2 months on rocket

2410 S M St, Bakersfield, CA, 93304

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
7,144 SqFt
$210/SqFt
House

Location

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2410 S M St, Bakersfield$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingUnassigned, Uncovered
Year Built1984
HeatingWall Furnace
MLS #24414483
Lot Size0.39 Acres
StatusActive

About 2410 S M St

CBRE, Inc. is pleased to exclusively present 2410 S. M Street, a twenty-unit multifamily investment property in Bakersfield, California. On the market for the first time in 20 years, The M Street Apartments are located three minutes from the Bakersfield Municipal Airport and 1 hour and 20 minutes from The City of Los Angeles. Constructed in 1984, the 20-unit 7,144 square foot building sits on a 16,988 square foot lot. 50% of the gross revenue is government subsidized via HUD and CalVet, providing the new owner security of cash flow. The property has a unit mix of 20 studio/1 bath units with an uncovered parking lot and serviced by three central water heaters. The roofs on both buildings have also been replaced within the last 24 months. The M Street apartments are a true value-add investment opportunity for an astute investor looking for a hedge against inflation. Please contact listing agents for more information.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2
  • Living Area: 7,144 SqFt

Listing Office:

  • Office Name: CB Richard Ellis, Inc.
  • Listing Agent: Manny Nunez

Interior Features

Interior Information:

  • Appliances: Refrigerator

Exterior Features

Parking Information:

  • Parking: Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Sequoia Middle School, Public District Grades 6-8
  • Downtown Elementary School, Public District Grades KG-8
  • Frank West Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 2410 S M Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $210/SqFt

Tax Information:

  • Annual Amount: $23,797
  • 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

$389.9K

Med. Price/SqFt

$240

Avg. Days On Market

33

# of Sold Homes

64

2410 S M St vs Bakersfield

69 DAYS ON ROCKET

+36 Days

$1,499,000

+$1.1M More

$210/SqFt

-$31 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $31/SqFt less than other homes in Bakersfield, CA.

Based on homes sold in August 2024

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24414483

Listing Office:

  • Office Name: CB Richard Ellis, Inc.
  • Listing Agent: Manny Nunez

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: 9/20/2024, 10:20:52 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

Nov 21, 2005Home Sold
$895,000

Tax History

YEARPROP. TAXASSESSMENT
2021$23,797$920,000
2020$23,214$920,000
2019$25,419$920,000
2018$24,777$920,000
2017$24,777$920,000

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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.

Elementary School

school-card-donut-158315
5
/10

  • Frank West Elementary School

  • 2400 Benton St

  • 0.67 miles

  • Public District Grades KG-5

Middle School

school-card-donut-158316
2
/10

  • Sequoia Middle School

  • 900 Belle Terrace

  • 1.06 miles

  • Public District Grades 6-8

school-card-donut-158317
8
/10

  • Downtown Elementary School

  • 2021 M St

  • 3.10 miles

  • Public District Grades KG-8

High School

school-card-donut-158318
5
/10

  • South High School

  • 1101 Planz Rd

  • 0.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,583. The most common annual income of people living in Bakersfield, CA is less than $35k. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2410 S M St

What is the listing price of this property?

The listing price of 2410 S M St property is $1,499,000.

What type of property is this?

The property 2410 S M St is a house located in Bakersfield, California, 93304.

Is this property for sale now?

Active Listing: 2410 S M St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2410 S M St are:
Frank West Elementary School: GreatSchools Rating 5/10
Sequoia Middle School: GreatSchools Rating 2/10
Downtown Elementary School: GreatSchools Rating 8/10
South High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $23,797 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 21, 2005 for $895,000. (source: MLS/tax record).

What is the square footage of this property?

The property 2410 S M St is 7,144 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2410 S M St is 1984.

Rocket Homes›California›Kern County›Bakersfield›93304›2410 S M St

This home is located at 2410 S M St in Bakersfield, CA and zip code 93304 in the South Bakersfield neighborhood. This 7,144 square foot home, which was built in 1984, sits on a 0.39 acre lot. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $1,499,000.

In August 2024 more than 17 listings in Bakersfield, CA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 24 were sold below. In August 2024 in Bakersfield, CA there were 3.1% more homes for sale than in July 2024. The median list price of listings available in August 2024 was $389,950, while the average time on the real estate market was 33 days.

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

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