NOT LISTED FOR SALE

105 Hughes Ave Bakersfield, CA 93308

1 Bed
2 Baths
3,055 Sq Ft
1930 Built

Last Sold September 05, 2016

Last sale price $410,000 $134 Per Sq Ft

92 Days on Market

Highlights

  • No Units Above
  • Fireplace in Bathroom
  • No HOA

About This Home

As of September 2016

Cash cow! Fully rented! Room to raise rents! Great and rare 9 total units with 3 different buildings. There is 1 studio, and 8 units of 1 bedroom/1 bath.
Owner spent a lot of money upgrading the roof, electric meters, plumbing, electric, landscaping, new privacy fence, paint and so much more.
TWO TENANTS IN FRONT HAVE A LARGE PRIVATE YARD, FEELS LIKE A HOUSE.
FULLY OCCUPIED, LONG TERM TENANTS. Tenants pay electric and gas. GREAT INCOME PROPERTY.
GREAT PRICE FOR 9 UNITS.

Last Agent to Sell the Property

Simone Leibovici

Simone Leibovici License #01165336 Listed on: 04/16/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 10,515 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,055 Sq Ft Home
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms
  • Fireplace in Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 9
  • Assessor Parcel Number 1180930200

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $840
  • Insurance Expense $3,650
  • Maintenance Expense $1,300
  • Professional Management Expense $1,500
  • Trash Expense $1,836
  • Water Sewer Expense $2,193
  • New Taxes Expense $5,312
  • Gross Income $4,680
  • Net Operating Income $39,529

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 8188356461
  • Other Phone Number: 8188356461
  • Professional Management Expense: 1500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2193.00
  • Property Type: Residential Income
  • Parcel Number: 1180930200
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Entry Location: Ground Level No Steps
  • Common Walls: 2+ Common Walls, No One Above
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 134.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1836.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10515.00
  • Price Per Lot Square Foot: 40.42

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 4680.00
  • Gross Scheduled Income: 56160.00
  • Insurance Expense: 3650.00
  • Maintenance Expense: 1300.00
  • Net Operating Income: 39529.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 9
  • Operating Expense: 16631.00
  • Rent Control: No
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 5312.00
  • Tax Lot: 9
  • Tax Tract Number: 9

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2016 09/05/16 Sold $410,000 -3.5% $134 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
04/16/2016 04/16/16 For Sale $425,000 +70.0% $139 / Sq Ft
07/13/2012 07/13/12 Sold $250,000 -10.7% $82 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $279,900 -- $92 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Simone Leibovici

    Simone Leibovici

    (818) 835-6461

    1 Total Sale

    Simone Leibovici
    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,875 Total Sales

    NoEmail NoEmail
    Section Image

  • F

    Seller's Agent in 2012

    Fernando Contreras

    Fernando Contreras, Broker

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16090847

California Regional Multiple Listing Service (CRMLS)
California Kern County Bakersfield 93308

105 Hughes Ave, Bakersfield, CA

This home is located at 105 Hughes Ave, Bakersfield, CA 93308 since 16 April 2016. This property was built in 1930. 105 Hughes Ave is a home located in Kern County with nearby schools including Standard Elementary School, Standard Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes