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Sold for $550,000
    • Listed by: IRN REALTY • WEI CHENG • Contact: 626-340-1178
    Bought with: Real Consultants
    $550,000

    401 Niles St, Bakersfield, CA 93305

    8beds
    4baths
    2,977sqft
    Quadruplex
    Built in 1969
    -- sqft lot
    $556,300 Zestimate®
    $185/sqft
    $1,301 Estimated rent

    Home value

    $556,300

    $495,000 - $623,000

    $1,301/mo

    Zestimate® history
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    What's special

    Spacious bedrooms
    Great property investment fourplex locates in central Bakersfield. Each unit consists of 2 spacious Bedrooms, 1 bath each, and it's all on one level. Comfortable and practical interior layout. Four units remodeled one by one in between 2022 through 2024. Priced to sell fast! Closs to public transportation, school, parks and restaurants. Each unit has separately electricity and gas meters. Responsible tenants, who always pay on time. Owner pays water and trash. Buyers to do their due diligence and investigations.

    Zillow last checked:

    Listing updated:

    Listed by:

    WEI CHENG DRE #01801136 626-340-1178,

    IRN REALTY

    Bought with:

    PATRICIA MORALES, DRE #01954481

    Real Consultants

    Source: CRMLS,MLS#: WS25017921MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,977
    • Total interior livable area: 2,977 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: front door
    • Pool features: None
    Lot
    • Size: 7,523 Square Feet
    • Features: 2-5 Units/Acre, Back Yard, Front Yard
    Details
    • Parcel number: 01407001005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Bakersfield

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $419,176
    • Annual tax amount: $7,432
    • Date on market: 1/28/2025
    • Cumulative days on market: 98 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Total actual rent: 3992
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    6/12/2025Sold$550,000$185/sqft
    Source: CRMLS #WS25017921 Report a problem
    6/5/2025Pending sale$550,000$185/sqft
    Source: CRMLS #WS25017921 Report a problem
    5/13/2025Contingent$550,000$185/sqft
    Source: CRMLS #WS25017921 Report a problem
    4/23/2025Listed for sale$550,000$185/sqft
    Source: CRMLS #WS25017921 Report a problem
    4/17/2025Contingent$550,000$185/sqft
    Source: CRMLS #WS25017921 Report a problem
    1/28/2025Listed for sale$550,000$185/sqft
    Source: CRMLS #WS25017921 Report a problem
    1/1/2024Listing removed--
    Source: Bakersfield AOR #202304889 Report a problem
    11/17/2023Listed for sale$550,000-0.9%$185/sqft
    Source: Bakersfield AOR #202304889 Report a problem
    8/26/2023Listing removed--
    Source: Bakersfield AOR #202304889 Report a problem
    7/25/2023Listed for sale$555,000$186/sqft
    Source: Bakersfield AOR #202304889 Report a problem
    7/3/2023Listing removed--
    Source: Bakersfield AOR #202304889 Report a problem
    6/13/2023Listed for sale$555,000+40.5%$186/sqft
    Source: Bakersfield AOR #202304889 Report a problem
    12/3/2022Price change$1,100+15.8%
    Source: Zillow Rental Network Premium Report a problem
    9/16/2022Listed for rent$950
    Source: Zillow Rental Network Premium Report a problem
    2/1/2022Sold$395,000-7%$133/sqft
    Source: Bakersfield AOR #202113139 Report a problem
    1/13/2022Pending sale$424,900$143/sqft
    Source: Bakersfield AOR #202113139 Report a problem
    12/16/2021Listed for sale$424,900+49.1%$143/sqft
    Source: Bakersfield AOR #202113139 Report a problem
    12/16/2019Sold$285,000+5.9%$96/sqft
    Source: CRMLS #OC19213250 Report a problem
    10/31/2019Pending sale$269,000$90/sqft
    Source: LRS Realty & Management Inc #OC19213250 Report a problem
    10/25/2019Price change$269,000-66.2%$90/sqft
    Source: LRS Realty & Management Inc #OC19213250 Report a problem
    9/28/2019Price change$795,000-10.7%$267/sqft
    Source: LRS Realty & Management Inc #OC19213250 Report a problem
    9/9/2019Listed for sale$890,000+249%$299/sqft
    Source: LRS Realty & Management Inc #OC19213250 Report a problem
    6/29/2018Sold$255,000-1.9%$86/sqft
    Source: Public Record Report a problem
    5/11/2018Pending sale$259,900$87/sqft
    Source: Avance Realty #SR18101456 Report a problem
    5/2/2018Listed for sale$259,900+79.2%$87/sqft
    Source: Avance Realty #SR18101456 Report a problem
    1/16/2003Sold$145,000+46.5%$49/sqft
    Source: Public Record Report a problem
    9/24/1998Sold$99,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,432 +1.7%$419,176 +2%
    2024$7,306 +2.4%$410,958 +2%
    2023$7,137 +24.3%$402,900 +37.2%
    2022$5,740 $293,710 +2%
    2021-- $287,952 +1%
    2020-- $285,000 +7.4%
    2019$5,003 +12.5%$265,302 +43.8%
    2018$4,446 +3.2%$184,555 +2%
    2017$4,309 +17.4%$180,937 +2%
    2016$3,670 +4.6%$177,390 +8.2%
    2015$3,510 +3.5%$164,000 +2.5%
    2014$3,393 $160,000 +7.4%
    2013-- $149,000 +9.6%
    2012$3,202 -0.5%$136,000
    2011$3,218 +4.6%$136,000 +6.3%
    2010$3,077 -1.9%$128,000 -4.5%
    2009$3,138 -5.9%$134,000 -16.2%
    2008$3,336 +4%$159,877 +2%
    2007$3,207 +6.1%$156,743 +2%
    2006$3,022 +2.6%$153,671 +2%
    2005$2,944 +0.8%$150,659
    2004$2,922 +23.5%$150,659 +37.8%
    2003$2,366 $109,301 +4%
    2002$2,366 -38.7%$105,058 +2%
    2001$3,862 $102,999
    2000-- $102,999
    Find assessor info on the county website

    Neighborhood: East Bakersfield

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    Estimated market value
    $556,300
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    Estimated market value
    $556,300

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