NOT LISTED FOR SALE

117 Woodrow Ave Bakersfield, CA 93308

Estimated Value: $335,000 - $386,000

6 Beds
2 Baths
2,130 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $349,900 $164 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,381/month

9 Days on Market

About This Home

As of March 2024

Exceptional Investment Opportunity in North Bakersfield: A Turn-Key Triplex at 117 Woodrow Ave Priced at an attractive $349,900, this maintained triplex represents a rare investment opportunity in the heart of North Bakersfield. Showcasing pride of ownership at every turn, this property offers three units, each featuring two bedrooms and one bath, with market rents standing at a competitive $3,450/month. Two units are currently occupied, presenting immediate income, while the third unit is actively seeking tenants. Strategic Location: Situated within walking distance to schools, restaurants, and retail stores, this property ensures convenience and appeal for tenants seeking a blend of residential tranquility and urban access. Investment Ready: Whether you're an investor looking for a dream addition to your portfolio or a first-time buyer seeking a live-in investment, this triplex is turn-key ready and priced to sell.

Last Agent to Sell the Property

Sanjeev Advani

Sanjeev Advani, Broker License #01869863 Listed on: 02/20/2024

Last Buyer's Agent

Sanjeev Advani

Sanjeev Advani, Broker License #01869863 Listed on: 02/20/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 5,227

Home Design

  • Composition Roof

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Parking

  • 3 Car Parking Spaces
  • Uncovered Parking

Schools

  • Standard Elementary And Middle School
  • North High School

Additional Features

  • 5,227 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 11320308

Community Details

Overview

  • 3 Units
  • Highland Place Subdivision

Building Details

  • Gross Income $41,400
  • Net Operating Income $31,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Building Stories: 2
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1200
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2130.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 5227.00
  • Parcel #: 11320308

Multi Family

  • Total Annual Expense: 10350.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 41400.00
  • Property Net Operating Income: 31050.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Mar 4, 2024
Sold by
Mason Travelle
Bought by
Mansour Mohamed Anis and Mrouki Marouen
Seller's Agent
Sanjeev Advani
Sanjeev Advani, Broker
Buyer's Agent
Sanjeev Advani
Sanjeev Advani, Broker
List Price
$349,900
Sold Price
$349,900
Views
53
Current Estimated Value
$364,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,532
Avg. Annual Appreciation
2.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mansour Mohamed Anis $355,000 Placer Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $349,900 0.0% $164 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $349,900 +48.9% $164 / Sq Ft
10/26/2018 10/26/18 Sold $235,000 -6.0% $110 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $249,900 -- $117 / Sq Ft
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 $5,810 $362,100 $66,300 $295,800
2024 $5,599 $257,004 $32,808 $224,196
2023 $5,599 $251,965 $32,165 $219,800
2022 $5,295 $247,026 $31,535 $215,491
2021 $5,034 $242,183 $30,917 $211,266
2020 $4,808 $239,700 $30,600 $209,100
2019 $4,749 $239,700 $30,600 $209,100
2018 $3,717 $160,000 $30,000 $130,000
2017 $3,650 $155,000 $30,000 $125,000
2016 $3,456 $155,000 $40,000 $115,000
2015 $3,086 $124,000 $31,000 $93,000
2014 $2,856 $106,500 $20,000 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202401653

Bakersfield Association of REALTORS® / GEMLS

APN: 113-203-08-00-6

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