1716 3rd Street

Bakersfield, CA 93304

$400,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that...Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.
  1. Listed by Rules Manager • DRE #01820381 • Brokerage DRE #02227690 • The Mora Partners Inc.

Property Details for 1716 3rd Street

City Postal ID
BAKERSFIELD (93304)
LISTING UPDATED: 11/22/2024 07:48 AM

Property Details for 1716 3rd Street

StatusActive
MLS #SR24237877
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.16 AC / 6,791 SF
CountyKern County

Building Information for 1716 3rd Street

Stories1Residences-Year Built-Building Size-Lot Size0.16 AC / 6,791 SF

Property Information for 1716 3rd Street

Summary Information
Property and Location
  • System ID: 306313420
  • Class: 2-4 UNITS
  • Levels: 1 Story
  • Street Number Numeric: 1716
  • Street Name: 3rd Street
  • Directions To Property: 58 Fwy exit S. H St make left, left onto 3rd St
HOA and Fees
  • Monthly Total Fees: $170
  • CFD/Mello-Roos Fee: $2,043
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Site: Sidewalks
  • Zoning: Public Rec
  • Assessors Parcel Num: 00831213008
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $540
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $685
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Rent Actual: $0

Property History for 1716 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1716 3rd Street

Taxable ValueLand$12,539Additions$96,450Total$108,989
Tax Record2023$3,304 ($275 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size6,969 SqFtStyleDuplexYear Built1972ZoningR-2CountyKERNAPN008-312-13-00-8Fireplace TypeHas Fireplace

Schools near 1716 3rd Street

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Emerson Middle School
Public6 to 8

Bakersfield High School
Public9 to 12

Rafer Johnson
PublicK to 8

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.

Similar Homes

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1716 3rd Street is a multi-family home for sale in Bakersfield, CA 93304. This property was listed for sale on November 20, 2024 by The Mora Partners Inc., it's currently listed at $400,000. It has been on the market for a total of 4 days and was last sold on July 9, 2024. This listing's school districts are Kern Union High School District, Bakersfield City School District. Nearby schools include Roosevelt Elementary School, Emerson Middle School and Bakersfield High School. 1716 3rd Street is a 5-bed, 3-bath, multi-family home.

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Listing Courtesy of The Mora Partners Inc.

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.