$2,999,999
PENDING

Estimated payment $19,398/month

-- Beds
-- Baths
20,425 Sq Ft
$147 Price per Sq Ft

Highlights

  • 1.64 Acre Lot
  • Weatherly Heights Elementary School Rated A-
  • Central Air

About This Home

Welcome to Country Inn Motel! A Bakersfield original serving locals, travelers & visitors since 1960. This 62 room motel on a 1.64 acre lot, is conveniently located near the Golden West Casino, weekly outdoor swap meet, Kern County Fair which attended by over 300,000 people every year and public transportation ensuring steady stream of guests year round. Motel is a 1 story, with mix of double bed, single bed, and suites. Property also consists of a separate welcoming reception area /reservation desk, 2 bedroom apartment for on site manager/owner to comfortable live in and laundry facilities. Also included in the sale next door is another building, which is currently being operated and leased as a Medical Office generating $6,000 a month in rental income. Sale also includes paid off solar panels that power the on site electric water heater system, that provides hot water to the entire property. This project can generate promising returns and a business deemed for success.

Listing Agent

Moiz Lakdawala

Keller Williams Realty License #01881688 Listed on: 01/13/2025

Keller Williams Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1960

Lot Details

  • 1.64 Acre Lot
  • Zoning described as C-2

Home Design

  • 20,425 Sq Ft Home

Utilities

  • Central Air
  • Cooling System Powered By Gas

Listing and Financial Details

  • Assessor Parcel Number 16918019

Community Details

Overview

  • Casa Loma Acres Subdivision

Building Details

  • Gross Income $550,000
  • Net Operating Income $250,000

Property Details

Property Type

Other

Year Built

Built in 1960

Lot Details

1.64 Acres

Listing Details

  • Prop. Type: Commercial / Ind.
  • Year Built: 1960
  • Cap Rate Description: 7.2
  • Property Sub Type: Commercial
  • Lot Size Acres: 1.6400
  • Subdivision Name: Casa Loma Acres
  • Garage Yn: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Living Area: 20425.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Private: No

Garage/Parking

  • Parking Features: Private/10+

Utilities

  • Heatcool: Gas, Electric, Central A/C

Lot Info

  • Zoning Description: C-2
  • Lot Size Sq Ft: 71438.00
  • Parcel #: 16918019

Multi Family

  • Total Annual Expense: 300000.00
  • Vacancy Factor: 40.00
  • Existing Lease Type: Net
  • Property Net Operating Income: 250000.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $34,134 $1,818,000 $360,000 $1,458,000
2025 $34,134 $1,818,000 $360,000 $1,458,000
2024 $38,299 $2,182,800 $367,200 $1,815,600
2023 $37,980 $2,184,839 $148,777 $2,036,062
2022 $37,069 $2,142,000 $145,860 $1,996,140
2021 $20,301 $756,573 $210,156 $546,417
2020 $20,488 $748,817 $208,002 $540,815
2019 $19,244 $748,817 $208,002 $540,815
2018 $19,020 $719,741 $199,926 $519,815
2017 $18,723 $705,629 $196,006 $509,623
2016 $13,918 $691,794 $192,163 $499,631
2015 $13,908 $681,404 $189,277 $492,127
2014 $13,565 $674,409 $185,570 $488,839
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
07/25/2025 07/25/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $2,999,999 -- $147 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 Type Sale Price Title Company
Grant Deed $2,225,000 California Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Grant Deed $2,100,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- None Available
Warranty Deed $600,000 Ticor Title
Warranty Deed -- --
Warranty Deed $490,000 Chicago Title Co
Warranty Deed -- Chicago Title Insurance
Warranty Deed -- --
Warranty Deed $305,000 First American Title Co
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $1,975,000 Seller Take Back
Previous Owner $1,359,000 Commercial
Previous Owner $340,000 No Value Available
Previous Owner $315,000 Commercial
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202500486

Bakersfield Association of REALTORS® / GEMLS

APN: 169-180-19-00-9

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