NOT LISTED FOR SALE

110 E Roberts Ln Bakersfield, CA 93308

-- Bed
-- Bath
4,811 Sq Ft
0.28 Acres

Last Sold June 25, 2021

Last sale price $500,000 $104 Per Sq Ft

26 Days on Market

About This Home

As of June 2021

Lets Discuss Real Estate Investing Together ASAP and we can discuss this nicely designed 7 unit apartment opportunity in North Bakersfield. On this large, multiple unit zoned lot you will have 4 individual buildings totaling up to 7 rentable units. A total of 2 of the 7 are upstairs and a total of 5 of the units are downstairs. The floor plans are comfortable and well liked by the residents. This property also offers excellent parking with both front of the property parking and rear of the property parking. The rear parking access is by way of an alley. The location of the property allows residents to easily access downtown Bakersfield, East Bakersfield, Bakersfield Community College (BC) or Southwest Bakersfield as you travel down Airport Drive. This well designed building should be on your VIEW list soon!

Last Agent to Sell the Property

Mike Saba

Watson Realty License #1131837 Listed on: 04/30/2021

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot

Interior Spaces

  • 4,811 Sq Ft Home
  • 2-Story Property

Parking

  • 7 Car Parking Spaces
  • Uncovered Parking

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11905013

Community Details

Overview

  • 7 Units
  • Mccoy Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $32,962

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4811.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 7.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 12400.00
  • Parcel #: 11905013

Multi Family

  • Total Annual Expense: 27038.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 7
  • Annual Gross Income: 60000.00
  • Property Net Operating Income: 32962.00

MLS Schools

  • Elementary School: Standard

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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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $500,000 -1.2% $104 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $506,000 -- $105 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202104692

Bakersfield Association of REALTORS® / GEMLS