Terri Garcia
New Generation Real Estate Gro
(661) 218-2187
97 Total Sales
2 in Oleander-Sunset
$275K - $298K Price Range
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2024
Closed on
Jun 1, 2024
Sold by
715 Eye Street Trust and Khachikyan Nelli
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$500,000
Sold Price
$370,000
Premium/Discount to List
-$130,000
-26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,614,318
Interest Rate
7.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2009
Sold by
Fdic
Bought by
Imb Reo Llc
Purchase Details
Closed on
Apr 22, 2009
Sold by
Murphy James V
Bought by
Indymac Federal Bank Fsb
Purchase Details
Closed on
Sep 4, 2007
Sold by
Murphy Connie
Bought by
Murphy James V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2007
Sold by
Siripane Khamphou
Bought by
Murphy James V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 3, 2004
Sold by
Siripane Luz M
Bought by
Siripane Khamphou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2003
Sold by
The Bank Of New York
Bought by
Siripane Khamphou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,444
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 4, 2003
Sold by
Duran Marissa
Bought by
The Bank Of New York and Eqcc Trust 2001-2
Purchase Details
Closed on
Feb 22, 2000
Sold by
Duran Juan V
Bought by
Duran Marissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,420
Interest Rate
8.26%
Purchase Details
Closed on
Oct 1, 1996
Sold by
Dix Eddie L
Bought by
Duran Marissa and Duran Juan V
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oleander-Sunset, CA
-
Terri Garcia
-
Wesley Willingham
Wesley Willingham
New Concept Realty, Inc.
(661) 535-0987
55 Total Sales
3 in Oleander-Sunset
$240K - $300K Price Range
-
Paris Davis
Paris Davis
The Davis Group Real Estate, Inc.
(661) 426-8388
91 Total Sales
5 in Oleander-Sunset
$170K - $329K Price Range
-
Ryan Davidson
Ryan Davidson
SafeGuard Realty Investments
(661) 410-7680
102 Total Sales
2 in Oleander-Sunset
$510K - $735K Price Range
-
Sylvia Cable
Sylvia Cable
Watson Realty
(661) 427-2949
41 Total Sales
1 in Oleander-Sunset
$250,000 Price
-
Ernesto Osuna
Ernesto Osuna
Responds QuicklyD Best Realty, Inc.
(661) 451-5689
162 Total Sales
6 in Oleander-Sunset
$215K - $350K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $370,000 | Placer Title | ||
| Imb Reo Llc | -- | Chicago Title Insurance Co | |
| Khachikyan Nelli | $77,000 | Chicago Title Insurance Co | |
| Indymac Federal Bank Fsb | $156,050 | None Available | |
| Murphy James V | -- | Alliance Title Company | |
| Murphy James V | $400,000 | Alliance Title Company | |
| Siripane Khamphou | -- | Stewart Title | |
| Siripane Khamphou | $93,500 | First American Title | |
| The Bank Of New York | $56,365 | First American Title | |
| Duran Marissa | -- | Fidelity National Title Co | |
| Duran Marissa | $46,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,650,000 | ||
| Previous Owner | Khachlkyan Nelli | $250,000 | |
| Previous Owner | Murphy James V | $320,000 | |
| Previous Owner | Siripane Khamphou | $265,000 | |
| Previous Owner | Siripane Khamphou | $75,000 | |
| Previous Owner | Siripane Khamphou | $140,000 | |
| Previous Owner | Siripane Khamphou | $101,444 | |
| Previous Owner | Duran Marissa | $73,420 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,760 | $384,948 | $72,828 | $312,120 |
| 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
Seller's Agent in 2024
Marc Thurston
ASU Commercial
(661) 862-5454
8 in this area
91 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202404956
APN: 009-251-05
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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