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2915 Edison Hwy, Bakersfield, CA, 93307

8beds
8baths
3,130sqft
$849,000
$271price/sqft
$5,877/moest. monthly cost
$235,080/yrincome needed

About This Home

Great Opportunity to own 8 units in one lot. New windows, doors, kitchen, bathroom, kitchen, electrical, plumbing and insulation. They are all single story individual units. Total of 7 units 1 bedroom 1 bath each plus a separate house with a 2 bedroom 1 bath house. The units has a Laundry Room on the property and plenty of parking. Great Opportunity to own units in Bakersfield

Getting Around

16
WalkingCar-Dependent
32
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

3/10
Fairfax Middle SchoolGrades 5-82.1 mi
3/10
Mira Monte High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1941

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 3,130
  • Total interior livable area: 3,130 sqft

Property

Details

  • Parcel number: 14216022006
  • Attached to another structure: Yes
  • Zoning: C-2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 0.38 Acres
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Heat Wave
Earthquake

FEMA Declared Disasters in Kern County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,293$51,516
Home Insurance *$284$3,408
Property Taxes $629$7,548
Electricity $671$8,054
Total$5,877$70,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$201,497/yr
40% on housing$176,310/yr
45% on housing$156,720/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 93307$194
Kern County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 93307$236
Kern County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-12-26Listed for sale$849,000
2016-12-27Sold$130,000
2016-11-21Listed for sale$145,000
2015-11-20Sold$80,000

For Sale by Agent

AgentAlicia Fombona
BrokerageIsland Legacy Holdings, Inc.

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