**Prime Investment Opportunity: Southwest Bakersfield 4-Plex** Attention real estate investors! Don't miss this exceptional chance to own a fully occupied and professionally managed 4-plex in the heart of Southwest Bakersfield. This property offers diverse rental options, making it ideal for maximizing cash flow: - **Unit A**: A single-level main unit featuring 2 bedrooms, 1.75 baths, a dining area, laundry hookups, and an attached 2-car garage. - **Units B & C**: Two-story layouts, each offering 2 bedrooms and 1.5 baths. - **Unit D**: An upstairs unit with 2 bedrooms, 1 bath, and its own private balcony--an attractive perk for tenants. All units are equipped with 2-car garages, in-unit laundry hookups, and modernized amenities, including newer central heating and air systems and water heaters. Strategically located near schools, shopping, dining, and with convenient access to the Golden State Hwy, this property is in a high-demand area, ensuring consistent tenant interest. Whether you're expanding your portfolio or starting your investment journey, this well-maintained 4-plex is a standout opportunity!
Property Details
Property Features
Property Information:
Year Built: 1978
Stories: 2
Listing Office:
Office Name: Century 21 Real Estate Alliance
Office Phone: (805) 650-0555
Listing Agent: Armani Amezcua
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Garage Space: 4 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Other
Directions Information:
Directions: Take exit 24 from CA-99 N:Merge onto CA-99 N.Take exit 24 for Ming Ave.Continue on Ming Ave:Turn right onto Ming Ave.Turn right onto McDonald Way.
Price Information
Listing Price Info
Price Summary:
List Price: $795,000
Tax Information:
Annual Amount: $7,253
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bakersfield, CA.
This property is $412.5K more than the Median Sold Price in Bakersfield, CA.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #V1-26963
Listing Office:
Office Name: Century 21 Real Estate Alliance
Office Phone: (805) 650-0555
Listing Agent: Armani Amezcua
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 07, 2017
Jun 07, 2017Home Sold
$416,000
Feb 04, 2011
Feb 04, 2011Home Sold
$160,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,253
$446,033
2020
$7,114
$441,461
2019
$6,819
$432,806
2018
$3,856
$424,320
2017
$3,856
$176,621
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,035
Per Month
Principal & Interest
$3,968
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,450
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Millie G. Munsey Elementary School
3801 Brave Ave
Distance between this listing and this school0.52 miles
Public District Grades KG-6
4
/10
Stine Elementary School
4300 Wilson Rd
Distance between this listing and this school0.79 miles
Public District Grades KG-6
5
/10
Evergreen Elementary School
2600 Rose Marie Dr
Distance between this listing and this school1.12 miles
Public District Grades KG-5
Nearby Schools
4
/10
James Curran Middle School
1116 Lymric Way
Distance between this listing and this school0.39 miles
Public District Grades 6-8
5
/10
O.J. Actis Junior High School
2400 Westholme Blvd
Distance between this listing and this school0.94 miles
Public District Grades 7-8
5
/10
Fred L. Thompson Junior High School
4200 Planz Rd
Distance between this listing and this school1.25 miles
Public District Grades 7-8
Nearby Schools
4
/10
West High School
1200 New Stine Rd
Distance between this listing and this school0.41 miles
Public District Grades 9-12
2
/10
Kern Workforce 2000 Academy
5801 Sundale Ave
Distance between this listing and this school0.71 miles
Public Charter Grades 9-12
5
/10
Bakersfield High School
1241 G St
Distance between this listing and this school2.42 miles
The neighbors living near this home have an average income of $29,344. Typical income of Bakersfield, CA residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 1108 Mcdonald Way in Bakersfield, CA and zip code 93309 in the The Southwest neighborhood. This home, which was built in 1978, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 28, 2024 and is currently priced at $795,000.
In November 2024 more than 14 listings in Bakersfield, CA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 35 were sold below. The number of listings in Bakersfield, CA increased by 4.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 41 days, the median list price was $382,500.
From Rocket Homes Real Estate and based on county public records data.