600 Hosking 10, Bakersfield, CA 93307, Bakersfield, 93307 - 10 bed, 7 bath
ACTIVE$999,000$4,432/sqft
600 Hosking 10, Bakersfield, CA 93307
10Beds
7Baths
4,432Sqft
5,663Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Turnkey Investment: The property is explicitly marketed as a 'true turnkey opportunity' with professional management and a strong, consistent rental history, ideal for investors seeking immediate income.
Top Cons:
High Association Fees: The substantial monthly association fee of $735 significantly impacts the property's net operating income and overall investment returns.
Compared to the nearby listings
Price:$999.0K vs avg $462.5K (+$536,500)75%
Size:4,432 sqft vs avg 1,242 sqft75%
Price/sqft:$225 vs avg $25150%
More Insights
Built in 2006 (20 years old).
Condition: Built in 2006, this multi-unit property is 18 years old and appears to be very well-maintained, aligning with the 'Good' condition criteria. The interiors, including kitchens and bathrooms, are clean and functional with minimal wear and tear. While the kitchen appliances (white) and bathroom fixtures/finishes (laminate countertops, standard vanities) reflect the original builder-grade style of the mid-2000s and are not extensively updated to current modern trends, they are in good working order and do not require immediate renovation. The property is move-in ready, and major systems appear functional and within their expected lifespan, as evidenced by the well-kept exterior and community amenities.
Year Built
2006
Close
-
List price
$999K
Original List price
-
Price/Sqft
$225
HOA
$735
Days on market
-
Sold On
-
MLS number
FR25250633
Home ConditionGood
Features
Pool
Spa
Patio
View-
About this home
Welcome to a beautifully maintained multi-unit property located in one of Bakersfield’s most desirable gated communities. This investment offers modern living spaces, professional management, and a strong rental history that reflects consistent performance and tenant satisfaction. The property features spacious floor plans, open layouts, and access to exceptional community amenities, including pools, spa, fitness center, clubhouse, and landscaped common areas. Its prime location provides easy access to nearby shopping, schools, and major transportation routes, offering both convenience and long-term value. Whether you’re expanding your portfolio or seeking a stable addition to your investment strategy, this property combines comfort, quality, and reliable management — a true turnkey opportunity in the heart of Bakersfield.
S
SUMANJEET SINGH
Listing Agent
Nearby schools
5/10
Valle Verde Elementary School
Public,•K-5•0.5mi
6/10
Leon H. Ollivier Middle School
Public,•6-8•0.5mi
6/10
Mckee Middle School
Public,•6-8•0.6mi
4/10
Golden Valley High School
Public,•9-12•0.1mi
Price History
Date
Event
Price
09/11/23
Sold
$830,000
Condition Rating
Good
Built in 2006, this multi-unit property is 18 years old and appears to be very well-maintained, aligning with the 'Good' condition criteria. The interiors, including kitchens and bathrooms, are clean and functional with minimal wear and tear. While the kitchen appliances (white) and bathroom fixtures/finishes (laminate countertops, standard vanities) reflect the original builder-grade style of the mid-2000s and are not extensively updated to current modern trends, they are in good working order and do not require immediate renovation. The property is move-in ready, and major systems appear functional and within their expected lifespan, as evidenced by the well-kept exterior and community amenities.
Pros & Cons
Pros
Turnkey Investment: The property is explicitly marketed as a 'true turnkey opportunity' with professional management and a strong, consistent rental history, ideal for investors seeking immediate income.
Premium Gated Community: Located within one of Bakersfield's most desirable gated communities, offering enhanced security and exclusivity for residents.
Extensive Community Amenities: Tenants benefit from exceptional community amenities including pools, a spa, fitness center, clubhouse, and well-maintained common areas, adding significant lifestyle value.
Modern Construction & Condition: Built in 2006, the multi-unit property features modern living spaces and is described as beautifully maintained, reducing immediate capital expenditure concerns.
Strategic Location: Its prime location provides convenient access to shopping, schools (with good ratings), and major transportation routes, appealing to a broad tenant base.
Cons
High Association Fees: The substantial monthly association fee of $735 significantly impacts the property's net operating income and overall investment returns.
Recent Significant Price Increase: Listed at $999,000, the property shows a 20% price increase since its sale in September 2023 ($830,000), which may require thorough market justification for potential buyers.
Dependence on HOA Management: While offering amenities, the high HOA fee implies a strong reliance on the association for property and amenity management, which can lead to potential future assessments or changes in community policies.