$1,178,000
SOLD JAN 24, 2025

7008 Pierre Joseph Ln Bakersfield, CA 93313

Panama Neighborhood
-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

6 Days on Market

About This Home

As of January 2025

We are delighted to present for sale this unique opportunity to acquire two-homes-on-one-lot style Duplexes. The layout of these properties offer three (3) bedroom, two (2) bathroom units, (2) bedroom, two (2) bathroom units. These duplexes are thoughtfully designed to accommodate a diverse tenant base, offering an attractive unit mix that appeals to families, professionals, and individuals alike. Embrace the future of sustainable living with paid solar panels for each duplex, reducing utility costs for both you and your tenants. Additionally, the implementation of Ratio Utility Billing System (RUBS) for all utilities, including common area PGE, ensures maximum earnings and streamlined operations. Don't miss the opportunity to add this exceptional property to your portfolio, as it seeks to be the highest earning asset you've ever owned.

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696

Co-Listed By

Esteban Contreras

Watson Realty License #01975384

Last Buyer's Agent

Garry Singh

Bluehorse Real Estate, Inc. License #01906671

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Parking

  • Uncovered Parking

Schools

  • Miller Elementary School
  • Stonecreek Middle School
  • Ridgeview High School

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 53850025

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $291,600
  • Net Operating Income $218,700

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2024
  • Building Stories: 1
  • Deposit Amount Required: 20000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.1700
  • Co List Office Mls Id: 11174
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Stonecreek

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 53850025

Multi Family

  • Total Annual Expense: 72900.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 291600.00
  • Property Net Operating Income: 218700.00

MLS Schools

  • Elementary School: Miller, Douglas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $1,178,000 0.0% --
02/26/2024 02/26/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $1,178,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

About the Listing Agent

Eric Van Denk
Eric Van Denk

Central Valley Property Adviso

(419) 206-7117

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View Eric's Profile

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202412863

Bakersfield Association of REALTORS® / GEMLS

California Kern County Bakersfield 93313 Panama

7008 Pierre Joseph Ln, Bakersfield, CA

Homes for Sale in Bakersfield, CA

This home is located at 7008 Pierre Joseph Ln, Bakersfield, CA 93313 and is currently priced at $1,178,000. This property was built in 2024. 7008 Pierre Joseph Ln is a home located in Kern County with nearby schools including Douglas J. Miller Elementary School, Stonecreek Junior High School, and Ridgeview High School.

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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