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Sold for $515,900
  • Listed by: Equity Smart Real Estate Services • Elizabeth Mendoza • Contact: 323-643-9162
    $515,900

    1838 Monterey St, Bakersfield, CA 93305

    8beds
    4baths
    4sqft
    Quadruplex
    Built in 1942
    -- sqft lot
    $575,400 Zestimate®
    $128,975/sqft
    $1,448 Estimated rent

    Home value

    $575,400

    $541,000 - $616,000

    $1,448/mo

    Zestimate® history
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    What's special

    Four Income-Generating Detached Units. 2 fully renovated units. Don't miss out on the opportunity to own a property that can provide you with a steady stream of rental income. In addition it has a fully assumable FHA loan at 3.25%. Perfect opportunity for clients who don't qualify at current rates. One unit currently ready for move in, detached garage that can be converted into an ADU. Listed below market, an opportunity you won't want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Mendoza DRE #02058421 323-643-9162,

    Equity Smart Real Estate Services

    Source: CRMLS,MLS#: CV23187694MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • Central Air, See Remarks, Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup, In Garage, In Carport, Laundry Room
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4
    • Total interior livable area: 4 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Carport, Direct Access, Garage
    • Garage spaces: 3
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: ENTRANCE
    • Pool features: None
    Lot
    • Size: 0.4 Acres
    • Features: 2-5 Units/Acre, Back Yard, Front Yard, Yard
    Details
    • Parcel number: 13821109009
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Bakersfield

    Financial & listing details

    • Price per square foot: $128,975/sqft
    • Tax assessed value: $526,320
    • Annual tax amount: $9,972
    • Date on market: 10/19/2023
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA 203(k),FHA,VA Loan

    Price history

    DateEventPrice
    1/18/2024Sold$515,900$128,975/sqft
    Source: CRMLS #CV23187694 Report a problem
    10/26/2023Pending sale$515,900+17.3%$128,975/sqft
    Source: CRMLS #CV23187694 Report a problem
    4/1/2022Sold$440,000+25.7%$110,000/sqft
    Source: Public Record Report a problem
    3/31/2019Listing removed$350,000$87,500/sqft
    Source: Keller Williams Realty World Media Center #18008480 Report a problem
    8/31/2018Listed for sale$350,000+22.8%$87,500/sqft
    Source: Keller Williams Realty World Media Center #18008480 Report a problem
    11/25/2017Listing removed$285,000$71,250/sqft
    Source: Bakersfield #21705176 Report a problem
    7/1/2017Price change$285,000-5%$71,250/sqft
    Source: Bakersfield #21705176 Report a problem
    5/20/2017Listed for sale$300,000-26.8%$75,000/sqft
    Source: Bakersfield #21705176 Report a problem
    3/25/2016Listing removed$410,000$102,500/sqft
    Source: Watson Realty ERA #21513689 Report a problem
    12/22/2015Listed for sale$410,000-13.7%$102,500/sqft
    Source: Watson Realty ERA #21513689 Report a problem
    9/29/2006Sold$475,000+25%$118,750/sqft
    Source: Public Record Report a problem
    5/9/2005Sold$380,000$95,000/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,972 +9.9%$526,320 +15%
    2024$9,074 +3%$457,776 +2%
    2023$8,807 +9.5%$448,800 +8.1%
    2022$8,045 $415,000 +26.1%
    2021-- $329,000 +5.1%
    2020$6,418 +21.7%$313,000 +36.1%
    2019$5,272 +5.6%$230,000 +7.5%
    2018$4,994 +0.3%$214,000
    2017$4,978 +19.9%$214,000 +7%
    2016$4,153 +54.5%$200,000 +194.1%
    2015$2,687 -25.8%$68,000 -56.1%
    2014$3,620 $155,000
    2013-- $155,000 +20.2%
    2012$3,239 +0.5%$129,000
    2011$3,221 +7.2%$129,000 +14.2%
    2010$3,006 -9.1%$113,000 -18.1%
    2009$3,306 -53.1%$138,000 -70.8%
    2007$7,043 +20.1%$472,000 +21.8%
    2006$5,862 +98.6%$387,600 +189.4%
    2005$2,952 +3.6%$133,925
    2004$2,850 +3.8%$133,925 +1.9%
    2003$2,745 $131,472 +4%
    2002$2,745 +3.1%$126,369 +2%
    2001$2,663 $123,892
    2000-- $123,892
    Find assessor info on the county website

    Neighborhood: 93305

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $575,400
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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
    $575,400