Listed by Karine Haneyan•DRE #02100210• JohnHart Real Estate
Listed by David Hartunian•DRE #01383641• JohnHart Real Estate
For sale
$850,000
Est. $5,515/mo —
11
bd
•
6 ba
•
4,659
sq ft
2508 Ashe Rd, Bakersfield, CA 93309
About this home
2508 Ashe Road is a well maintained five-unit multifamily property in a desirable Southwest Bakersfield location. Built in 1978, the property is in good condition and has a stable, reliable tenant mix. Vacant units rent very fast given the desirable area and central location. The unit mix includes four 2- bedroom x1bath units and one 3-bedroom unit. Each unit has in-unit laundry, central heating, and air conditioning. The property also includes five separate garages, with one garage attached to the three bedroom unit. Some rents are below market, providing a clear opportunity to increase income. California generally permits annual rent increases of 5% plus inflation, up to a maximum of 10%, where applicable. This is a strong income producing property with good tenants, desirable features, and room for future rental growth.
Sagepointe, located between Stockdale Highway and California Avenue, is a residential and suburban Bakersfield neighborhood with a golf-course edge and a calm, landscaped street grid. The neighborhood’s character concentrates around the Stockdale Highway and Coffee Road corridor, where low-slung plazas, patios, and steady traffic set a polished, everyday rhythm. Housing reads as late-20th-century Bakersfield—stucco exteriors, tile roofs, and cul-de-sacs that buffer through-streets. The nearby Kern River Parkway adds a linear green backdrop for walks and bike rides. Buck Owens’ Crystal Palace and the Fox Theater anchor nights out beyond the immediate blocks. The Marketplace at River Walk supplies a modern outdoor retail promenade.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Two-level layout
Front door entry
Bedrooms
Five units with 2-bedroom units (four units) and one 3-bedroom unit
Bathrooms
Four units with one full bath each and one unit with two full baths
Laundry & utility
Laundry inside (in-unit or interior laundry)
Tenants pay all utilities
Heating & cooling
Central cooling
Central furnace heating
Exterior features
No pool
Curbs and sidewalks
Home design
Attached community apartment building
Two stories
Entry level: 1 (ground floor)
Parking
Garage parking with a total of 5 parking spaces (one garage space per unit)
Construction
Year built per assessor
One building
Two or more common walls
Utilities
Public sewer
District/public water
Separate water, gas and electric meters for each unit (5 each)
Financial info
Total actual rent collected: $7,470
Gross scheduled income: $89,640
Net operating income: $69,640
Operating expenses: $20,000
Total expenses: $12,400
Insurance expense: $2,400
Unit rents (actual): $1,270; $1,400; $1,400; $1,400; $2,000
Other
Total building area: 4,659 (per listing)
Lot features: 2-5 units per acre
Five leased units
Electricity and solar
View estimated energy costs and solar savings for this home
5 units in Southwest Bakersfield. Front unit has 3 bedroom, 2 bath and 2 car garage. The other 4 units have 2 bedroom, 1 bath and one car garage each.
Public Records
Oct 17, 2013
Sold
$273,500
$59/sq ft
Public Records
Sep 27, 1994
Sold
$183,500
$39/sq ft
Public Records
Apr 30, 1979
Sold
$140,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,824 (+2.0%)
$102,830 + $573,688
$676,518
2024
$9,633 (+1.5%)
$102,830 + $573,688
$676,518
2023
$9,488 (+4.1%)
$100,814 + $562,440
$663,254
2022
$9,115 (+51.2%)
$100,814 + $562,440
$663,254
2021
$6,027 (+2.1%)
$96,900 + $540,600
$637,500
2020
$5,901 (+1.0%)
$39,635 + $356,736
$396,371
2019
$5,844 (+1.7%)
$39,229 + $353,079
$392,308
2018
$5,748 (+3.7%)
$38,460 + $346,156
$384,616
2017
$5,541 (+6.4%)
$36,967 + $332,715
$369,682
2016
$5,206 (+0.8%)
$36,967 + $332,715
$369,682
2015
$5,164 (+2.2%)
$36,243 + $326,192
$362,435
2014
$5,051
$35,000 + $315,000
$350,000
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
1978
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,659
Year built
1978
Style
Multi-Family (5+ Unit)
County
Kern County
APN
35536104001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R-2
Small Lot Single-Unit Dwelling Zone
The purpose of the R-2 zone is to provide land areas for the use and occupancy of single-unit dwellings with or without accessory dwelling units and duplex, triplex, and quadplex dwellings. It is the intent of this zone to promote and encourage single-unit and small multi-unit neighborhoods that provide a livable, walkable and sustainable residential environment. The residential density range for this zone is 6.1 to 13 dwelling units per net acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Office
Educational/school
Apr 23, 2025 • Final
Res misc
Install a residential solar system.
Electrical
Solar
Jun 10, 2014 • Final
Res mpe
Electrical
HVAC
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
6/10 Flood Factor
Estimated 59-72% chance 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 104° 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
33 unhealthy days expected this year, 38 days in 30 years
Provided by First Street
Historical weather
Bakersfield, CA • 93309
Average low and high temperatures (°F)
62
42
69
47
77
52
78
55
87
61
96
69
97
72
99
74
92
70
82
60
67
49
59
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2508 Ashe Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More