$23,000,000

Estimated payment $125,629/month

-- Bed
-- Bath
5,134 Sq Ft
$4,480 Price per Sq Ft

Highlights

  • 0.38 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Liberty High School Rated A

About This Home

The offering consists of the 20 fourplex buildings (80 units - on 20 individual parcel lots) retained by the developer for his personal investment portfolio. An additional 20 fourplex buildings within the community are individually owned by private investors, further validating the long-term desirability and investment strength of the project.Each fourplex is comprised of two 3-bedroom/2-bath units averaging approximately 1,400 square feet and two 2-bedroom/2-bath units averaging approximately 1,120 square feet. All units aresingle-story and feature attached two-car garages with directinterior access. Unit amenities include in-unit laundry, fireplaces, dishwashers, microwaves, walk-in closets, 10-foot ceilings, and covered patiosfeatures far more commonly associated withsingle-family homes than traditional multifamily housing.

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 06/18/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Interior Spaces

  • 5,134 Sq Ft Home
  • 1-Story Property

Schools

  • Columbia Elementary School
  • Fruitvale Middle School
  • Liberty High School

Additional Features

  • 16,552 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50122104

Community Details

Overview

  • 80 Units
  • 6295 Ph 1 Subdivision

Building Details

  • Gross Income $2,056,030
  • Net Operating Income $1,214,067

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0.38 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2006
  • Building Stories: 1
  • Deposit Amount Required: 250000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.3800
  • Subdivision Name: 6295 Ph 1
  • Garage Yn: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5134.00

Exterior Features

  • Disclosures: HOA Fees, None of the Above
  • Pool Private: No

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Condo/Co-op/Association

  • Amenities: Pool, Recreation Room, Gym

Schools

  • High School: Liberty
  • Middle Or Junior School: Fruitvale

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 16552.00
  • Parcel #: 50122104

Multi Family

  • Total Annual Expense: 851969.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 80
  • Existing Lease Type: Net
  • Annual Gross Income: 2056030.00
  • Property Net Operating Income: 1214067.00

MLS Schools

  • Elementary School: Columbia

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $12,430 $828,098 $91,220 $736,878
2024 $11,972 $811,862 $89,432 $722,430
2023 $11,972 $795,944 $87,679 $708,265
2022 $11,788 $780,338 $85,960 $694,378
2021 $11,442 $765,038 $84,275 $680,763
2020 $11,197 $757,194 $83,411 $673,783
2019 $11,084 $757,194 $83,411 $673,783
2018 $10,946 $727,793 $80,173 $647,620
2017 $10,694 $713,523 $78,601 $634,922
2016 $10,004 $699,533 $77,060 $622,473
2015 $8,476 $565,000 $85,000 $480,000
2014 $8,139 $540,000 $80,000 $460,000
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
06/18/2026 06/18/26 For Sale $23,000,000 -- $4,480 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 Type Sale Price Title Company
Grant Deed -- Stewart Title Kern
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Grant Deed -- Stewart Title Of Ca Inc
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 Loan Amount Loan Type
Open $1,120,000 Purchase Money Mortgage
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202606612

Bakersfield Association of REALTORS® / GEMLS

APN: 501-221-04-00-5

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