$7,100,000
PENDING

Estimated payment $45,486/month

Total Views 2,523
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

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

About This Home

Welcome to the newly constructed 24 unit neighborhood in Southwest Bakersfield! These properties will feature (12) two bedroom and two bathroom units along with (12) 3 bedroom and two bathroom units adjoined by a two-car garage. The location of these units is truly exceptional, offering convenient access to the 99 Freeway.

Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 08/01/2025

Co-Listing Agent

Robin Hundal

Central Valley Property Adviso License #02155399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Schools

  • Miller Elementary School
  • Stonecreek Middle School
  • Ridgeview High School

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • 24 Units

Building Details

  • Gross Income $633,600
  • Net Operating Income $445,620

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2025
  • Building Stories: 1
  • Deposit Amount Required: 70000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 2.2500
  • Co List Office Mls Id: 11174
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Stonecreek

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 98010.00
  • Parcel #: NEW OR UNDER CONSTRUCTION

Multi Family

  • Total Annual Expense: 190980.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 24
  • Existing Lease Type: Net
  • Annual Gross Income: 633600.00
  • Property Net Operating Income: 445620.00

MLS Schools

  • Elementary School: Miller, Douglas

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $7,100,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

About the Listing Agent

Eric Van Denk

Central Valley Property Adviso

(866) 973-1629

Section Image

Eric's Other Listings

  • 5001 Appleblossom Dr, Bakersfield, CA 93309

    $5,500,000

    • 14,408 Sq Ft
    • 5001 Appleblossom Dr
    • Bakersfield, CA

    We are pleased to present this charming Southwest Bakersfield apartment complex!! This 34-unit apartment complex is perfectly situated in the highly desirable Southwest Bakersfield with current gross rents at over $560,000 a year. This property also comes with approved plans to add 2 additional ADU units with a completely redone exterior do not miss out. The pride of ownership at this location

    Eric Van Denk Central Valley Property Adviso

    Section Image
  • 2325 Chester Ln, Bakersfield, CA 93304

    $1,740,000

    • 7,280 Sq Ft
    • 2325 Chester Ln
    • Bakersfield, CA

    Introducing an enchanting fourteen-unit cottage-style apartment complex for sale. Comprising fourteen (14) one-bedroom, one-bathroom units, set on a 27,007 sq.ft. lot with 7,280 sq.ft. of gross rentable space. The majority of units underwent renovations in 2021 and has plenty of room for rental increases. Nestled in Bakersfield's coveted downtown, these cottages promise low vacancy rates. Don't

    Eric Van Denk Central Valley Property Adviso

    Section Image
  • 1102 Gage St, Bakersfield, CA 93305

    $640,000

    • 9 Beds
    • 3 Baths
    • 3,800 Sq Ft
    • 1102 Gage St
    • Bakersfield, CA

    A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit,

    Eric Van Denk Central Valley Property Advisors

    Section Image
  • 1500 Columbus St, Bakersfield, CA 93305

    $675,000

    • 5,376 Sq Ft
    • 1500 Columbus St
    • Bakersfield, CA

    Excellent investment opportunity at 1500 Columbus St. This well-positioned 4-unit property offers a desirable unit mix of two spacious 3-bedroom, 2-bath units and two 2-bedroom, 1.5-bath unit, perfect for attracting a wide range of tenants. Located just minutes from Bakersfield College, this property benefits from strong rental demand and there is significant rental income upside for investors

    Eric Van Denk Central Valley Property Adviso

    Section Image
  • 2700 Cornell St, Bakersfield, CA 93305

    $2,100,000

    • 16,810 Sq Ft
    • 2700 Cornell St
    • Bakersfield, CA

    Exceptional multi-family investment opportunity at 2700 Cornell St, Bakersfield, CA! This well-maintained 17-unit property features a strong and desirable unit mix with sixteen spacious 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit, attracting long-term tenants and maximizing rental appeal. Located in a high-demand rental market, this asset consistently produces strong rental income

    Eric Van Denk Central Valley Property Adviso

    Section Image
  • 2709 Haley St, Bakersfield, CA 93305

    $645,000

    • 3,922 Sq Ft
    • 2709 Haley St
    • Bakersfield, CA

    This well-maintained 4-unit property at 2709 Haley St. features four spacious 2-bedroom, 1.5-bath units, each offering comfortable layouts ideal for long-term tenants. Located in a high-demand rental market, this property benefits from Bakersfield's strong rental growth and low vacancy rates. With consistent rental income potential, this is a smart addition to any portfolio. Conveniently situated

    Eric Van Denk Central Valley Property Adviso

    Section Image
  • 2713 Haley St, Bakersfield, CA 93305

    $645,000 Pending

    • 3,922 Sq Ft
    • 2713 Haley St
    • Bakersfield, CA

    This well-maintained 4-unit property at 2713 Haley St. features four spacious 2-bedroom, 1.5-bath units, each offering comfortable layouts ideal for long-term tenants. Located in a high-demand rental market, this property benefits from Bakersfield's strong rental growth and low vacancy rates. With consistent rental income potential, this is a smart addition to any portfolio. Conveniently situated

    Eric Van Denk Central Valley Property Adviso

    Section Image
  • 2704 Cornell St, Bakersfield, CA 93305

    $4,050,000

    • 16,810 Sq Ft
    • 2704 Cornell St
    • Bakersfield, CA

    This property, comprised of 29 units, presents an excellent investment opportunity. The majority of the units have been thoroughly renovated, both internally and externally. Additionally, the property includes an on-site laundry facility and covered parking for residents. Its prime location, in close proximity to shopping and dining options, makes it an attractive choice for tenants. Do not let

    Eric Van Denk Central Valley Property Adviso

    Section Image

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202508669

Bakersfield Association of REALTORS® / GEMLS