2801 Alta Vista Drive, Bakersfield, CA 93305, Bakersfield, 93305 - 9 bed, 5 bath
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2801 Alta Vista Drive
Bakersfield, CA 93305
ACTIVE
CONDITION: POOR
9Beds
5Baths
3,723Sq Ft
0Lot Size
Property Price
LIST PRICE$699,999
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1968, this property shows significant age and a lack of major renovations. The kitchen, a key area, features very dated original wood cabinets, tile countertops, and older appliances, requiring substantial rehabilitation to meet modern standards. While some units have newer vinyl plank flooring, others retain older tile and carpet. The overall condition, coupled with the 'aging infrastructure' and 'as-is' sale condition noted in the listing, indicates that major components are likely at or past their expected lifespan and will require significant investment for repairs and upgrades.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is fully tenant-occupied, offering immediate and stable rental income for investors from day one.
- Strategic Location
Situated in a desirable area of Bakersfield, centralized near major shopping centers, two major freeways, and local public amenities, enhancing tenant appeal.
- Multi-Unit Investment
As a quadruplex, it provides diversified rental income streams and is explicitly marketed as a great property for investors and new landlords.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is being sold in its current occupation and condition ('as-is'), which may imply a need for immediate or future repairs and upgrades at the buyer's expense.
- Aging Infrastructure
Built in 1968, the property is over 50 years old, potentially leading to higher maintenance costs and the need for significant capital expenditures for system replacements or renovations in the near future.
- Subpar School Ratings
Several nearby public schools have low ratings (e.g., 2/10, 3/10), which could be a deterrent for family-oriented tenants and potentially impact long-term property value appreciation.
About 2801 Alta Vista Drive
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- -
Interior
- Total Bedrooms
- 9
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Myra A. Noble Elementary School
Grades K-5 • 0.6 mi
2/10
Longfellow Elementary School
Grades K-6 • 0.8 mi
2/10
Washington Middle School
Grades 6-8 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 9.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,723 | 1,983 |
| Lot Size | - | 5,227 |
| Price | $700.0K | $400.0K |
| Price per sq ft | $188 | $202 |
| Built year | 1968 | 1999 |
| HOA | $0 | $342 |
| Days on market | 898 | 157 |
Pricing History
Listed for Sale
May 9, 2024
$699,999
Initial Listing
Sold
Nov 8, 2018
$446,000
Public Record
Sold
Jun 18, 2002
$227,000
Public Record