NOT LISTED FOR SALE

105 Hughes Ave Bakersfield, CA 93308

1 Bed
2 Baths
3,055 Sq Ft
10,515 Sq Ft Lot Lot

Sale Details

Date Sold: September 5, 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

General NONMEMBER

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

10,515 Sq Ft Lot

Parking

4

Listing Details

  • 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
  • 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

Tax Info

  • New Taxes Expense: 5312.00
  • Tax Lot: 9
  • Tax Tract Number: 9
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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 Prior Sale
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 View Prior Sale
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

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 $12,013 $426,680 $29,581 $397,099
2024 $12,013 $418,314 $29,001 $389,313
2023 $11,536 $410,113 $28,433 $381,680
2022 $10,917 $402,073 $27,876 $374,197
2021 $10,256 $394,190 $27,330 $366,860
2020 $9,729 $390,149 $27,050 $363,099
2019 $9,610 $390,149 $27,050 $363,099
2018 $10,685 $375,000 $26,000 $349,000
2017 $9,414 $294,690 $21,124 $273,566
2016 $5,515 $288,912 $20,710 $268,202
2015 $5,428 $284,573 $20,399 $264,174
2014 $5,320 $279,000 $20,000 $259,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16090847

California Regional Multiple Listing Service (CRMLS)
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