso License #02155399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Carport

Interior Spaces

  • 6,534 Sq Ft Home
  • 1-Story Property

Schools

  • Munsey Elementary School
  • Curran Middle School
  • West High School

Additional Features

  • 18,730 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 14925002

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $104,880
  • Net Operating Income $62,928

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.43 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.4300
  • Co List Office Mls Id: 11174
  • Garage Yn: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 6534.00

Exterior Features

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

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Curran

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 18730.00
  • Parcel #: 14925002

Multi Family

  • Total Annual Expense: 41952.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 8
  • Existing Lease Type: Net
  • Annual Gross Income: 104880.00
  • Property Net Operating Income: 62928.00

MLS Schools

  • Elementary School: Munsey, Millie

Map

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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 $18,080 $1,029,996 $135,252 $894,744
2024 $18,080 $1,009,800 $132,600 $877,200
2023 $17,107 $990,000 $130,000 $860,000
2022 $9,857 $416,000 $62,000 $354,000
2021 $9,365 $416,000 $62,000 $354,000
2020 $9,365 $416,000 $62,000 $354,000
2019 $9,059 $416,000 $62,000 $354,000
2018 $10,176 $416,000 $62,000 $354,000
2017 $9,979 $416,000 $62,000 $354,000
2016 $4,729 $260,000 $39,000 $221,000
2015 $5,874 $360,000 $60,000 $300,000
2014 $6,290 $360,000 $60,000 $300,000
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 Prior Sale
07/06/2026 07/06/26 For Sale $960,000 -3.0% $147 / Sq Ft
10/04/2022 10/04/22 Sold $990,000 -1.0% $152 / Sq Ft View Prior Sale
09/04/2022 09/04/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,000,000 -- $153 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202607282

Bakersfield Association of REALTORS® / GEMLS
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