2801 Alta Vista Dr, Bakersfield, CA 93305, Bakersfield, 93305 - bed, bath
ACTIVE$649,000/sqft
2801 Alta Vista Dr, Bakersfield, CA 93305
0Bed
0Bath
Sqft
11,761Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Property: As a quadruplex, this property offers four distinct units, providing a robust platform for generating significant rental income and diversifying investment risk.
Top Cons:
As-Is Sale Condition: The property is being sold in its current 'as-is' condition, which implies that the buyer will be responsible for any necessary repairs, renovations, or deferred maintenance, potentially incurring additional costs.
Compared to the nearby listings
Price:$649.0K vs avg $608.0K (+$41,000)67%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1968 (58 years old).
Condition: Built in 1968, this quadruplex shows significant age. The kitchens feature very dated tile countertops and older white appliances across all units. While one kitchen has painted cabinets and newer LVP flooring, and another has slightly newer dark wood cabinets, these are cosmetic refreshes rather than full renovations. Other units retain original-looking wood cabinets and old tile flooring. No bathrooms are shown, but given the kitchen conditions, they are likely equally dated. The overall property requires substantial rehabilitation and updates to meet current quality standards, aligning with the 'poor' condition criteria for a property built over 50 years ago with minimal significant renovations.
Year Built
1968
Close
-
List price
$649K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25216705
Home ConditionPoor
Features
Pool
Patio
View-
About this home
4 UNITS IN A VERY DESIRABLE AREA OF BAKERSFIELD Ca. This quadruplex offers 3 units that are two bedrooms and one bathrooms and 1 unit with three bedrooms and two bathrooms. Centralized near major shopping centers, two major freeways and local public centers. Close to Grace Memorial High school and Our Lady of Perpetual Help Catholic School. The unit is fully tenant occupied and will be sold and its current occupation and condition. Great property for investors and new landlords looking to create reschedule rental income.
G
Gustavo Ontiveros
Listing Agent
Nearby schools
2/10
Myra A. Noble Elementary School
Public,•K-5•0.6mi
2/10
Longfellow Elementary School
Public,•K-6•0.8mi
2/10
Washington Middle School
Public,•6-8•0.7mi
3/10
East Bakersfield High School
Public,•9-12•2.0mi
6/10
Highland High School
Public,•9-12•3.5mi
Price History
Date
Event
Price
11/08/18
Sold
$446,000
06/18/02
Sold
$227,000
Condition Rating
Poor
Built in 1968, this quadruplex shows significant age. The kitchens feature very dated tile countertops and older white appliances across all units. While one kitchen has painted cabinets and newer LVP flooring, and another has slightly newer dark wood cabinets, these are cosmetic refreshes rather than full renovations. Other units retain original-looking wood cabinets and old tile flooring. No bathrooms are shown, but given the kitchen conditions, they are likely equally dated. The overall property requires substantial rehabilitation and updates to meet current quality standards, aligning with the 'poor' condition criteria for a property built over 50 years ago with minimal significant renovations.
Pros & Cons
Pros
Multi-Unit Income Property: As a quadruplex, this property offers four distinct units, providing a robust platform for generating significant rental income and diversifying investment risk.
Full Occupancy: The property is fully tenant-occupied, ensuring immediate and consistent cash flow for investors from the moment of acquisition, eliminating vacancy concerns.
Prime Location: Situated in a highly desirable area of Bakersfield, the property benefits from excellent proximity to major shopping centers, two major freeways, and various local public amenities.
Diverse Unit Mix: The mix of three 2-bedroom/1-bathroom units and one larger 3-bedroom/2-bathroom unit caters to a broader range of tenant needs and preferences, potentially maximizing rental appeal.
Proximity to Schools: The location is convenient to both public and private educational institutions, including Grace Memorial High School and Our Lady of Perpetual Help Catholic School, enhancing its attractiveness to families.
Cons
As-Is Sale Condition: The property is being sold in its current 'as-is' condition, which implies that the buyer will be responsible for any necessary repairs, renovations, or deferred maintenance, potentially incurring additional costs.
Property Age: Built in 1968, the property is over 50 years old, which may necessitate more frequent maintenance, updates to major systems (e.g., plumbing, electrical, HVAC), and potential compliance with newer building codes.
Lower-Rated Public Schools: Several nearby public elementary and middle schools have low ratings (e.g., 2 out of 10), which could be a drawback for families prioritizing access to highly-rated public education.