$275,000
PENDING

Estimated payment $1,725/month

Total Views 1,489
-- Bed
-- Bath
900 Sq Ft
$306 Price per Sq Ft

Highlights

  • Heated Floors
  • 1-Story Property
  • 4-minute walk to Jefferson Park
  • Evaporated cooling system

About This Home

Classic 2 houses on a large corner lot in East Bakersfield. The front house is a 2 bedroom/1bath 900 SF home renting $1350 paying month-to-month,, was refurbished 3 years ago.. The rear house is a large 462 SF studio with its own fenced yard renting for $875, section 8, refurbished just last year. There is a 3rd structure: Detached garage with a brand new roof. Property is zoned R-3, so this can easily be converted to a 3rd rental unit! The property has a current Clear Termite Report. A 2-year Roof Certification on all 3 structures will be provided to the buyer..The homes have separate gas/electric meters. Both unit are permitted as per county records (on file). Rear unit is on lease until Nov 2025. As a bonus, the property is in the Opportunity Zone. Listing agent is also owner. Possible assumable loan of $107K.

Listing Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 06/27/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 1935

Home Design

  • Duplex

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Additional Features

  • 9,583 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 12532016

Community Details

Overview

  • 2 Units
  • Keith Addition Subdivision

Building Details

  • Gross Income $26,700
  • Net Operating Income $18,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,638

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1935
  • Building Stories: 1
  • Deposit Amount Required: 3000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.2200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 900.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Number Of Garages: 1
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R-3 (1500 SF of lot space per dwelling)
  • Lot Size Sq Ft: 9583.00
  • Parcel #: 12532016

Multi Family

  • Total Annual Expense: 8443.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 26700.00
  • Property Net Operating Income: 18257.00

MLS Schools

  • Elementary School: Noble, Myra A.

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 $2,638 $116,732 $84,896 $31,836
2024 $2,560 $114,444 $83,232 $31,212
2023 $2,560 $112,200 $81,600 $30,600
2022 $1,800 $55,001 $22,016 $32,985
2021 $1,695 $53,924 $21,585 $32,339
2020 $1,695 $53,372 $21,364 $32,008
2019 $1,584 $53,372 $21,364 $32,008
2018 $1,549 $51,302 $20,536 $30,766
2017 $1,524 $50,297 $20,134 $30,163
2016 $1,237 $49,312 $19,740 $29,572
2015 $1,236 $48,572 $19,444 $29,128
2014 $1,135 $43,260 $19,364 $23,896
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $275,000 -- $306 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $130,000 Chicago Title
Grant Deed $424,000 Placer Title Company
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- None Available
Gift Deed -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,500 Seller Take Back
Previous Owner $46,700 Unknown
Previous Owner $47,000 No Value Available
Source: Public Records

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202507270

Bakersfield Association of REALTORS® / GEMLS

APN: 125-320-16-00-0