Estimated payment $5,974/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
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
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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