$749,000
PENDING

Estimated payment $4,471/month

Total Views 607
-- Bed
-- Bath
4,128 Sq Ft
$181 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 5-minute walk to Corvallis Park

About This Home

Located on one of Bakersfield's most desirable fourplex streets, 6701 Klamath Way offers a rare opportunity to own a well-maintained asset surrounded by mature trees and distinctive architecture that gives each property on the street its own unique character. Built in 1983, this single-level fourplex spans approximately 4,128 square feet and features a highly attractive unit mix of one spacious 3-bedroom/2-bath unit and three 2-bedroom/1-bath units, all with garage parking and convenient laundry hookups. With rents effective May 1, 2026 ranging from $1,040 to $1,180very low rents-positioned relative to market comparablesthis property presents a strong upside potential. Priced at $749,000, this is an exceptional investment opportunity in a sought-after Bakersfield location with enduring tenant appeal.

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 04/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Parking

  • 4 Car Garage

Interior Spaces

  • 4,128 Sq Ft Home
  • 1-Story Property

Schools

  • Laurelglen Elementary School
  • Tevis Middle School
  • Bakersfield High School

Additional Features

  • 13,939 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38130029

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $52,320
  • Net Operating Income $26,627

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.3200
  • Subdivision Name: 4275
  • Garage Yn: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4128.00

Exterior Features

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

Garage/Parking

  • Number Of Garages: 4
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Tevis

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 38130029

Multi Family

  • Total Annual Expense: 23600.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 52320.00
  • Property Net Operating Income: 26627.00

MLS Schools

  • Elementary School: Laurelglen

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

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 $5,997 $297,683 $64,263 $233,420
2024 $5,877 $291,847 $63,003 $228,844
2023 $5,877 $286,125 $61,768 $224,357
2022 $5,620 $280,515 $60,557 $219,958
2021 $5,239 $275,016 $59,370 $215,646
2020 $5,084 $272,197 $58,762 $213,435
2019 $5,014 $272,197 $58,762 $213,435
2018 $4,825 $261,629 $56,481 $205,148
2017 $4,754 $256,500 $55,374 $201,126
2016 $4,508 $251,472 $54,289 $197,183
2015 $4,457 $247,696 $53,474 $194,222
2014 $4,345 $242,845 $52,427 $190,418
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 Pending -- -- --
04/20/2026 04/20/26 For Sale $749,000 0.0% $181 / Sq Ft
04/03/2026 04/03/26 Pending -- -- --
04/01/2026 04/01/26 For Sale $749,000 -- $181 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Grant Deed $200,000 Fidelity National Title Co
Individual Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202603459

Bakersfield Association of REALTORS® / GEMLS

APN: 381-300-29-00-0

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