$825,000

Bakersfield, CA 93313

Venola Neighborhood

Estimated payment $4,845/month

Total Views 8,940
-- Bed
-- Bath
4,459 Sq Ft
$185 Price per Sq Ft

About This Home

Rare opportunity to own a well maintained, Southwest Fourplex. Rents below market. The cap rate is computed based on property taxes at List price. Just across from Costco. Close to shopping, restaurants, and many other conveniences. Award winning School District. Easy access to Hwy-99.

Listing Agent

Vikram Reddy

Coldwell Banker Preferred,RLT License #01845883 Listed on: 07/24/2025

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Parking

  • Carport

Interior Spaces

  • 4,459 Sq Ft Home
  • 2-Story Property

Schools

  • Loudon Elementary School
  • Thompson Middle School
  • Ridgeview High School

Additional Features

  • 0.25 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 37118319

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $59,880
  • Net Operating Income $35,916

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1979
  • Building Stories: 2
  • Deposit Amount Required: 8000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.2516
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4459.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Garage, Carport

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 10960.00
  • Parcel #: 37118319

Multi Family

  • Total Annual Expense: 23964.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 59880.00
  • Property Net Operating Income: 35916.00

MLS Schools

  • Elementary School: Loudon, Roy W.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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 $6,415 $332,215 $50,714 $281,501
2024 $6,415 $325,702 $49,720 $275,982
2023 $6,291 $319,317 $48,746 $270,571
2022 $6,019 $313,057 $47,791 $265,266
2021 $5,634 $306,919 $46,854 $260,065
2020 $7,051 $433,500 $86,700 $346,800
2019 $5,367 $300,902 $45,936 $254,966
2018 $5,160 $289,219 $44,153 $245,066
2017 $5,085 $283,549 $43,288 $240,261
2016 $4,814 $277,990 $42,440 $235,550
2015 $4,761 $273,815 $41,803 $232,012
2014 $4,643 $268,453 $40,985 $227,468
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2025 07/24/25 For Sale $825,000 -- $185 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $262,000 Chicago Title Company
Quit Claim Deed -- First American
Trustee Deed $550,189 Landsafe Title
Grant Deed -- None Available
Grant Deed $540,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title
Corporate Deed $1,633,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $351,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202508354

Bakersfield Association of REALTORS® / GEMLS

APN: 371-183-19-00-5

California Kern County Bakersfield 93313

Venola

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. 2025.

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Vikram Reddy
Listing Agent
Vikram Reddy
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Coldwell Banker Preferred,RLT
(661) 900-1596