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Sold for $760,000
  • Listed by: Pinnacle Estate Properties, In • Henrik Alaverdyan • Contact: 818-993-7370
    Bought with: Pinnacle Estate Properties, In
    $760,000

    7000 N Half Moon Dr, Bakersfield, CA 93309

    9beds
    5baths
    4,022sqft
    Quadruplex
    Built in 1982
    -- sqft lot
    $760,100 Zestimate®
    $189/sqft
    $1,537 Estimated rent

    Home value

    $760,100

    $692,000 - $836,000

    $1,537/mo

    Zestimate® history
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    What's special

    Modernized interior finishesPrivate backyardMature landscapingUpdated garage doorsFresh exterior paintAttractive curb appealNew privacy fencing
    Positioned in a premier Southwest Bakersfield location, 7000 N Half Moon Dr represents an exceptional opportunity to acquire a well-maintained four-unit investment property with strong income potential. Showcasing attractive curb appeal, mature landscaping, and extensive recent upgrades, this asset is ideally suited for both seasoned and first-time investors. The property features a desirable unit mix consisting of one expansive three-bedroom, one-and-a-half-bath residence and three well-proportioned two-bedroom, one-bath units. Each residence offers a private backyard, providing an ideal setting for outdoor enjoyment, along with dedicated garage parking. The three-bedroom unit includes a two-car garage, while each two-bedroom unit benefits from a one-car garage in addition to assigned parking. Significant capital improvements have been completed, including renovations to three of the four units, fresh exterior paint, new privacy fencing, updated garage doors, and modernized interior finishes such as flooring and paint. All units are equipped with washer and dryer hookups, enhancing tenant convenience and appeal. With rents currently below market levels, the property presents a compelling value-add opportunity with substantial upside in rental income. Its strategic location offers close proximity to quality schools, parks, dining, and convenient freeway access, further strengthening its long-term investment appeal. This is a rare opportunity to secure a competitively priced fourplex in one of Southwest Bakersfield’s most desirable submarkets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Henrik Alaverdyan DRE #01874911 818-731-4649,

    Pinnacle Estate Properties, In

    Bought with:

    Henrik Alaverdyan, DRE #01874911

    Pinnacle Estate Properties, In

    Source: CRMLS,MLS#: GD26073582MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Rooms
    • Room types: Entry/Foyer, Kitchen, Laundry, Living Room
    Heating
    • Forced Air
    Cooling
    • Central Air, Attic Fan
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range
    • Laundry: Inside, Laundry Closet, See Remarks
    Features
    • Balcony, Ceiling Fan(s)
    • Flooring: Carpet, Laminate, Tile
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,022
    • Total interior livable area: 4,022 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Assigned, Garage, On Site, Private, Shared Driveway
    • Garage spaces: 5
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: See Remarks
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 0.31 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 38130014006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, See Remarks

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Bakersfield

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $766,633
    • Annual tax amount: $11,793
    • Date on market: 4/6/2026
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Total actual rent: 66971
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    5/27/2026Sold$760,000-0.7%$189/sqft
    Source: CRMLS #GD26073582 Report a problem
    5/18/2026Pending sale$765,000$190/sqft
    Source: CRMLS #GD26073582 Report a problem
    4/18/2026Contingent$765,000$190/sqft
    Source: CRMLS #GD26073582 Report a problem
    4/6/2026Listed for sale$765,000+39.1%$190/sqft
    Source: CRMLS #GD26073582 Report a problem
    5/12/2005Sold$550,000+200.5%$137/sqft
    Source: Public Record Report a problem
    8/3/2001Sold$183,000-4.9%$45/sqft
    Source: Public Record Report a problem
    1/25/1996Sold$192,500$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,793 +14.9%$766,633 +18.9%
    2024$10,266 +5.3%$645,000 +7%
    2023$9,745 +11.1%$603,000 +11%
    2022$8,768 $543,000
    2021-- $543,000 +3.8%
    2020$8,128 -0.2%$523,000
    2019$8,147 +9.4%$523,000 +8.3%
    2018$7,446 -3.2%$483,000 -4%
    2017$7,689 +16.1%$503,000 +14.3%
    2016$6,623 +19.9%$440,000 +28.7%
    2015$5,525 -0.5%$342,000 -2.3%
    2014$5,554 $350,000 +8.7%
    2013-- $322,000 +8.4%
    2012$4,890 -1.4%$297,000
    2011$4,959 +4.7%$297,000 +5.3%
    2010$4,735 +5.5%$282,000 +8%
    2009$4,486 -33.3%$261,000 -44.9%
    2008$6,723 -13.7%$473,841 -17.2%
    2007$7,794 +4%$572,220 +2%
    2006$7,493 +120.2%$561,000 +189.3%
    2005$3,403 +0.7%$193,946
    2004$3,378 +5.8%$193,946 +1.9%
    2003$3,192 $190,393 +4%
    2002$3,192 -37.9%$183,000 -13.8%
    2001$5,137 $212,226
    2000-- $212,226
    Find assessor info on the county website

    Neighborhood: Laurelglen

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $760,100
    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
    $760,100