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Sold for $7,100,000
  • Listing Provided by: 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
    $7,075,100 Zestimate®
    $153/sqft
    $1,385 Estimated rent

    Home value

    $7,075,100

    $6.37M - $7.85M

    $1,385/mo

    Zestimate® history
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    $44,813/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:

    Listing updated:

    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
    12/6/2019Listing removed$850
    Source: Zillow Rental Manager Report a problem
    10/25/2019Listed for rent$850+17.2%
    Source: Zillow Rental Manager Report a problem
    3/1/2019Listing removed$725
    Source: KBS Real Estate Services Inc. Report a problem
    2/23/2019Listed for rent$725
    Source: KBS Real Estate Services Inc. Report a problem
    1/16/2019Listing removed$725
    Source: KBS Real Estate Services Inc. Report a problem
    1/14/2019Listed for rent$725
    Source: KBS Real Estate Services, Inc #21814732 Report a problem
    7/15/2013Sold$3,100,000$67/sqft
    Source: Bakersfield AOR #21302900 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Old Stine

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,075,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,075,100