132 Ohio Drive

Bakersfield, CA 93307

$949,000
Price
10
Beds
5
Baths
3,950 Sq. Ft.
$240 / Sq. Ft.
3,950
Sq. Ft.
$240
per Sq. Ft.

Description

Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants. The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities,...Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants. The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal. With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.
  1. Listed by Seven Star Properties • DRE #01750791 • Brokerage DRE #01960489 • Mamdouh Elalami • 805-558-6069

Property Details for 132 Ohio Drive

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 11/15/2024 10:27 PM

Property Details for 132 Ohio Drive

StatusActive
MLS #SR24234764
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1929
Lot Size0.57 AC / 24,624 SF
CountyKern County

Building Information for 132 Ohio Drive

Stories1Residences-Year Built1929Building Size-Lot Size0.57 AC / 24,624 SF

Property Information for 132 Ohio Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $4,000
  • Gross Scheduled Income: $4,000
  • Gross Operating Income: $4,000
  • Net Operating Income: $3,100
Expense Details
  • Operating Expense: $800
  • Fuel Expense: $50
  • Electric Expense: $50
  • Insurance Expense: $250
  • Trash Expense: $100
  • Water Sewer Expense: $250
  • Total Expenses: $800
Tax / Assessment Info
  • Tax Tract Number: 25.01
  • Tax Census Tract: 25.01
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
Exterior Features
  • Entry Location: 1
  • Pool Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Land Lease: No
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 132 Ohio Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 132 Ohio Drive

Taxable ValueLand$38,658Additions$209,868Total$248,526
Tax Record2023$5,259 ($438 / month)
Home Facts
Total Finished SqFt3,950 SqFtAbove Grade Finished SqFt3,950 SqFtStories1Lot Size24,829 SqFtStyleQuadraplexYear Built1929ZoningR-2CountyKERNAPN169-062-06-00-0Fireplace TypeHas Fireplace

Schools near 132 Ohio Drive

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sequoia Middle School
Public7 to 8

Mira Monte High School
Public9 to 12

Vista Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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132 Ohio Drive is a multi-family home for sale in Bakersfield, CA 93307. This property was listed for sale on November 15, 2024 by Mamdouh Elalami, it's currently listed at $949,000. It has been on the market for a total of 2 days and was last sold on June 13, 2018. This listing's school districts are Kern Union High School District, Bakersfield City School District. Nearby schools include Dr. Martin Luther King, Jr. Elementary, Sequoia Middle School and Mira Monte High School. 132 Ohio Drive is a 10-bed, 5-bath, 3,950 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mamdouh Elalami

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.