Amazing opportunity for first time homebuyer who would like to offset their mortgage with rent from a second unit. This R-2 property is very unique and has been immaculately cared for. Seller has spent over $37,000 in updates and repairs in the last 2 years. Both units are on their own electric and water meters with indoor utility. The owner has had this property for over 30 years and shows pride of ownership. Both units are 2/1 with newer windows, carpet and paint. The main house was at one time 3 bedrooms and a wall can easily be put back up. Come see this money making opportunity today. FHA welcome
Sold for $230,000
$230,000
416 Water St, Bakersfield, CA 93305
2beds
1,596sqft
MultiFamily
Built in 1968
-- sqft lot
$279,600 Zestimate®
$144/sqft
$1,232 Estimated rent
Home value
$279,600
$260,000 - $302,000
$1,232/mo
Zestimate® history
Owner options
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$1,232/mo
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$1,232/mo
Rent Zestimate®
Refinance and save
$1,529/mo
Est. payment
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$1,529/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Wall
Cooling
- Other
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,596 sqft
Property
Lot
- Size: 6,969 sqft
Details
- Parcel number: 12507012
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1968
Community & neighborhood
Location
- Region: Bakersfield
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2024 | Sold | $230,000+48.4%$144/sqft |
Source: Public Record Report a problem | ||
| 4/20/2016 | Sold | $155,000$97/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,078 +2.5% | $183,483 +2% |
| 2024 | $3,980 +3.2% | $179,886 +2% |
| 2023 | $3,856 +6.2% | $176,360 +2% |
| 2022 | $3,631 | $172,903 +2% |
| 2021 | -- | $169,513 +1% |
| 2020 | $3,366 +3.5% | $167,776 |
| 2019 | $3,253 +2.7% | $167,776 +4% |
| 2018 | $3,166 +1.1% | $161,262 +2% |
| 2017 | $3,131 +121% | $158,100 +301.5% |
| 2016 | $1,417 +0% | $39,377 +1.5% |
| 2015 | $1,416 +3.8% | $38,787 +2% |
| 2014 | $1,364 | $38,028 +0.5% |
| 2013 | -- | $37,857 +2% |
| 2012 | $1,294 +1.6% | $37,116 +2% |
| 2011 | $1,274 -1.2% | $36,389 +0.8% |
| 2010 | $1,290 -0.2% | $36,118 -0.2% |
| 2009 | $1,292 +3.7% | $36,205 +2% |
| 2008 | $1,246 +2.6% | $35,496 +2% |
| 2007 | $1,214 +4.6% | $34,801 +2% |
| 2006 | $1,160 +3.4% | $34,119 +2% |
| 2005 | $1,122 +4.8% | $33,451 |
| 2004 | $1,071 +4.1% | $33,451 +1.9% |
| 2003 | $1,030 | $32,839 +4% |
| 2002 | $1,030 +2% | $31,566 +2% |
| 2001 | $1,009 | $30,948 |
| 2000 | -- | $30,948 |
Find assessor info on the county website
Neighborhood: 93305
Nearby homes
Nearby schools
GreatSchools rating
- 2/10Longfellow Elementary SchoolGrades: K-6Distance: 0.8 mi
- 2/10Washington Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10East Bakersfield High SchoolGrades: 9-12Distance: 1.8 mi
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.What is this number?
Estimated market value
$279,600
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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.What is this number?
Estimated market value
$279,600
Start now
- California
- Kern County
- La Cresta - Altavista
- 93305
- 416 Water St
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