NOT LISTED FOR SALE
-- Bed
-- Bath
4,500 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: August 7, 2024

Last sale price $650,000 $144 Per Sq Ft

1 Day on Market

About This Home

As of August 2024

1004 C Street -This 5-plex is in the Oleander neighborhood of Bakersfield which is in the Central submarket. Oleander is a residential neighborhood that consists of starter homes all the way up to turn-of-the-century estate size homes along with a variety of small multifamily properties. This property consists of 5 - 3-bedroom / 1.5 bath townhomes. Built in 1975, the building features large units plus a small laundry room. The rents range from $832 to the most recent move-in at $1200. There is upside in value through rent growth with this building.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/15/2024

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,098

Parking

  • Uncovered Parking

Home Design

  • Flat Roof Shape
  • Composition Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property

Schools

  • Penn Elementary School
  • Curran Middle School
  • Bakersfield High School

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00710224

Community Details

Overview

  • 5 Units
  • West Park Subdivision

Building Details

  • Gross Income $57,168
  • Net Operating Income $30,595

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1975
  • Building Stories: 2
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4500.00

Exterior Features

  • Roof: Composition, Flat
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Curran

Lot Info

  • Zoning Description: r2
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00710224

Multi Family

  • Total Annual Expense: 24908.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 57168.00
  • Property Net Operating Income: 30595.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 5, 2024
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
6

Purchase Details

Closed on
Feb 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2011
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Ticor Title
-- Ticor Title
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $650,000 -3.7% $144 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $675,000 -- $150 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,672 $650,000 $70,000 $580,000
2024 $4,672 $259,548 $21,603 $237,945
2023 $4,552 $254,460 $21,180 $233,280
2022 $4,429 $249,471 $20,765 $228,706
2021 $4,158 $244,580 $20,358 $224,222
2020 $4,064 $242,073 $20,150 $221,923
2019 $4,005 $242,073 $20,150 $221,923
2018 $3,933 $232,674 $19,368 $213,306
2017 $3,924 $228,113 $18,989 $209,124
2016 $3,640 $223,641 $18,617 $205,024
2015 $3,618 $220,283 $18,338 $201,945
2014 $3,516 $215,969 $17,979 $197,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202406974

Bakersfield Association of REALTORS® / GEMLS
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