1918 Cherry Street- Introducing 1918 Cherry Street, a prime opportunity nestled in the heart of Bakersfield, California. This meticulously maintained triplex, constructed in 1982, offers a harmonious blend of modern convenience and timeless charm. Comprising two spacious 2-bedroom/1-bathroom units and one inviting 3-bedroom/2-bathroom unit, this property spans a generous 2,856 square feet, ensuring ample space and comfort for residents. Boasting a gross scheduled income of $36,708, and priced at an enticing $435,000, this investment promises both immediate returns and long-term potential. With its strategic location, well-appointed units, and promising rental income, 1918 Cherry Street stands as a compelling opportunity for investors seeking to expand their portfolio in the vibrant Bakersfield real estate market.
Sold
$435,000
1918 Cherry St, Bakersfield, CA 93304
--beds
--baths
2,856sqft
Multi Family
Built in 1982
-- sqft lot
$501,800 Zestimate®
$152/sqft
$1,582 Estimated rent
Home value
$501,800
$472,000 - $532,000
$1,582/mo
Zestimate® history
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$2,810/mo
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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:
Maximilano Aranda, DRE #01713332
661 Realty
Source: Bakersfield AOR,MLS#: 202403893
Facts & features
Interior
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 00720014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1982
Community & HOA
Community
- Subdivision: Southern Addition
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $443,700
- Annual tax amount: $7,080
- Date on market: 4/23/2024
- Cumulative days on market: 3 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2024 | Sold | $435,000$152/sqft |
Source:  Bakersfield AOR #202403893 Report a problem | ||
| 4/26/2024 | Pending sale | $435,000$152/sqft |
Source: Bakersfield AOR #202403893 Report a problem | ||
| 4/22/2024 | Listed for sale | $435,000+62.3%$152/sqft |
Source: Bakersfield AOR #202403893 Report a problem | ||
| 11/17/2003 | Sold | $268,000+30.1%$94/sqft |
Source: Public Record Report a problem | ||
| 8/29/2003 | Sold | $206,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,080 +13.3% | $443,700 +18.8% |
| 2024 | $6,249 +2.3% | $373,551 +2% |
| 2023 | $6,109 +13.8% | $366,227 +18.1% |
| 2022 | $5,371 | $310,000 -1.6% |
| 2021 | -- | $315,000 +8.6% |
| 2020 | $4,840 +14.9% | $290,000 +20.8% |
| 2019 | $4,211 +2.3% | $240,000 +2.1% |
| 2018 | $4,116 +4.6% | $235,000 +7.8% |
| 2017 | $3,937 +7.6% | $218,000 +1.9% |
| 2016 | $3,658 +4.3% | $214,000 +7% |
| 2015 | $3,506 +30.3% | $200,000 +50.4% |
| 2014 | $2,690 | $133,000 |
| 2013 | -- | $133,000 +2.3% |
| 2012 | $2,731 -0.5% | $130,000 |
| 2011 | $2,744 -26.3% | $130,000 -43.3% |
| 2010 | $3,725 0% | $229,401 |
| 2009 | $3,726 -13.9% | $229,401 -20.9% |
| 2008 | $4,325 +2.6% | $290,090 +2% |
| 2007 | $4,217 +5.5% | $284,403 +2% |
| 2006 | $3,998 +1.7% | $278,827 +2% |
| 2005 | $3,930 +0.4% | $273,360 |
| 2004 | $3,914 +103.2% | $273,360 +173.4% |
| 2003 | $1,926 | $100,000 |
| 2002 | $1,926 -27.7% | $100,000 |
| 2001 | $2,665 | $100,000 |
| 2000 | -- | $100,000 |
Find assessor info on the county website
Neighborhood: Oleander Sunset
Nearby homes
- $369,9002 bd1 ba-- sqft1918 Cherry St APT B, Bakersfield, CA 93304Off Market
- $225,0002 bd2 ba977 sqft1916 Cherry St, Bakersfield, CA 93304Sold
- $375,0003 bd2 ba1.6k sqft1920 Cherry St, Bakersfield, CA 93304For Sale
- $291,2003 bd2 ba1.6k sqft1908 Cherry St, Bakersfield, CA 93304Off Market
- $525,0002 bd1 ba3.4k sqft1919 Forrest St, Bakersfield, CA 93304Sold
- $--2 bd2 ba850 sqft1919 Forrest St APT 1, Bakersfield, CA 93304Off Market
- $--2 bd1 ba850 sqft1919 Forrest St APT 4, Bakersfield, CA 93304Off Market
- $425,0004 bd2 ba2.6k sqft2000 Cherry St, Bakersfield, CA 93304Sold
Nearby schools
GreatSchools rating
- 3/10William Penn Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10Emerson Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Bakersfield High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Penn, William
- Middle: Emerson
- High: Bakersfield
- District: Bakersfield City
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
$501,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$501,800
- California
- Kern County
- Bakersfield
- 93304
- Oleander Sunset
- 1918 Cherry St
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