Offered at $1,640,000, 5201 Demaret is a well-maintained 16-unit apartment complex located in Southwest Bakersfield near the California Avenue office corridor and major retail centers. Built in 1970 and totaling approximately 10,980 square feet, the property generates a gross scheduled income of $181,860 annually. The seller has cared for the building to a high standard, including recent exterior paint and ongoing upkeep. This asset presents an attractive opportunity for investors seeking cash flow in a strong rental submarket
Sold
$1,462,000
5201 Demaret Ave, Bakersfield, CA 93309
--beds
--baths
10,980sqft
Multi Family
Built in 1970
-- sqft lot
$1,481,400 Zestimate®
$133/sqft
$1,178 Estimated rent
Home value
$1,481,400
$1.32M - $1.66M
$1,178/mo
Zestimate® history
Owner options
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$1,178/mo
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$1,178/mo
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$9,303/mo
Est. payment
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$9,303/mo
Est. payment
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Recent exterior paint
Zillow last checked:
Listing updated:
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Marc A Thurston, DRE #1099353
ASU Commercial
Source: Bakersfield AOR,MLS#: 202507547
Facts & features
Interior
Interior area
- Total structure area: 10,980
- Total interior livable area: 10,980 sqft
Property
Parking
- Parking features: Open, Other
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.56 Acres
Details
- Parcel number: 19433022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1970
Community & HOA
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $133/sqft
- Date on market: 7/7/2025
- Cumulative days on market: 19 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $1,462,000-10.9%$133/sqft |
Source:  Bakersfield AOR #202507547 Report a problem | ||
| 8/15/2025 | Listing removed | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 7/26/2025 | Pending sale | $1,640,000$149/sqft |
Source: Bakersfield AOR #202507547 Report a problem | ||
| 7/19/2025 | Price change | $1,050-12.1% |
Source: Zillow Rentals Report a problem | ||
| 7/15/2025 | Price change | $1,640,000-3.5%$149/sqft |
Source: Bakersfield AOR #202507547 Report a problem | ||
| 7/9/2025 | Listed for rent | $1,195+13.8% |
Source: Zillow Rentals Report a problem | ||
| 7/7/2025 | Listed for sale | $1,700,000$155/sqft |
Source: Bakersfield AOR #202507547 Report a problem | ||
| 6/4/2025 | Listing removed | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 4/10/2025 | Price change | $1,050-8.7% |
Source: Zillow Rentals Report a problem | ||
| 3/13/2025 | Price change | $1,150-2.1% |
Source: Zillow Rentals Report a problem | ||
| 1/24/2025 | Price change | $1,175+11.9% |
Source: Zillow Rentals Report a problem | ||
| 12/20/2024 | Price change | $1,050+7.7% |
Source: Zillow Rentals Report a problem | ||
| 10/19/2024 | Listed for rent | $975-7.1% |
Source: Zillow Rentals Report a problem | ||
| 8/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/1/2024 | Listed for rent | $1,050 |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/7/2024 | Listed for rent | $1,050+7.7% |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Price change | $975-7.1% |
Source: Zillow Rentals Report a problem | ||
| 8/1/2023 | Listed for rent | $1,050+51.1% |
Source: Zillow Rentals Report a problem | ||
| 6/13/2020 | Listing removed | $695 |
Source: Appodaca Property Management Report a problem | ||
| 6/4/2020 | Listed for rent | $695 |
Source: Appodaca Property Management Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93309
Nearby homes
- $328,1001 bd1 ba-- sqft5201 Demaret Ave APT 01, Bakersfield, CA 93309Off Market
- $--2 bd1 ba-- sqft5201 Demaret Ave #27, Bakersfield, CA 93309Off Market
- $--1 bd1 ba-- sqft5201 Demaret Ave #6, Bakersfield, CA 93309Off Market
- $--1 bd1 ba750 sqft5201 Demaret Ave #21, Bakersfield, CA 93309Off Market
- $--1 bd1 ba750 sqft5201 Demaret Ave APT 07, Bakersfield, CA 93309Off Market
- $261,2002 bd2 ba1.2k sqft5301 Demaret Ave, Bakersfield, CA 93309Off Market
- $252,7003 bd3 ba1.3k sqft5301 Demaret Ave, Bakersfield, CA 93309Off Market
- $265,4003 bd3 ba1.6k sqft5301 Demaret Ave, Bakersfield, CA 93309Off Market
Nearby schools
GreatSchools rating
- 2/10Wayne Van Horn Elementary SchoolGrades: K-6Distance: 0.5 mi
- 3/10Fred L. Thompson Junior High SchoolGrades: 7-8Distance: 1.9 mi
- 4/10West High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Van Horn, Wayne
- Middle: Thompson, F. L.
- High: West
- District: Panama-Buena Vista
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
$1,481,400
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
$1,481,400
- California
- Kern County
- Bakersfield
- 93309
- 5201 Demaret Ave
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