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132 Ohio Dr, Bakersfield, CA, 93307

$949,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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132 Ohio Dr, Bakersfield$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1929
MLS #SR24234764
Lot Size0.57 Acres
StatusActive

About 132 Ohio Dr

Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants. The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal. With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 1

Listing Office:

  • Office Name: Mamdouh Elalami
  • Office Phone: (805) 558-6069
  • Listing Agent: Seven Star Properties

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.57 Acres

Other

Directions Information:

  • Directions: off of tollhouse drive; near highway 58

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000

Tax Information:

  • Annual Amount: $4,715
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bakersfield, CA.

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Bakersfield, CA

City

Med. Sold Price

$380K

Med. Price/SqFt

$238

Avg. Days On Market

36

# of Sold Homes

53

132 Ohio Dr vs Bakersfield

1 DAY ON ROCKET

-35 Days

$949,000

+$569K More

KEY TAKEAWAY

This property is $569K more than the Median Sold Price in Bakersfield, CA.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24234764

Listing Office:

  • Office Name: Mamdouh Elalami
  • Office Phone: (805) 558-6069
  • Listing Agent: Seven Star Properties

IDX 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: 11/17/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2018Home Sold
$115,000
May 22, 2018Home Sold
$225,000
Oct 19, 2010Home Sold
$60,000
Aug 10, 2009Home Sold
$115,000
Sep 10, 2008Home Sold
$416,780
Jan 16, 2004Home Sold
$67,000
Sep 19, 2000Home Sold
$117,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,715$234,195
2020$4,581$231,795
2019$3,280$227,250
2018$3,250$129,486
2017$3,250$126,948

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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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.

Nearby Schools

school-card-donut-406649
2
/10

  • John C. Fremont Elementary School

  • 607 Texas St

  • 0.36 miles

  • Public District Grades KG-6

school-card-donut-406650
3
/10

  • Mckinley Elementary School

  • 601 4th St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-406651
3
/10

  • Casa Loma Elementary School

  • 525 E Casa Loma Dr

  • 0.90 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,458. 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.

All data provided by Home Junction and Claritas

Rocket Homes›California›Kern County›Bakersfield›93307›132 Ohio Dr

This home is located at 132 Ohio Dr in Bakersfield, CA and zip code 93307 in the The Southeast neighborhood. This home, which was built in 1929, sits on a 0.57 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $949,000.

Bakersfield, CA housing market in October 2024 saw over 19 listings sold above listed price, more than 7 sold at listed price and over 27 sold below. Between September 2024 and October 2024, Bakersfield, CA real estate market has seen increase in the number of listings by 4.2%. Listings spent 36 days on the market in October 2024, and had a median list price of $380,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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