#SR25119091, Jennifer Padich, Listing office: 8020 Max, Inc.
Property details
About 701 Woodrow Ave
We are excited to present for sale this rare 5-unit corner property with big value-add upside in the detached front 3 bed / 2 bath home. While four units have already been renovated two down-to-the-studs and two full remodels featuring vinyl flooring, new stucco, windows, AC units, counters, and appliancesthe front house is the real opportunity. It's freshly painted and clean, but with light TLC, it can push rents up $400-$500/month, making a huge impact on total income. Over $250K in improvements already done, including a new main sewer line, plus upgraded plumbing and electrical. Unit mix includes 3/2, 2/2, (2) 1/1s, and a studio perfect for rental demand. Strong cash flow now with clear room to grow. Ideal for investors who want a solid performing asset with a high-upside project already teed up. Hard to find a Bakersfield multifamily like this with the heavy lifting already done and a path to even better returns.
Highlights
Home typeMulti Family
StatusActive
CoolingCentral Air
Size2,984 sqft
Year built1938
MLS #202506986
Summary
- Cooling: Central Air
- List Price: $649,999
- Price/SqFt: $217
- Annual Tax Amount: $7,995
- Tax Year: 2024
- Year Built: 1938
- Stories: 1
- Living Area: 2,984 SqFt
- MLS Number: 202506986
- MLS Name: Bakersfield
- Office Name: Watson Realty
- Office Email: esteban@vanguardrealtyinvestments.com
- Listing Agent: Esteban Contreras
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: 7/24/2025, 12:45:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 21, 2020 | Home Sold | $270,000 |
| Jan 23, 2019 | Home Sold | $238,000 |
| Jul 30, 1999 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $341,251 | $7,995 |
| 2023 | $334,560 | $6,275 |
| 2022 | $328,000 | $6,439 |
| 2021 | $270,000 | $6,077 |
| 2020 | $242,760 | $4,734 |
| 2019 | $89,541 | $2,759 |
| 2018 | $87,786 | $2,692 |
| 2017 | $86,065 | $2,692 |
History based on county public records data.
Nearby schools
3
North Beardsley Elementary School
Public District KG-6
0.4 mi
•900 Sanford Dr
4
Wingland Elementary School
Public District KG-5
0.6 mi
•701 Douglas St
3
Beardsley Elementary School
Public District KG-6
0.7 mi
•1001 Roberts Ln
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 $21,935. Typical income of Bakersfield, CA residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
59%
<35k
34%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
25%
Single, with Kids
19%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 701 Woodrow Ave
The listing price of 701 Woodrow Ave property is $649,999.
The property 701 Woodrow Ave is a multi located in Bakersfield, California, 93308.
Active Listing: 701 Woodrow Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 701 Woodrow Ave are: North Beardsley Elementary School (GreatSchools Rating 3/10), Wingland Elementary School (GreatSchools Rating 4/10), Beardsley Elementary School (GreatSchools Rating 3/10), Beardsley Junior High School (GreatSchools Rating 4/10), Standard Middle School (GreatSchools Rating 4/10), Downtown Elementary School (GreatSchools Rating 8/10), North High School (GreatSchools Rating 4/10), Valley Oaks Charter (GreatSchools Rating 6/10), Kern County Community (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $7,995 (source: MLS/based on county public records data).
The last sale was on July 21, 2020 for $270,000 (source: MLS/tax record).
The property 701 Woodrow Ave is 2,984 SqFt (source: MLS/tax record).
The year of construction for 701 Woodrow Ave is 1938.
This home is located at 701 Woodrow Ave in Bakersfield, CA and zip code 93308 in the North Bakersfield neighborhood. This 2,984 square foot home was built in 1938. Features: 0 bathroom. It has been listed on Rocket Homes since June 21, 2025 and is currently priced at $649,999.
While more than 101 listings in Bakersfield, CA in June 2025 were sold above asking price, there were more than 136 listings sold at asking price, and more than 166 were sold below. The number of listings in Bakersfield, CA increased by 8.3% between May and June 2025. While the average time on the market in June 2025 was 44 days, the median list price was $392,480.
From Rocket Homes Real Estate and based on county public records data.