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Off Market Nov 2025 for $7.1M

—

•

46,376

sq ft

420 S Real Rd, Bakersfield, CA 93309

About this home

Attractive 5% Interest-Only Seller Financing for qualified buyer. The property at 420-426 S Real Road, Bakersfield, CA 93309, presents a thoughtfully upgraded living experience with over $500,000 in capital improvements. Renovations across 61 units and the addition of a new retaining wall have enhanced both the comfort and appeal of the community. These upgrades create a modern and inviting atmosphere for residents while increasing the property’s value and rental potential. Located in a well-connected neighborhood, residents enjoy easy access to major highways, public transportation, schools, parks, shopping, and dining options. With its recent enhancements and prime location, this property provides a great opportunity for comfortable living and long-term value.

Multi-familyProperty Type

1963Year Built

3 acresLot Size

$153Price/Sq.Ft.

64 spacesParking

Listed by DARREN CORREA •DRE #02066621 • LE INVESTMENT GROUP

Contact: 714-310-2840

Bought with Mark Clemmer •DRE #01994471 • NONMEMBER MRML

Redfin checked: 2 minutes ago

•Source:CRMLS #IV25046270

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 93309, CA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

+0.1% MoM

Median sale price

$369K

$4K MoM

Avg. days on market

34d

1 days MoM

Recently sold homes

156

5 MoM

New listings for sale

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FOR SALE BY OWNER
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3 beds2 baths2,042 sq ft
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OPEN TODAY, 10AM TO 12:30PM
$455,000
3 beds2 baths1,834 sq ft
6417 Olympia Dr, Bakersfield, CA 93309
$375,000
3 beds2 baths1,314 sq ft
6808 Shelby Lp, Bakersfield, CA 93309
$389,900
3 beds2 baths1,314 sq ft
6921 Natchitoches Way, Bakersfield, CA 93309
COMING SOON
$214,888
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2 beds1 bath889 sq ft
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OPEN TODAY, 11AM TO 2PM
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4 beds3 baths2,666 sq ft
7109 Outingdale Dr, Bakersfield, CA 93309
$349,900
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See all

Provided by Redfin

Sale history for 420 S Real Rd

Year

Property tax

Land + Additions

Assessment*

2025

$43,652 (+2.7%)

$186,772 + $2,014,172

$2,200,944

2024

$42,525 (+3.4%)

$186,772 + $2,014,172

$2,200,944

2023

$41,119 (+5.4%)

$183,110 + $1,974,679

$2,157,789

2022

$39,000 (+5.5%)

$183,110 + $1,974,679

$2,157,789

2021

$36,978 (+3.6%)

$176,000 + $1,898,000

$2,074,000

2020

$35,696 (+13.1%)

$177,823 + $1,877,248

$2,055,071

2019

$31,563 (−11.4%)

$176,000 + $1,858,000

$2,034,000

2018

$35,629 (+3.4%)

$78,624 + $1,626,395

$1,705,019

2017

$34,442 (+71.5%)

$75,572 + $1,563,241

$1,638,813

2016

$20,086 (+0.1%)

$75,572 + $1,563,241

$1,638,813

2015

$20,063 (+3.1%)

$74,091 + $1,532,590

$1,606,681

2014

$19,463

$71,550 + $1,480,000

$1,551,550

Tax history for 420 S Real Rd

Year

Property tax

Land + Additions

Assessment*

2025

$43,652 (+2.7%)

$186,772 + $2,014,172

$2,200,944

2024

$42,525 (+3.4%)

$186,772 + $2,014,172

$2,200,944

2023

$41,119 (+5.4%)

$183,110 + $1,974,679

$2,157,789

2022

$39,000 (+5.5%)

$183,110 + $1,974,679

$2,157,789

2021

$36,978 (+3.6%)

$176,000 + $1,898,000

$2,074,000

2020

$35,696 (+13.1%)

$177,823 + $1,877,248

$2,055,071

2019

$31,563 (−11.4%)

$176,000 + $1,858,000

$2,034,000

2018

$35,629 (+3.4%)

$78,624 + $1,626,395

$1,705,019

2017

$34,442 (+71.5%)

$75,572 + $1,563,241

$1,638,813

2016

$20,086 (+0.1%)

$75,572 + $1,563,241

$1,638,813

2015

$20,063 (+3.1%)

$74,091 + $1,532,590

$1,606,681

2014

$19,463

$71,550 + $1,480,000

$1,551,550

*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
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

3 Acres

Year renovated

1963

Sq. Ft.

