$2,197 Closing Credit¹
#202500797, Kyle A Lawson, Listing Office: Wayside Homes - Miramar International Riverwalk
#PW25036712·
Listing Office: Vanguard Property Group·
Listing Agent: Ed Diaz·
Listing Office Phone: 714-401-2855
$7,250,000 List price
4215 Teal Bakersfield, CA 93304
2.2 acres
Condo
Property details
About 4215 Teal
We are pleased to present the Teal Townhomes, a 58 unit garden style multifamily apartment building built in 1984 located in Southwest Bakersfield (4211-4221 Teal Street - complete address/405-121-02-00-9, 405-121-01-00-6 APNs ). This expansive apartment community features 58 spacious (2+1.5) townhome units, comprised of 13 separate buildings on a spacious 2.1-acre corner lot. Each unit boasts private patios and separate gas & electric meters. The subject property is well maintained with new asphalt in 2024 and all roofs replaced in 2015. Offered well below replacement value at $129 cost per square and foot (CPSF), an in-place 5.6% CAP/8.7GRM and a 7.4% proforma CAP/7.5 GRM - with these purchase factors and additional rental upside of 15%-18%, the Teal Townhomes offers the savvy multifamily investors an exciting repositioning opportunity with solid returns on their investment.
Highlights
Home typeCondominium
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Lot size2.1987 Acres
Year built1984
ParkingAsphalt, Carport, Detached Carport, Driveway, Paved
MLS #PW25036712
Summary
- MLS Number: PW25036712
- MLS Name: CRMLS
- Office Name: Vanguard Property Group
- Office Phone: (714) 401-2855
- Listing Agent: Ed Diaz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,250,000
4215 Teal
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Price information
Property sales
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Tax history
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Nearby schools
4
Planz Elementary
Public District KG-5
0.4 mi
•2400 Planz Rd
4
Amy B. Seibert Elementary School
Public District KG-6
0.7 mi
•2800 Agate St
9
Kendrick Elementary
Public District KG-5
0.9 mi
•2200 Faith Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,688. Typical income of Bakersfield, CA residents is between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
29%
<35k
66%
35k-100k
5%
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?
29%
Single, No Kids
24%
Single, with Kids
17%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
29%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Burlington
H&M
Where do the neighbors go to eat?
Jack In The Box
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4215 Teal
This home is located at 4215 Teal in Bakersfield, CA and zip code 93304 in the South Bakersfield neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 23, 2025 and is currently priced at $7,250,000.
Over 79 listings were sold over their listed price in February 2025 in Bakersfield, CA. In the same period over 104 listings were sold below the listed price and 96 listings were sold for the listed price. The number of homes for sale in Bakersfield, CA increased by 11.7% between January and February 2025. 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.