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Sold on 08/09/2024

8614 Grandy St, Bakersfield, CA 93314

$578,000

Last sold 08/09/2024 for $1.17M

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    bed

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    bath

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About 8614 Grandy St

Property type House
Neighborhood
Year built 2023
HOA fee $0/month
Lot size 1 Acre
Movoto estimate
Rental estimate
Property description
We are thrilled to present a unique offering of two brand new duplexes representing the epitome of Class A real estate in Northwest Bakersfield. Boasting an attractive unit mix of two and three bedrooms, this investment promises outstanding returns and caters to a diverse tenant base, making it perfect for any type of investor. Thoughtfully designed to exude modern luxury and functionality, these duplexes offer an unparalleled living experience for families, professionals, and individuals alike. Located in a prime part of Bakersfield, this offering guarantees high demand and consistent occupancy rates, ensuring a steady income stream.
Listed by
Listing Agent - Eric VanDenk
Listing Agent Contact: 661-376-0575 X1
Listing Office - Central Valley Property Advisors
Source: GEMLS mls logo
MLS#202403201 • last updated 2 years ago
Movoto checked GEMLS for data 7 minutes ago
Overview
Levels/Style 1
MLS # 202403201
SubType 4 Units
Status Sold
Type Residential Income
Lot Size (SqFt) 43560
Year Built 2023
Exterior
Location
County Kern
Multifamily Details
Total # of Units 4
Vacancy Factor 3
Annual Net Income 72900
Cap Rate % 0.06
Annual Gross Income 97200
Total Annual Expense 24300
$578K
Range: $531K-$624K
Last 30 days 
Rental est.: $2,995/month
Gross rent multiplier: 32.6
  • Aug 2024
    mls logo MLS # 202403201
  • Aug 9, 2024 Sold
    $1,170,000 (+101.7%)
  • Apr 4, 2024 Pending
    —
  • Apr 1, 2024 Listed
    $1,200,000
  • Aug 2024
    Public Records
  • Aug 2, 2024 Sold
    $580,000 (-51.7%)
  • Year Property taxes Tax assessment
  • 2024
    $2,036 +221.2%
    $580,000 +1368.39%
  • 2023
    $634
    $39,499
  • 8614 Grandy St
    $1.17M
  • 62
    —
  • 93314
    $570K 0% y/y
  • Bakersfield
    $440K +2% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
7724 Ruthburg Way, Bakersfield, CA 93314 $722,000 —/— — 0.05
7810 Ruthburg Way, Bakersfield, CA 93314 $641,000 —/— — 0.05
7716 Ruthburg Way, Bakersfield, CA 93314 $684,000 4/3 2,561 0.05
7818 Ruthburg Way, Bakersfield, CA 93314 $698,000 4/3 2,795 0.06
7708 Ruthburg Way, Bakersfield, CA 93314 $723,000 4/3 2,976 0.06
7700 Ruthburg Way, Bakersfield, CA 93314 $686,000 4/3 2,561 0.07
7902 Ruthburg Way, Bakersfield, CA 93314 $658,000 4/— — 0.08
8710 Dromana Ct, Bakersfield, CA 93314 $673,000 4/3 2,577 0.08

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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5/10
Norris Middle School
public Grades 7-8
Norris Elementary School District
7/10
Centennial High School
public Grades 9-12
Kern Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 62

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