22,336

Year built

1963

Style

Multi-Family (5+ Unit)

County

Kern County

APN

14924014005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 18, 2026.

R-3

High-Density Residential District

The purpose of the High-density Residential (R-3) District is to designate areas appropriate for a variety of medium-density to high-density residential living environments, including apartments, townhouses, and condominiums. The maximum allowable density is 29 du per net acres. The minimum allowable density is 20 du per net acre. The R-3 District may only be applied to those urban areas of the county which have adequate utility, street, and public facility capacity.

Permitted uses

Include but are not limited to:

Community / recreation center
Rehabilitation center
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Bed & breakfast
Hotel / motel
Office
Housing-Mobile home park

Property details

Parking

Parking / Garage Information
# of Carport Spaces: 64
# of Parking Spaces: 64

Interior

Laundry Information
Has Laundry
Area

Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two

Unit Type 1 Information
Unit Key Numeric: 404922637
Listing Key Numeric: 374018538
Actual Rent: $81,206
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $81,206
Total # of Units: 64

Expenses
Fuel Expense: $9,000
Trash: $9,000
Total: $319,738
Insurance: $39,910
Water Sewer: $9,000
Electric: $9,000

Multi-Unit Information
Net Operating Income: $622,859
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 46,376
Gross Scheduled Income: $974,472
Gross Income: $974,472
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 64
# Of Separate Electric Meters: 64
# Of Buildings: 16

Exterior

Exterior Features
Pool Features: None

Lot Information
Additional Parcels Description: 14924013002, 14924012009
Additional Parcels
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 21-25 Units/Acre

Property Information
Common Interest: Community Apartment
Total # of Units: 64
Common Walls: 2+ common walls
Parcel Number: 14924014005
Attached Property
Total # of Stories: 2
Year Built Source: Public Records
Property ADU: No

Financial

Lease / Rental Details
Operating Expense: $319,738
Rent Control

Utilities

Utilities Information
Sewer: Public Sewer
Water Source: District/Public

Location

Neighborhood Information
Community Features: Suburban

Location Information
Latitude: 35.34947600
Longitude: -119.04248800
Directions: From CA-99, take the Ming Ave exit, head west, turn right on S Real Rd, and the property is on the right.
Zoning: R-3

Public facts

Beds: —
Baths: —
Sq. Ft.: 22,336
Stories: 2.0
Lot Size: 3 acres
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 1963
County: Kern County
APN: 14924014005

Home facts updated by county records on Jun 18, 2026

Other

Listing Information
IDX Contact Info: 714-310-2840
Days Active in MLS: 210
Continuous Days Active in MLS: 210

Listing Agent Information
List Agent First Name: DARREN
List Agent Last Name: CORREA

Listing Office Information
List Office Name: LE INVESTMENT GROUP

Selling Agent Information
Buyer Agent First Name: Mark
Buyer Agent Last Name: Clemmer

Selling Office Information
Buyer Office Name: NONMEMBER MRML

Around this home

Schools

Munsey Elementary School

Public K-6 • Assigned • 0.2mi

3/10

Curran Middle School

Public 6-8 • Assigned • 0.4mi

2/10

West High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 Flood Factor

Estimated 74-82% 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 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

33 unhealthy days expected this year, 37 days in 30 years

Provided by First Street

Historical weather

Bakersfield, CA • 93309

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.8 hours in June and 5.2 hours in December, placing it above the U.S. average for solar exposure.

11.8 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 93309

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OPEN TODAY, 10AM TO 12:30PM

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Home values near 420 S Real Rd

Data from public records.

Address	Redfin Estimate
410 S Real Road, Bakersfield, CA 4 Beds \| 2 Baths \| 1464 Sq. Ft.	$306,758
434 S Real Road, Bakersfield, CA 2 Beds \| 1 Baths \| 864 Sq. Ft.	$308,733

Address	Redfin Estimate
426 S Real Road, Bakersfield, CA - Beds \| - Baths \| 6720 Sq. Ft.	—
406 S Real Road, Bakersfield, CA 2 Beds \| - Baths \| 907 Sq. Ft.	$307,667

Address	Redfin Estimate
432 S Real Road, Bakersfield, CA 10 Beds \| - Baths \| 3762 Sq. Ft.	$726,163
432 S Real Road Unit A-D, Bakersfield, CA 10 Beds \| 5 Baths \| 3762 Sq. Ft.	$735,704

Property information provided by CRMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 93309, CA

Sale history for 420 S Real Rd

Tax history for 420 S Real Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 93309

Home values near 420 S Real Rd

More real estate resources