7000 N Half Moon Dr Bakersfield, CA 93309
Laurelglen NeighborhoodEstimated payment $4,940/month
Highlights
- No HOA
- Living Room
- Formal Entry
- Balcony
- Laundry Room
- Tile Flooring
About This Home
Positioned in a premier Southwest Bakersfield location, 7000 N Half Moon Dr represents an exceptional opportunity to acquire a well-maintained four-unit investment property with strong income potential. Showcasing attractive curb appeal, mature landscaping, and extensive recent upgrades, this asset is ideally suited for both seasoned and first-time investors. The property features a desirable unit mix consisting of one expansive three-bedroom, one-and-a-half-bath residence and three well-proportioned two-bedroom, one-bath units. Each residence offers a private backyard, providing an ideal setting for outdoor enjoyment, along with dedicated garage parking. The three-bedroom unit includes a two-car garage, while each two-bedroom unit benefits from a one-car garage in addition to assigned parking. Significant capital improvements have been completed, including renovations to three of the four units, fresh exterior paint, new privacy fencing, updated garage doors, and modernized interior finishes such as flooring and paint. All units are equipped with washer and dryer hookups, enhancing tenant convenience and appeal. With rents currently below market levels, the property presents a compelling value-add opportunity with substantial upside in rental income. Its strategic location offers close proximity to quality schools, parks, dining, and convenient freeway access, further strengthening its long-term investment appeal. This is a rare opportunity to secure a competitively priced fourplex in one of Southwest Bakersfield’s most desirable submarkets.
Listing Agent
Pinnacle Estate Properties, In Brokerage Phone: 818-731-4649 License #01874911 Listed on: 04/06/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1982 | Remodeled
Lot Details
- 13,370 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Shared Driveway
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 4,022 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Formal Entry
- Living Room
- Attic Fan
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Additional Features
- Balcony
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 4275
- Assessor Parcel Number 38130014006
- $2,554 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $3,000
- Maintenance Expense $1,200
- Trash Expense $1,000
- Water Sewer Expense $2,400
- New Taxes Expense $9,700
- Operating Expense $17,300
- Gross Income $66,971
- Net Operating Income $49,671
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 | $10,266 | $766,633 | $174,230 | $592,403 |
| 2024 | $9,745 | $645,000 | $145,000 | $500,000 |
| 2023 | $9,745 | $603,000 | $125,000 | $478,000 |
| 2022 | $8,768 | $543,000 | $110,000 | $433,000 |
| 2021 | $8,483 | $543,000 | $109,000 | $434,000 |
| 2020 | $8,128 | $523,000 | $105,000 | $418,000 |
| 2019 | $8,147 | $523,000 | $105,000 | $418,000 |
| 2018 | $7,446 | $483,000 | $97,000 | $386,000 |
| 2017 | $7,689 | $503,000 | $101,000 | $402,000 |
| 2016 | $6,623 | $440,000 | $88,000 | $352,000 |
| 2015 | $5,525 | $342,000 | $51,000 | $291,000 |
| 2014 | $5,554 | $350,000 | $50,000 | $300,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $765,000 | -- | $190 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26073582
APN: 381-300-14-00-6
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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