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Sold
  • $350,000

    511 Niles St, Bakersfield, CA 93305

    --beds
    --baths
    2,585sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $454,400 Zestimate®
    $135/sqft
    $1,450 Estimated rent

    Home value

    $454,400

    $432,000 - $477,000

    $1,450/mo

    Zestimate® history
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    What's special

    Fully occupied Properties, all units are section 8 tenants and are due for rent increases. Great 1031 exchange opportunity or portfolio value add deal. Contact me for more info.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Stone DRE #02122531 661-319-0915 josh@benchmarkregrp.com,

    Benchmark Real Estate Group

    Bought with:

    Caleb A. Fisk, DRE #02156326

    ASU Commercial

    Source: Bakersfield AOR,MLS#: 202602818MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 2,585
    • Total interior livable area: 2,585 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 01408003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1953

    Community & HOA

    Community
    • Subdivision: Bakersfield
    Location
    • Region: Bakersfield

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $199,615
    • Annual tax amount: $5,248
    • Date on market: 3/16/2026
    • Cumulative days on market: 7 days

    Price history

    DateEventPrice
    4/28/2026Sold$350,000-23.9%$135/sqft
    Source: Bakersfield AOR #202602818 Report a problem
    4/1/2026Pending sale$460,000$178/sqft
    Source: Bakersfield AOR #202602818 Report a problem
    3/25/2026Listed for sale$460,000$178/sqft
    Source: Bakersfield AOR #202602818 Report a problem
    3/16/2026Pending sale$460,000$178/sqft
    Source: Bakersfield AOR #202602818 Report a problem
    3/16/2026Listed for sale$460,000$178/sqft
    Source: Bakersfield AOR #202602818 Report a problem
    10/23/2024Listing removed$460,000$178/sqft
    Source: Bakersfield AOR #202406002 Report a problem
    10/23/2024Price change$460,000-4.2%$178/sqft
    Source: Bakersfield AOR #202406002 Report a problem
    6/18/2024Listed for sale$480,000+169.1%$186/sqft
    Source: Bakersfield AOR #202406002 Report a problem
    10/31/2016Sold$178,354$69/sqft
    Source: Bakersfield AOR #21610154 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,248 +2.3%$199,615 +2%
    2024$5,132 +2.8%$195,702 +2%
    2023$4,994 +3.7%$191,865 +2%
    2022$4,818 $188,104 +2%
    2021-- $184,416 +1%
    2020$4,309 +1.8%$182,526
    2019$4,233 +1.9%$182,526 +4%
    2018$4,155 +0.8%$175,440 +2%
    2017$4,122 -18.2%$172,000 +36.1%
    2016$5,041 -8.9%$126,333 +1.5%
    2015$5,531 +68.9%$124,436 +2%
    2014$3,276 $122,000 +35%
    2013-- $90,341 +2%
    2012$2,952 +0.4%$88,571 +2%
    2011$2,940 +1.9%$86,835 +0.8%
    2010$2,886 +0.6%$86,187 -0.2%
    2009$2,869 +4.8%$86,393 +2%
    2008$2,738 +5.8%$84,700 +2%
    2007$2,586 +7.2%$83,041 +2%
    2006$2,413 +3.6%$81,414 +2%
    2005$2,329 +1.1%$79,818
    2004$2,303 +4.5%$79,818 +1.9%
    2003$2,203 $78,355 +4%
    2002$2,203 -40.7%$75,315 +2%
    2001$3,718 $73,840
    2000-- $73,840
    Find assessor info on the county website

    Neighborhood: East Bakersfield

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Longfellow
    • Middle: Washington
    • 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
    $454,400
    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
    $454,400