6912 N Half Moon, Bakersfield, CA 93309, Bakersfield, 93309 - 0 bed, 0 bath
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Bakersfield, CA 93309
This Well-Maintained Quadruplex is a strategic income asset with a List Price of $770,000, positioned accurately at its $768,500 Fair Market Value. The property holds a Good Condition Rating following recent capital improvements, including modernized interior finishes, new privacy fencing, and updated garage doors. Each unit offers premium amenities such as private backyards and dedicated garage parking, ensuring high tenant desirability. Located near quality schools and parks, the property provides a turnkey entry into a high-demand submarket with substantial rental upside. This is a premier opportunity for Buy-and-Hold Investors and first-time investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6912 N Half Moon Subject | $770,000* List Price | 0 | 0 | 4,022 | $191 | - |
A 7000 N Half Moon Drive Active | $765,000 List Price | 0 | 0 | 4,022 | $190 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1982, the property is classified as 'good' due to extensive recent capital improvements and modernized interior finishes. The listing highlights fresh exterior paint, new privacy fencing, updated garage doors, and updated interior flooring and paint across the four units. While the provided images are limited to exterior and aerial views, the description indicates the property is well-maintained and move-in ready with no immediate renovation required, meeting the criteria for a well-kept investment asset.
With current rents positioned below market levels, this property offers a significant opportunity for investors to realize substantial upside in rental income and overall asset valuation.
Extensive recent upgrades, including fresh exterior paint, new privacy fencing, updated garage doors, and modernized interior finishes, minimize immediate CAPEX requirements for a new owner.
The inclusion of private backyards for every unit and dedicated garage parking provides a competitive edge in the rental market, enhancing tenant retention and desirability.
The unit mix features only one bathroom for the two-bedroom units and 1.5 for the three-bedroom unit, which may be perceived as a drawback for modern families or roommates.
Built in 1982, the property may soon require attention to original major systems such as plumbing or electrical that were not specified as part of the recent modernization.
Positioned in a premier Southwest Bakersfield location, 6912 N Half Moon Dr represents an exceptional opportunity to acquire a well-maintained four-unit investment property with strong income potential. Showcasing attractive curb appeal, mature landscaping, and extensive recent upgrades, this asset is ideally suited for both seasoned and first-time investors. The property features a desirable unit mix consisting of one expansive three-bedroom, one-and-a-half-bath residence and three well-proportioned two-bedroom, one-bath units. Each residence offers a private backyard, providing an ideal setting for outdoor enjoyment, along with dedicated garage parking. The three-bedroom unit includes a two-car garage, while each two-bedroom unit benefits from a one-car garage in addition to assigned parking. Significant capital improvements have been completed, including fresh exterior paint, new privacy fencing, updated garage doors, and modernized interior finishes such as flooring and paint. All units are equipped with washer and dryer hookups, enhancing tenant convenience and appeal. With rents currently below market levels, the property presents a compelling value-add opportunity with substantial upside in rental income. Its strategic location offers close proximity to quality schools, parks, dining, and convenient freeway access, further strengthening its long-term investment appeal. This is a rare opportunity to secure a competitively priced fourplex in one of Southwest Bakersfield’s most desirable submarkets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,022 | 2,011 | 50% |
| Lot Size | 13,503 | 12,930.5 | 50% |
| Price | $770.0K | $765.0K | 50% |
| Price per sq ft | $191 | $96 | 50% |
| Built year | 1982 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 131 | 50% |
Mar 31, 2026
$770,000
Initial Listing
May 12, 2005
$550,000
Public Record
Aug 17, 2001
$215,000
Public Record
Jan 25, 1996
$192,500
Public Record