This vacant duplex at 1115 Grace Street in Bakersfield presents a value-add opportunity for investors seeking a full rehab project. The property consists of one 2-bedroom/1-bath unit and one studio, totaling approximately 1,186 square feet, situated on a generous 7,446 square foot lot. Built in 1940, both units have been trashed out and will require a complete renovation please refer to the attached condition report for details. With flexible redevelopment potential and upside after rehabilitation, this is offering is priced at $180,000.
Sold
$150,000
1115 Grace St, Bakersfield, CA 93305
--beds
--baths
1,186sqft
Multi Family
Built in 1940
-- sqft lot
$150,900 Zestimate®
$126/sqft
$1,092 Estimated rent
Home value
$150,900
$136,000 - $167,000
$1,092/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Non-Member
Non-Member Office
Source: Bakersfield AOR,MLS#: 202601514
Facts & features
Interior
Interior area
- Total structure area: 1,186
- Total interior livable area: 1,186 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 12719006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Community
- Subdivision: Drurys Northern Addition
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $145,012
- Annual tax amount: $3,619
- Date on market: 2/11/2026
- Cumulative days on market: 18 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $150,000-16.7%$126/sqft |
Source:  Bakersfield AOR #202601514 Report a problem | ||
| 3/16/2026 | Pending sale | $180,000$152/sqft |
Source: Bakersfield AOR #202601514 Report a problem | ||
| 3/8/2026 | Price change | $180,000-9.5%$152/sqft |
Source: Bakersfield AOR #202601514 Report a problem | ||
| 2/21/2026 | Pending sale | $199,000$168/sqft |
Source: Bakersfield AOR #202601514 Report a problem | ||
| 2/11/2026 | Listed for sale | $199,000+53.1%$168/sqft |
Source: Bakersfield AOR #202601514 Report a problem | ||
| 5/22/2019 | Sold | $130,000+23.8%$110/sqft |
Source: Bakersfield AOR #21902484 Report a problem | ||
| 10/4/2016 | Sold | $105,000-4.5%$89/sqft |
Source: Bakersfield AOR #21611268 Report a problem | ||
| 9/19/2016 | Listed for sale | $109,900+22.1%$93/sqft |
Source: Maya Properties #21611268 Report a problem | ||
| 12/28/2015 | Listing removed | $90,000$76/sqft |
Source: Maya Properties #21504254 Report a problem | ||
| 7/8/2015 | Listed for sale | $90,000+28.6%$76/sqft |
Source: Maya Properties #21504254 Report a problem | ||
| 3/20/2013 | Listing removed | $70,000$59/sqft |
Source: Maya Properties #21211257 Report a problem | ||
| 11/30/2012 | Listed for sale | $70,000$59/sqft |
Source: Maya Properties #21211257 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,619 +2.7% | $145,012 +2% |
| 2024 | $3,525 +3.4% | $142,170 +2% |
| 2023 | $3,409 +6.9% | $139,383 +2% |
| 2022 | $3,190 | $136,651 +2% |
| 2021 | -- | $133,972 +1% |
| 2020 | $2,930 +14.3% | $132,600 +20.1% |
| 2019 | $2,562 +2.7% | $110,364 +4% |
| 2018 | $2,495 +1.4% | $106,080 +2% |
| 2017 | $2,461 +78.1% | $104,000 +180.6% |
| 2016 | $1,382 +0% | $37,069 +1.5% |
| 2015 | $1,381 +2.2% | $36,513 +2% |
| 2014 | $1,351 | $35,799 +0.5% |
| 2013 | -- | $35,638 +2% |
| 2012 | $1,278 +1.9% | $34,940 +2% |
| 2011 | $1,255 +0.8% | $34,255 +0.8% |
| 2010 | $1,245 +20.5% | $34,000 +113.5% |
| 2009 | $1,033 +3.1% | $15,928 +2% |
| 2008 | $1,002 +49.1% | $15,617 +2% |
| 2007 | $672 +4.6% | $15,312 +2% |
| 2006 | $642 +4.8% | $15,013 +2% |
| 2005 | $612 +8.5% | $14,720 |
| 2004 | $564 +6.9% | $14,720 +1.9% |
| 2003 | $528 | $14,451 +4% |
| 2002 | $528 +1.1% | $13,892 +2% |
| 2001 | $522 | $13,621 |
| 2000 | -- | $13,621 |
Find assessor info on the county website
Neighborhood: 93305
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Nearby schools
GreatSchools rating
- 2/10Jefferson Elementary SchoolGrades: K-6Distance: 0.3 mi
- 1/10Abraham Lincoln Jr. HighGrades: 7-8Distance: 1.3 mi
- 4/10East Bakersfield High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Jefferson_Bak
- High: East
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$150,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$150,900
- California
- Kern County
- Bakersfield
- 93305
- 1115 Grace St
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