Seller's Agent in 2016
Jason Rodriguez
LPT Realty, Inc.
(661) 220-9773
6 in this area
209 Total Sales
110 Kentucky St Bakersfield, CA 93305
East Bakersfield Neighborhood
--
Bed
--
Bath
--
Sq Ft
22,565
Sq Ft Lot
About This Home
As of March 2016All units rented and ready to start collecting rent from day 1. This 12 unit apartment complex features 1 bedroom, 1 bathroom units w/separate dining and kitchen areas. Large courtyard that is gated with wrought iron gate, plenty of parking and laundry room that produces income every month, large 4 room storage area. The property has been owner managed for 25 years and features updated plumbing and electrical updates. This is a great investment opportunity for any savvy investor looking to add to their portfolio. Cap rate of 9.79%. Please see attached financial statement.
Last Agent to Sell the Property
LPT Realty, Inc. License #01825023 Listed on: 10/20/2015
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 0.52
Parking
- 12 Car Parking Spaces
- Uncovered Parking
Additional Features
- 1-Story Property
- 0.52 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 01422010
Community Details
Overview
- 12 Units
Building Details
- Gross Income $81,600
- Net Operating Income $60,342
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2016 03/24/16 | Sold | $525,000 | -4.5% | -- |
| 02/23/2016 02/23/16 | Pending | -- | -- | -- |
| 10/20/2015 10/20/15 | For Sale | $550,000 | -- | -- |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History
| 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 | $11,049 | $621,485 | $181,117 | $440,368 |
| 2024 | $11,049 | $609,300 | $177,566 | $431,734 |
| 2023 | $10,765 | $597,354 | $174,085 | $423,269 |
| 2022 | $10,471 | $585,642 | $170,672 | $414,970 |
| 2021 | $9,823 | $574,160 | $167,326 | $406,834 |
| 2020 | $9,598 | $568,274 | $165,611 | $402,663 |
| 2019 | $9,459 | $568,274 | $165,611 | $402,663 |
| 2018 | $9,289 | $546,209 | $159,181 | $387,028 |
| 2017 | $9,268 | $535,500 | $156,060 | $379,440 |
| 2016 | $4,852 | $189,583 | $69,925 | $119,658 |
| 2015 | $4,805 | $186,736 | $68,875 | $117,861 |
| 2014 | $4,689 | $183,079 | $67,526 | $115,553 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Rodriguez
-
N
Buyer's Agent in 2016
Non-Member Non-Member
Non-Member Office
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 21512644
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Information is deemed reliable but not guaranteed.
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