NOT LISTED FOR SALE

120 Warren Ave Bakersfield, CA 93308

Estimated Value: $303,000 - $410,000

6 Beds
3 Baths
2,940 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $141,250 $48 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,259/month

29 Days on Market

About This Home

As of September 2017

Great opportunity for investor to make a sweat equity play. This triplex needs a lot of work, but is priced to sell As-is.Two adjacent triplexes for sale. Each triplex has a separate APN and is for sale at $150,000, but seller wishes to sell both together for $300,000. The triplexes are all 2 bedroom/one bath units with 1 car garage and indoor laundry room. Each triplex is 2950 sf as per public records! Tenants pay their own gas and electric bills. Water is a fixed rate, owner pays. They each rent in the $650.00 range but there are collection issues. There is deferred maintenance, but this is a real opportunity for a canny investor to make a great deal.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 07/17/2017

Keller Williams Realty

Last Buyer's Agent

Christopher Dumayas

MZ Brokerage Inc. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,175 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 11332109

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $23,400
  • Net Operating Income $12,870

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

9,175 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1958
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2940.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 9175.00
  • Parcel #: 11332109

Multi Family

  • Total Annual Expense: 10530.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Annual Gross Income: 23400.00
  • Property Net Operating Income: 12870.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 2, 2017
Sold by
Drewisch Robert J
Bought by
Spssm Investments Ix Lp
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Christopher Dumayas
MZ Brokerage Inc.
List Price
$150,000
Sold Price
$141,250
Premium/Discount to List
-$8,750
-5.83%
Current Estimated Value
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,750
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Oct 14, 2003
Sold by
Boyce Ann M
Bought by
Drewisch Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,750
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1997
Sold by
Moorhead Kenneth & H M Tr and Robert K
Bought by
Boyce Ann M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Spssm Investments Ix Lp $282,500 Chicago Title Company
Drewisch Robert J $187,500 Stewart Title
Boyce Ann M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drewisch Robert J $149,750
Closed Drewisch Robert J $18,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2017 09/14/17 Sold $141,250 -5.8% $48 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $150,000 -- $51 / 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 $4,608 $160,428 $28,443 $131,985
2024 $4,429 $157,284 $27,886 $129,398
2023 $4,429 $154,201 $27,340 $126,861
2022 $4,130 $151,178 $26,804 $124,374
2021 $3,869 $148,215 $26,279 $121,936
2020 $3,670 $146,696 $26,010 $120,686
2019 $3,624 $146,696 $26,010 $120,686
2018 $3,486 $141,000 $25,000 $116,000
2017 $4,359 $212,000 $40,000 $172,000
2016 $4,104 $212,000 $55,000 $157,000
2015 $3,517 $162,000 $40,500 $121,500
2014 $3,480 $161,700 $32,340 $129,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21708200

Bakersfield Association of REALTORS® / GEMLS

APN: 113-321-09-00-0

Your Personal Tour Guide

Ask me questions while you tour the home.