Located at 2403 N Inyo and 404-406 Jeffrey in Bakersfield, CA, this multifamily property is on the market for $480,000. The property includes a total of four units: one 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units, built in 1939 and 1948, encompassing approximately 4,266 square feet. Each unit is equipped with laundry hookups, and there is additional detached storage available. With a gross scheduled rent of $46,236, this investment property presents a solid opportunity for consistent rental income.
Multi-familyProperty Type
1939Year Built
0.32 acresLot Size
$118Est. Price/Sq.Ft.
Listed by Marc Thurston•DRE #1099353• ASU Commercial
Contact: 661-889-6597
Bought with Marc Thurston•DRE #1099353• ASU Commercial
Great Investment property!!! Front House Located on corner with newer duplex behind needs TLC But great potential!!!
Public Records
Jul 13, 2005
Sold
$327,000
$77/sq ft
Public Records
Apr 30, 2004
Sold
$175,000
$41/sq ft
GEMLS #23005237
May 18, 2004
Sold
$17,000
$4/sq ft
Nov 20, 2003
Delisted
—
Jun 20, 2003
Listed
$17,000
$4/sq ft
BACK ON MARKET. Price reduction, this sellers are desperate to sell. Property has being used for a Landscaping company to store their equipment and park their work trucks and trailers. Storage shed to stay with the property. Same owners as on 2409 N. Inyo St. (1/1)selling separately for $49,950.00 and three units at 404 Jeffrey St. selling separately for $135,000.00 could sell all together for $185,000.00.Zoned R2.Agent to verify on it.
Public Records
Jun 15, 1999
Sold
$135,000
$32/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,250 (+88.9%)
$102,000 + $275,400
$377,400
2024
$4,367 (+4.5%)
$25,745 + $32,183
$57,928
2023
$4,180 (+10.6%)
$25,241 + $31,552
$56,793
2022
$3,779 (+10.1%)
$25,241 + $31,552
$56,793
2021
$3,433 (+4.4%)
$24,262 + $30,328
$54,590
2020
$3,288 (+4.9%)
$23,787 + $29,734
$53,521
2019
$3,133 (+2.9%)
$23,544 + $29,430
$52,974
2018
$3,045 (+2.0%)
$23,083 + $28,853
$51,936
2017
$2,984 (+20.7%)
$22,188 + $27,734
$49,922
2016
$2,472
$22,188 + $27,734
$49,922
2015
$2,472 (+2.8%)
$21,753 + $27,191
$48,944
2014
$2,404
$21,008 + $26,259
$47,267
Tax history for 2403 N Inyo St
Year
Property tax
Land + Additions
Assessment*
2025
$8,250 (+88.9%)
$102,000 + $275,400
$377,400
2024
$4,367 (+4.5%)
$25,745 + $32,183
$57,928
2023
$4,180 (+10.6%)
$25,241 + $31,552
$56,793
2022
$3,779 (+10.1%)
$25,241 + $31,552
$56,793
2021
$3,433 (+4.4%)
$24,262 + $30,328
$54,590
2020
$3,288 (+4.9%)
$23,787 + $29,734
$53,521
2019
$3,133 (+2.9%)
$23,544 + $29,430
$52,974
2018
$3,045 (+2.0%)
$23,083 + $28,853
$51,936
2017
$2,984 (+20.7%)
$22,188 + $27,734
$49,922
2016
$2,472
$22,188 + $27,734
$49,922
2015
$2,472 (+2.8%)
$21,753 + $27,191
$48,944
2014
$2,404
$21,008 + $26,259
$47,267
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1939
Sq. Ft.
693
Year built
1939
Style
Multi-Family (2-4 Unit)
County
Kern County
APN
12514026007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-2
Medium-Density Residential District
The purpose of the Medium-density Residential (R-2) District is to designate areas for single-family, duplex, and other medium-density, multifamily residential uses. The maximum density allowed is 16 du per net acre. While single-family houses and duplexes typify this district, other innovative housing techniques, including clustering and zero lot line developments, are permitted in combination with the Cluster CL Combining District.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Office
Communications tower
Housing-Mobile home park
Property details
Parking
Parking Information
Parking: Uncovered
Interior
Community Features
Laundry Hookup
Multi-Unit Information
# of Units: 4
Financial Info: Owner
Annual Gross Income: $46,236
Annual Net Income: $26,048
Income/Expense Info: Pro Forma
Total Annual Expense: $18,800
Unit Type 1 Information
# of Units: 1
# of Bedrooms: 1
# of Baths: 1
Actual Monthly Rent: $819
Unit Type 2 Information
# of Units: 1
# of Bedrooms: 1
# of Baths: 1
Actual Monthly Rent: $795
Unit Type 3 Information
# of Units: 1
# of Bedrooms: 2
# of Baths: 1
Actual Monthly Rent: $1,375
Unit Type 4 Information
# of Units: 1
# of Units: 1
# of Bedrooms: 1
# of Baths: 1
Actual Monthly Rent: $864
Exterior
Building Information
Stories: 1
Foundation: Slab, Conc./Perim
Roof: Composition
Exterior Features
Exterior Material: Stucco
Land & Farm Information
Census Tract: 14.01
Acres: 0.32
Lot Information
Lot Measurement: Square Feet
Zoning: R2
Property Information
Occupant Type: Tenant
Financial
Lease Information
Vacancy Factor: 3.00
Utilities
Utility Information
Heating & Cooling: Evaporative, Other
Sewer/Water: Sewer, Public Water
Location
School Information
Elementary Districts: Bakersfield City
Elementary School: Longfellow
Jr. High School: Washington
Sr. High School: Highland
Public facts
Beds: 2
Baths: —
Sq. Ft.: 693
Stories: 1.0
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1939
Year Renovated: 1939
County: Kern County
APN: 12514026007
Home facts updated by county records on Sep 14, 2026
Other
Listing Price Information
Price Per Unit: $120,000
Around this home
Schools
Longfellow Elementary School
Public K-6 • Assigned • 0.7mi
2/10
Washington Middle School
Public 6-8 • Assigned • 0.7mi
2/10
East Bakersfield High School
Public 9-12 • Assigned • 1.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
39 unhealthy days expected this year, 45 days in 30 years
Provided by First Street
Historical weather
Bakersfield, CA • 93305
Average low and high temperatures (°F)
61
42
68
47
75
53
77
55
86
62
95
70
98
73
99
75
91
70
77
58
66
50
58
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.9 hours in
June and 5.3 hours in December, placing it above the
U.S. average for solar exposure.
11.9 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$479,000 – $580,000
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