$560,000

Estimated payment $3,761/month

Total Views 5,684
8 Beds
4 Baths
3,600 Sq Ft
$156 Price per Sq Ft

About This Home

Presenting a rare and exciting opportunity to own a four-unit property in the thriving Bakersfield market! Located at 707 Sterling Rd, this property offers incredible potential for long-term growth and a steady income stream. Each unit features 2 bedrooms and 1 bath, providing comfortable living spaces perfect for tenants.

At this competitive price, you’ll be investing in a property with tremendous appreciation potential as the market continues to rise rapidly. Whether you're a seasoned investor or a first-time buyer looking to build wealth, this property offers excellent value and the chance to create a reliable source of income.

Don't miss out on this unique chance to secure a profitable asset in a highly sought-after area. Act now before it’s gone!

Listing Agent

Jared Nunez

Ambiance Realty Brokerage Phone: 310-749-4626 License #01961731 Listed on: 03/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,011

Year Built

  • Built in 1982

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Tract Number 60
  • Assessor Parcel Number 13522123001
  • $1 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,011

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Price Per Unit: 140000
  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 13522123001
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 155.56

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Tract Number: 60
  • TaxOtherAnnualAssessmentAmount: 1.00

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

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 $8,011 $535,500 $102,000 $433,500
2024 $8,011 $452,574 $130,050 $322,524
2023 $7,747 $443,700 $127,500 $316,200
2022 $7,312 $435,000 $125,000 $310,000
2021 $5,641 $310,000 $50,000 $260,000
2020 $3,164 $104,694 $34,433 $70,261
2019 $3,110 $104,694 $34,433 $70,261
2018 $3,002 $100,631 $33,097 $67,534
2017 $3,124 $98,659 $32,449 $66,210
2016 $3,002 $96,725 $31,813 $64,912
2015 $2,993 $95,273 $31,336 $63,937
2014 $2,931 $93,408 $30,723 $62,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $545,999 -2.3% $152 / Sq Ft
06/10/2025 06/10/25 For Sale $559,000 -0.2% $155 / Sq Ft
03/11/2025 03/11/25 For Sale $560,000 +6.7% $156 / Sq Ft
04/09/2024 04/09/24 Sold $525,000 +6.1% $146 / Sq Ft
03/26/2024 03/26/24 Price Changed $495,000 -0.8% $138 / Sq Ft
03/26/2024 03/26/24 For Sale $499,000 0.0% $139 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/09/2024 02/09/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $499,000 0.0% $139 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
10/23/2023 10/23/23 For Sale $499,000 +14.7% $139 / Sq Ft
09/30/2021 09/30/21 Sold $435,000 +2.4% $121 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $425,000 -- $118 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $525,000 Fidelity National Title
Deed -- None Listed On Document
Grant Deed $435,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $310,000 Placer Title Company
Grant Deed $76,000 Fidelity National Title Co
Trustee Deed $89,000 --
Gift Deed -- --
Gift Deed -- --
Grant Deed $103,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $515,490 FHA
Previous Owner $427,121 FHA
Previous Owner $232,500 New Conventional
Previous Owner $282,750 Negative Amortization
Previous Owner $96,000 Unknown
Previous Owner $60,800 Seller Take Back
Previous Owner $82,400 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25054230

California Regional Multiple Listing Service (CRMLS)

APN: 135-221-23-00-1