$1,350,000

1006 Princeton Ave Bakersfield, CA 93305

$10,000
Closing credit¹
7,044 sqft
$192 / sqft
Multi-Family

Property details

About 1006 Princeton Ave

Located at 1006 Princeton in the desirable upper northeast Bakersfield neighborhood, this 10-unit property is near Bakersfield Junior College and the picturesque Panorama Bluff walking trails. Built in 1958 and featuring a mix of 5 spacious 2-bedroom/1-bath units and 5 comfortable 1-bedroom/1-bath units, the building offers approximately 7,044 square feet of rentable space. Recent upgrades include a new roof in late 2019 and freshly painted exterior, with additional amenities like covered parking accessed via the alley and an on-site laundry room. The property generates a gross scheduled income of $131,940 annually, with rents ranging from $979 to $1,415, making it an excellent investment opportunity. Asking Price: $1,350,000. Contact us today to learn more!

Highlights

Home typeMulti Family
StatusActive
CoolingCentral Air
Size7,044 sqft
Year built1958
MLS #202500209

Summary

  • MLS Number: 202500209
  • MLS Name: Bakersfield
  • Office Name: ASU Commercial
  • Office Email: thurston@asuassociates.com
  • Listing Agent: Marc A Thurston

Based on information from Golden Empire MLS, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Bakersfield Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a front lawn

$1,350,000

1006 Princeton Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 06, 2020
Home Sold
$900,000
Sep 28, 1989
Home Sold
$190,000

Tax history

YearAssessmentProperty Tax
2024$1,020,000$15,235
2023$1,000,000$14,895
2022$900,000$13,614
2021$909,324$13,348
2020$319,600$6,138
2019$313,335$5,965
2018$307,192$5,952
2017$301,170$5,952

History based on county public records data.

Nearby schools

4

Noble Elementary School

Public District KG-5

0.6 mi

1015 Noble Ave

3

College Heights Elementary School

Public District KG-6

1.1 mi

2551 Sunny Ln

2

Jefferson Elementary School

Public District KG-6

1.4 mi

816 Lincoln St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,045. Residents of Bakersfield, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

14%
<35k
71%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1006 Princeton Ave in Bakersfield, CA and zip code 93305 in the The Northeast neighborhood. This 7,044 square foot home was built in 1958. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,350,000.

Bakersfield, CA housing market in February 2025 saw over 79 listings sold above listed price, more than 96 sold at listed price and over 104 sold below. Between January and February 2025, Bakersfield, CA real estate market has seen increase in the number of listings by 11.7%. The median list price of listings available in February 2025 was $386,882, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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