Seller's Agent in 2024
Marc Thurston
ASU Commercial
(661) 862-5454
8 in this area
89 Total Sales
715 Eye St Bakersfield, CA 93304
Oleander-Sunset Neighborhood
2
Beds
1
Bath
2,286
Sq Ft
8,276
Sq Ft Lot
Highlights
- Heated Floors
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of June 2024715 Eye Street in Bakersfield, CA, is a multi-family property listed for $500,000, comprising three 2-bedroom/1-bath units and one studio. The building, constructed in two phases in 1898 and 1948, spans approximately 2,286 square feet. With a CAP rate of 5.68%, this property generates a gross scheduled income of $47,488 annually, presenting an investment opportunity with a balance of historical charm and functional rental spaces
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1898
Lot Details
- 8,276 Sq Ft Lot
Parking
- Uncovered Parking
Home Design
- Composition Roof
Interior Spaces
- 2,286 Sq Ft Home
- 1-Story Property
- Heated Floors
Schools
- Roosevelt Bak Elementary School
- Emerson Middle School
- Bakersfield High School
Utilities
- Central Heating and Cooling System
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 00925105
Community Details
Overview
- 4 Units
- Lowell Addition Subdivision
Building Details
- Gross Income $47,844
- Net Operating Income $28,408
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2024 06/20/24 | Sold | $370,000 | -26.0% | $162 / Sq Ft |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | For Sale | $500,000 | -- | $219 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
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 | $3,437 | $377,400 | $71,400 | $306,000 |
| 2024 | $3,341 | $97,431 | $25,303 | $72,128 |
| 2023 | $3,341 | $95,521 | $24,807 | $70,714 |
| 2022 | $3,366 | $93,649 | $24,321 | $69,328 |
| 2021 | $3,010 | $91,814 | $23,845 | $67,969 |
| 2020 | $2,879 | $90,874 | $23,601 | $67,273 |
| 2019 | $2,826 | $90,874 | $23,601 | $67,273 |
| 2018 | $2,775 | $87,347 | $22,686 | $64,661 |
| 2017 | $2,746 | $85,636 | $22,242 | $63,394 |
| 2016 | $2,625 | $83,957 | $21,806 | $62,151 |
| 2015 | $2,589 | $82,697 | $21,479 | $61,218 |
| 2014 | $2,511 | $81,078 | $21,059 | $60,019 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Thurston
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202404956
APN: 009-251-05
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Information is deemed reliable but not guaranteed.
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