6524 Mohawk St Bakersfield, CA 93308
Olive Drive Area NeighborhoodEstimated payment $4,544/month
About This Home
4-unit residential income property with 2 units occupied and 2 units vacant, offering immediate income with the ability to lease remaining units at market rent.Unit mix consists of one 3-bedroom, 1-bath unit and three 2-bedroom, 1-bath units. The 3-bedroom unit is currently rented at $1,700/month, and 2-bedroom units are projected at $1,500/month, providing strong income potential.Property is move-in ready with room to increase value over time through rent adjustments or improvements.Can be purchased using FHA, VA, Conventional, or Investment financing. Option to live in one unit and rent the others, or operate as a full investment property.Located in an established Bakersfield neighborhood with access to nearby amenities
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1982
Interior Spaces
- 3,260 Sq Ft Home
- 2-Story Property
Parking
- 1 Car Garage
- Uncovered Parking
Schools
- San Lauren Elementary School
- Beardsley Middle School
- North High School
Additional Features
- 7,840 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 36419002
Community Details
Overview
- 4 Units
Building Details
- Gross Income $69,600
- Net Operating Income $49,600
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,634 | $655,000 | $130,000 | $525,000 |
| 2024 | $10,634 | $596,700 | $127,500 | $469,200 |
| 2023 | $10,372 | $585,000 | $125,000 | $460,000 |
| 2022 | $9,013 | $498,780 | $153,000 | $345,780 |
| 2021 | $7,750 | $414,247 | $75,777 | $338,470 |
| 2020 | $7,465 | $410,000 | $75,000 | $335,000 |
| 2019 | $5,294 | $236,047 | $53,107 | $182,940 |
| 2018 | $5,108 | $226,883 | $51,046 | $175,837 |
| 2017 | $5,003 | $222,436 | $50,046 | $172,390 |
| 2016 | $4,788 | $218,075 | $49,065 | $169,010 |
| 2015 | $4,667 | $214,800 | $48,328 | $166,472 |
| 2014 | $4,322 | $189,000 | $30,000 | $159,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $689,990 | +17.9% | $212 / Sq Ft | |
| 10/11/2022 10/11/22 | Sold | $585,000 | 0.0% | $179 / Sq Ft | View Prior Sale |
| 09/20/2022 09/20/22 | For Sale | $585,000 | +42.5% | $179 / Sq Ft | |
| 11/21/2019 11/21/19 | Sold | $410,500 | -3.4% | $126 / Sq Ft | View Prior Sale |
| 10/22/2019 10/22/19 | Pending | -- | -- | -- | |
| 09/25/2019 09/25/19 | For Sale | $425,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $655,000 | Timios Title | |
| Grant Deed | $585,000 | Chicago Title | |
| Grant Deed | -- | Timios Title A Ca Corp | |
| Grant Deed | -- | Timios Title A Ca Corp | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $415,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $200,000 | First American Title Company | |
| Trustee Deed | $190,000 | Accommodation | |
| Grant Deed | $410,000 | Chicago Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | $390,000 | Ticor Title | |
| Grant Deed | $295,000 | Chicago Title | |
| Grant Deed | -- | -- | |
| Grant Deed | $500 | Stewart Title | |
| Corporate Deed | $86,000 | First American Title Co | |
| Trustee Deed | $95,000 | Fidelity National Title Ins | |
| Grant Deed | $135,000 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $655,000 | VA | |
| Previous Owner | $321,000 | New Conventional | |
| Previous Owner | $307,875 | No Value Available | |
| Previous Owner | $220,500 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $328,000 | Purchase Money Mortgage | |
| Previous Owner | $312,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $205,100 | Purchase Money Mortgage | |
| Previous Owner | $81,600 | No Value Available | |
| Previous Owner | $77,400 | No Value Available | |
| Previous Owner | $108,000 | No Value Available | |
| Closed | $13,500 | No Value Available | |
| Closed | $58,600 | No Value Available |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202603223
APN: 364-190-02-00-5
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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