NOT LISTED FOR SALE

1207 Monterey St Bakersfield, CA 93305

East Bakersfield Neighborhood
8 Beds
4 Baths
3,136 Sq Ft
7,538 Sq Ft Lot

Last Sold April 17, 2023

Last sale price $425,000 $136 Per Sq Ft

117 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Chain Link Fence

About This Home

As of April 2023

Great opportunity for first time buyers and investors. Income property 4 units 2Bethrooms 1 Bath each one.

Last Agent to Sell the Property

Hernan Oleas

DREAM LIFE REALTY License #01381107 Listed on: 09/04/2022

Co-Listed By

MARIA SANTANA

DREAM LIFE REALTY License #02008640

Last Buyer's Agent

Cristina Maya

eXp Realty of Greater L.A License #01830331

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 1971

Lot Details

  • 7,538 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 1112 / 35
  • Assessor Parcel Number 01533003003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $150
  • Water Sewer Expense $150
  • Operating Expense $5,600
  • Gross Income $32,560
  • Net Operating Income $32,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,947

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 150.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 01533003003
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 135.52
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts, Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7538.00
  • Lot Size Acres: 0.1730

Multi Family

  • Gross Income: 32560.00
  • Gross Scheduled Income: 38160.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7538.0000 Square Feet
  • Net Operating Income: 32560.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5600.00
  • Rent Control: No
  • Total Actual Rent: 3195.00
  • Total Expenses: 5600.00

Tax Info

  • Tax Block: 35
  • Tax Census Tract: 13.01
  • Tax Lot: 1112
  • Tax Tract Number: C006

Range of Values:

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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
04/17/2023 04/17/23 Sold $425,000 -11.5% $136 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $480,000 +12.9% $153 / Sq Ft
09/09/2022 09/09/22 Off Market $425,000 -- --
09/04/2022 09/04/22 For Sale $480,000 -- $153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2021 $7,947 $149,053 $29,807 $119,246
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hernan Oleas

    DREAM LIFE REALTY

    Section Image
  • MARIA SANTANA

    Seller Co-Listing Agent in 2023

    MARIA SANTANA

    DREAM LIFE REALTY

    (424) 355-9146

    1 in this area

    7 Total Sales

    MARIA SANTANA
    Section Image

  • C

    Buyer's Agent in 2023

    Cristina Maya

    eXp Realty of Greater L.A

    (562) 805-5510

    1 in this area

    4 Total Sales

    Cristina Maya
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22194817

California Regional Multiple Listing Service (CRMLS)

APN: 015-330-03-00-3

California Kern County Bakersfield 93305 East Bakersfield

1207 Monterey St, Bakersfield, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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