Estimated payment $6,832/month
About This Home
Located just 20 minutes from the upcoming Hard Rock Hotel and Casino, set to open in 2025, this 1.87-acre property offers a rare investment opportunity with 7 income-generating units and development potential! This unique property features: Unit 1: A spacious 4-bedroom, 2-bathroom front house with a private yard. Unit 2: A cozy studio with its own private yard. Units 3-6: A fourplex, each unit offering 1 bedroom, 1 bathroom, carports, and private patios. Unit 7: A 2-bedroom, 1-bathroom back house with a patio and private backyard. With multi-unit housing in high demand, this property is perfectly positioned to take advantage of its proximity to a major future attraction while offering immediate rental income and potential for further development. Don't miss this unique opportunityschedule your showing today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Interior Spaces
- 3,764 Sq Ft Home
- 2-Story Property
Parking
- 15 Car Parking Spaces
- Uncovered Parking
Schools
- Bear Mountain Elementary School
- Haven Drive Middle School
- Arvin High School
Additional Features
- 1.87 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 19106007
Community Details
Overview
- 7 Units
- Foothill Citrus Farm Companys Subdivision
Building Details
- Gross Income $88,200
- Net Operating Income $73,200
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 | $22,641 | $1,029,371 | $212,241 | $817,130 |
| 2024 | $22,641 | $1,009,188 | $208,080 | $801,108 |
| 2023 | $21,928 | $989,400 | $204,000 | $785,400 |
| 2022 | $13,405 | $259,556 | $144,869 | $114,687 |
| 2021 | $13,005 | $254,468 | $142,029 | $112,439 |
| 2020 | $13,005 | $251,860 | $140,573 | $111,287 |
| 2019 | $8,450 | $251,860 | $140,573 | $111,287 |
| 2018 | $8,280 | $242,081 | $135,115 | $106,966 |
| 2017 | $7,969 | $237,335 | $132,466 | $104,869 |
| 2016 | $7,596 | $232,682 | $129,869 | $102,813 |
| 2015 | $7,321 | $229,188 | $127,919 | $101,269 |
| 2014 | $7,072 | $224,700 | $125,414 | $99,286 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2025 03/17/25 | Price Changed | $959,900 | -0.5% | $255 / Sq Ft | |
| 03/10/2025 03/10/25 | Price Changed | $964,900 | -3.5% | $256 / Sq Ft | |
| 11/29/2024 11/29/24 | Price Changed | $999,900 | -9.1% | $266 / Sq Ft | |
| 11/20/2024 11/20/24 | Price Changed | $1,100,000 | +10.0% | $292 / Sq Ft | |
| 11/20/2024 11/20/24 | For Sale | $1,000,100 | +2.8% | $266 / Sq Ft | |
| 03/28/2022 03/28/22 | Sold | $972,500 | 0.0% | $258 / Sq Ft | View Prior Sale |
| 03/28/2022 03/28/22 | Sold | $972,500 | -0.3% | $258 / Sq Ft | View Prior Sale |
| 02/26/2022 02/26/22 | Pending | -- | -- | -- | |
| 01/15/2022 01/15/22 | Price Changed | $975,000 | -13.3% | $259 / Sq Ft | |
| 12/20/2021 12/20/21 | For Sale | $1,125,000 | +13.1% | $299 / Sq Ft | |
| 11/29/2021 11/29/21 | For Sale | $995,000 | -- | $264 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202411899
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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Ask me questions while you tour the home.