NOT LISTED FOR SALE

8415 Grandy St Bakersfield, CA 93308

Estimated Value: $538,813 - $675,000

-- Bed
-- Bath
-- Sq Ft
0.55 Acres

Last Sold August 16, 2024

Last sale price $2,359,600

Current estimated payment $3,740/month

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • Centennial High School Rated A-
  • 1-Story Property

About This Home

As of August 2024

We are thrilled to present a unique offering of four brand new duplexes representing the epitome of Class A real estate in Northwest Bakersfield. Boasting an attractive unit mix of two and three bedrooms, this investment promises outstanding returns and caters to a diverse tenant base, making it perfect for any type of investor. Thoughtfully designed to exude modern luxury and functionality, these duplexes offer an unparalleled living experience for families, professionals, and individuals alike. Located in a prime part of Bakersfield, this offering guarantees high demand and consistent occupancy rates, ensuring a steady income stream.

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 04/01/2024

Last Buyer's Agent

Hero Singh

Hero Real Estate, Inc. License #01402980

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 0.55

Parking

  • Uncovered Parking

Home Design

  • Tile Roof

Additional Features

  • 1-Story Property
  • 0.55 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $194,400
  • Net Operating Income $145,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2024
  • Building Stories: 1
  • Deposit Amount Required: 30000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.5515
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Roof: Tile
  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 24024.00
  • Parcel #: NEW OR UNDER CONSTRUCTION

Multi Family

  • Total Annual Expense: 48600.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 8
  • Existing Lease Type: Net
  • Annual Gross Income: 194400.00
  • Property Net Operating Income: 145800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Aug 14, 2024
Sold by
Bhangu Jasvir K
Bought by
Bhangu Sukhvir
Seller's Agent
Eric Van Denk
Central Valley Property Adviso
Buyer's Agent
Hero Singh
Hero Real Estate, Inc.
List Price
$2,400,000
Sold Price
$2,359,600
Premium/Discount to List
-$40,400
-1.68%
Views
3
Current Estimated Value
$618,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,741,397
Avg. Annual Appreciation
-60.55%

Purchase Details

Closed on
Apr 3, 2024
Sold by
Jeremy Willer Construction Inc
Bought by
Bhangu Sukhvir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,425
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bhangu Sukhvir -- Ticor Title
Bhangu Sukhvir $590,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhangu Sukhvir $442,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $2,359,600 -1.7% --
04/04/2024 04/04/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $2,400,000 -- --
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 $5,517 $590,000 $150,000 $440,000
2024 $5,517 $317,305 $43,305 $274,000
2023 $1,355 $42,456 $42,456 --
Source: Public Records

Agents Affiliated with this Home

  • Eric Van Denk

    Seller's Agent in 2024

    Eric Van Denk

    Central Valley Property Adviso

    (419) 206-7117

    258 Total Sales

    Eric Van Denk
    Section Image
  • Hero Singh

    Buyer's Agent in 2024

    Hero Singh

    Hero Real Estate, Inc.

    (661) 301-1354

    164 Total Sales

    Hero Singh
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202403204

Bakersfield Association of REALTORS® / GEMLS

APN: 492-562-21-00-5

California Kern County Bakersfield 93308

8415 Grandy St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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