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Sold on 10/02/2019

2000 Pacific St, Bakersfield, CA 93305

$830,469

Last sold 10/02/2019 for $490K

  • —

    bed

  • —

    bath

  • 6,000

    Sqft ($82/Sqft)

House not for sale
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About 2000 Pacific St

Property type House
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.37 Acre
Movoto estimate
Rental estimate
Property description
8 - 2bed/1bath units located in the East Bakersfield submarket. Built in 1963 these units are located in a high demand rental neighborhood. Currently rented for $625, the rents appear to have additional upside for the next investor. At only $61K/unit this is an aggressive price on 2 bedroom units.
Listed by
Listing Agent - Marc A Thurston
Listing Agent Contact: 661-616-3585
Listing Office - ASU Commercial
Source: GEMLS mls logo
MLS#21910073 • last updated 7 years ago
Movoto checked GEMLS for data 25 minutes ago
Overview
Levels/Style 1
MLS # 21910073
SqFt 6000
SubType 5 - 10 Units
Status Sold
Type Residential Income
Lot Size (SqFt) 16263
Year Built 1963
Exterior
Parking Uncovered
Location
County Kern
Subdivision Pacific Improv
Multifamily Details
Total # of Units 8
Vacancy Factor 5
Annual Net Income 23962
Cap Rate % 0.05
Annual Gross Income 60000
Total Annual Expense 33539
$830K
Range: $747K-$913K
Last 30 days 
Rental est.: $898/month
Gross rent multiplier: 45.5
  • Oct 2019
    mls logo MLS # 21910073
  • Oct 2, 2019 Sold
    $490,000
  • Aug 30, 2019 Pending
    —
  • Aug 26, 2019 Listed
    $490,000 (+55.6%)
  • Sep 2019
    Public Records
  • Sep 12, 2019 Sold
    $490,000
  • Mar 2014
    Public Records
  • Mar 19, 2014 Sold
    $315,000 (+90.9%)
  • Dec 2001
    Public Records
  • Dec 11, 2001 Sold
    $165,000
  • Year Property taxes Tax assessment
  • 2024
    $13,190 +3.5%
    $530,390 +4.04%
  • 2023
    $12,750 +5.4%
    $509,796 +2.0%
  • 2022
    $12,096 +5.8%
    $499,800 +2.0%
  • 2021
    $11,433
    $490,000
  • 2020
    $11,433
    $490,000
  • 2000 Pacific St
    $490K
  • East Bakersfield
    $239K
  • 93305
    $319K +6% y/y
  • Bakersfield
    $440K +2% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2005 Pacific St, Bakersfield, CA 93305 $166,000 2/1 620 0.02
1500 Palm Dr, Bakersfield, CA 93305 $392,000 3/1 1,450 0.03
1504 Palm Dr, Bakersfield, CA 93305 $256,000 4/2 1,474 0.03
2017 Pacific St, Bakersfield, CA 93305 $239,000 3/1 1,115 0.03
1420 Palm Dr, Bakersfield, CA 93305 $274,000 2/1 836 0.04
1524 Palm Dr, Bakersfield, CA 93305 $246,000 2/1 935 0.05
1418 Palm Dr, Bakersfield, CA 93305 $188,000 2/1 728 0.05
2001 Quincy St, Bakersfield, CA 93305 $229,000 3/1 1,626 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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4/10
Horace Mann Elementary School
public Grades K-6
Bakersfield City School District
3/10
Emerson Middle School
public Grades 6-8
Bakersfield City School District
4/10
East Bakersfield High School
public Grades 9-12
Kern Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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