900 Pacheco, Bakersfield, CA 93307, Bakersfield, 93307 - 0 bed, 0 bath
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Bakersfield, CA 93307
Analysis of 900 Pacheco, Bakersfield, CA 93307 is currently available with a list price of $750,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While built in 1977, the property has undergone a high-quality recent renovation (likely <5 years) featuring modern white shaker cabinets, marble-style countertops, and contemporary black fixtures. The exterior is well-maintained with a newly poured concrete parking lot and updated paint, meeting the criteria for mint condition.
The property features long-term tenants with over three years of residency, providing immediate and reliable cash flow with reduced turnover risk.
A newly poured concrete parking lot with assigned and guest spaces, along with on-site laundry facilities, adds significant functional value and curb appeal.
With market rents estimated at $1,000+ per unit, there is a clear opportunity for investors to increase the gross internal rate of return as leases normalize to market standards.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7678, other record lot size in square feet = 7840.
The property was sold for $585,000 in 2023; the current $750,000 asking price represents a sharp appreciation that may challenge appraisal values or initial cap rate expectations.
Built in 1977, the property may require higher ongoing maintenance reserves for aging systems such as plumbing, electrical, or roofing compared to newer developments.
Great investment opportunity in a desirable location. This well-maintained fourplex features long-term tenants (3+ years), offering stable income. The property consists of four units, each with 2 bedrooms and 1.5 bathrooms, along with a small private backyard. Improvements include a newly poured concrete parking lot with assigned and guest parking, plus an on-site laundry room. Conveniently located near shopping, schools, and parks. Priced to sell—market rents are estimated at $1,000+ per unit.
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 | 3,426 | 3,063 | 50% |
| Lot Size | 7,678 | 7,297.5 | 75% |
| Price | $750.0K | $655.0K | 50% |
| Price per sq ft | $219 | $202 | 75% |
| Built year | 1977 | 1982 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 163 | 25% |
May 15, 2026
$750,000
Initial Listing
Apr 26, 2023
$585,000
Public Record
Aug 13, 2018
$270,000
Public Record
Aug 31, 2015
$245,000
Public Record
Jun 16, 2011
$120,000
Public Record
Apr 1, 2011
$84,000
Public Record
Oct 22, 2004
$370,000
Public Record