Home For Sale In Bakersfield, California

house for sale

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Listed: 04/11/24

999 East Brundage Lane, Bakersfield, CA 93307, USA

Studio Bed:

9,512 Sq Ft Living Area:

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Price

$ 1,64M

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About This House

We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located@929 E Brundage Ave in BakersfieldCA 93307.The offering has significant value-add potential with all 1 bedroom, 1 bath units, and recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!

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Houses for sale in Bakersfield

Original listing

Bakersfield Housing & Living

Average sale prices for houses

3 bed

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Month	Median Price
Apr 2024	$391,179 (-15.5%)
Mar 2024	$463,064 (0%)
Feb 2024	$463,064 (0%)
Jan 2024	$463,064 (+24.3%)
Dec 2023	$372,551 (0%)
Nov 2023	$372,551 (0%)

In April 2024, the asking price for 3 bed houses for sale in/near Bakersfield, United States averaged $391,179, a decrease of 15.5% from the previous month.

Median price trends for properties for sale in Bakersfield, United States as of April 2024.

Household Income

Median household income: $60,002

Number of households: 121,615

The average household income in Bakersfield, CA grew from $57,105 to $60,002 in the past year. This data is an estimate based upon 121,615 households in Bakersfield, CA.
The chart below presents how household income is distributed in Bakersfield, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bakersfield, CA compared to median property taxes around the country. The prevalent amount of property taxes in Bakersfield, CA equals $3k+ , which is more than the national average.