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Sold for $7,100,000 on 11/21/25
  • Listing Provided by: 

    DARREN CORREA DRE #02066621 714-310-2840,

    LE INVESTMENT GROUP

    Bought with: NONMEMBER MRML
    $7,100,000

    420 S Real Rd, Bakersfield, CA 93309

    128beds
    64baths
    46,376sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $7,135,700 Zestimate®
    $153/sqft
    $1,198 Estimated rent

    Home value

    $7,135,700

    $6.42M - $7.92M

    $1,198/mo

    Zestimate® history
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    $1,198/mo

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    $45,190/mo

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    $45,190/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: November 24, 2025 at 11:43am

    Listing Provided by:

    DARREN CORREA DRE #02066621 714-310-2840,

    LE INVESTMENT GROUP

    Bought with:

    Mark Clemmer, DRE #01994471

    NONMEMBER MRML

    Source: CRMLS,MLS#: IV25046270MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 128
    • Bathrooms: 64
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 46,376
    • Total interior livable area: 46,376 sqft

    Property

    Parking
    • Total spaces: 64
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 3 Acres
    • Features: 21-25 Units/Acre
    Details
    • Additional parcels included: 14924013002, 14924012009
    • Parcel number: 14924014005
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Bakersfield

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    11/21/2025Sold$7,100,000-16.5%$153/sqft
    Source: CRMLS #IV25046270 Report a problem
    10/7/2025Contingent$8,500,000$183/sqft
    Source: CRMLS #IV25046270 Report a problem
    8/5/2025Price change$8,500,000-3.4%$183/sqft
    Source: CRMLS #IV25046270 Report a problem
    5/28/2025Price change$8,800,000-7.4%$190/sqft
    Source: CRMLS #IV25046270 Report a problem
    3/3/2025Listed for sale$9,500,000+206.5%$205/sqft
    Source: CRMLS #IV25046270 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Old Stine

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $7,135,700
    2% more+ $143K
    With Zillow Showcase(estimated)
    $7,278,414