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Sold on 01/02/2026
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331 Pacheco Rd, Bakersfield, CA 93307

$5,100,000

Last sold 01/02/2026

  • 80

    bed

  • 80

    bath

  • 36,160

    Sqft ($141/Sqft)

Multi-family not for sale
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About 331 Pacheco Rd

Property type Multi-family
Neighborhood
Year built 2007
HOA fee $0/month
Lot size 1.84 Acre
Movoto estimate
Property description
This 80-bedroom, 80-bathroom multi-family property is located at 331 Pacheco Rd, Bakersfield, CA, 93307 in Kern County and was built in 2007. The property offers 36,160 square feet of living space on a 80,150 sq ft (1.84-acre) lot. The estimated market value is $3,949,000, approximately $109 per square foot.
Overview
Levels/Style Multi/Split
MLS # 25530349
Type Residential Income
Status Active
SqFt 36160
Lot Size (SqFt) 80150
Lot Size (Acres) 1.84
Year Built 2007
Interior
Total # of Baths 80
Total # of Bedrooms 80
Exterior
Parking Desc Carport
Add'l Structures None
Amenities / Utilities
Equipment Microwave, Dishwasher, Range/Oven, Refrigerator
Location
County Kern
Zoning R-2
APN 41201034005
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 23200
Unit 1: # Beds 2
Unit 1: Rent 1450
Unit 2: Rent 1750
Unit 2: Furnished No
Unit 2: Projected Rent 28000
Unit 2: # Beds 3
Unit 2: # Baths 2
Unit 1: # Baths 1.5
Unit 2: Actual Rent 336000
Unit Type 2106, 2107
Unit 1: Actual Rent 278400
Total # Of Buildings 8
Net Operating Income 320384
Annual Rent 553504
Cap Rate 10
Gross Income 567504
Gross Operating Income 567080
Gross Rent Multiplier 10.12
Total Annual Expenses 246695
$5.6M
Range: $5.04M-$6.16M
Last 30 days 
  • Jan 2026
    Public Records
  • Jan 2, 2026 Sold
    $5,100,000 (-8.9%)
  • May 2025
  • May 9, 2025 Delisted
    $5,600,000
  • May 1, 2025 Price Change
    $5,600,000 (-3.4%)
  • Apr 29, 2025 Listed
    $5,800,000 (+73.1%)
  • Apr 2019
  • Apr 1, 2019 Sold
    $3,350,000
  • Apr 1, 2019 Sold
    $3,350,000 (+243.6%)
  • Dec 6, 2018 Pending
    —
  • Aug 13, 2018 Listed
    $3,600,000
  • Aug 13, 2018 Listed
    $3,600,000
  • Mar 2019
    Public Records
  • Mar 29, 2019 Sold
    $975,000 (-72.9%)
  • Year Property taxes Tax assessment
  • 2025
    $56,929 +1.7%
    $3,723,822
  • 2024
    $55,969 +2.2%
    $3,723,822 +4.04%
  • 2023
    $54,781 +0.8%
    $3,579,223
  • 2022
    $54,340 +7.7%
    $3,579,223 +4.04%
  • 2021
    $50,435 -0.4%
    $3,440,239 +1.04%
  • 2020
    $50,628
    $3,404,964
  • 331 Pacheco Rd
    $5.1M
  • Baker
    —
  • 93307
    $380K +8% y/y
  • Bakersfield
    $440K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Plantation Elementary School
public Grades K-5
Greenfield Union School District
6/10
Greenfield Middle School
public Grades 6-8
Greenfield Union School District
5/10
South High School
public Grades 9-12
Kern Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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