NOT LISTED FOR SALE

1327 Lincoln St Bakersfield, CA 93305

East Bakersfield Neighborhood
8 Beds
4 Baths
3,400 Sq Ft
7,540 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $486,000 $143 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Front Yard
  • No HOA

About This Home

As of March 2023

Great Investor opportunity! This property features 4 townhome style units, each with 2 bedrooms, 1 full bath, and 2 parking spaces. Three of the four units are currently rented. Live or rent the newly updated vacant unit. These units have newer roof and central A/C. Must see to appreciate. Conveniently located near the freeway, shopping center and public transportation.

Last Agent to Sell the Property

Sam Solano

Media West Realty,Inc. License #02033068 Listed on: 03/07/2023

Last Buyer's Agent

Juan Carlos Nuno

Jesus Martinez, Broker License #01702201

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 7,540 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Legal Lot and Block 1 / 17
  • Tax Tract Number 13
  • Assessor Parcel Number 12710011005
  • $2,929 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,551
  • Maintenance Expense $2,000
  • Water Sewer Expense $1,800
  • Operating Expense $5,951
  • Gross Income $41,400
  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: R-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 12710011005
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 142.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 7540.00
  • Lot Size Acres: 0.1731

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Income: 41400.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 1551.00
  • Lot Size Area: 7540.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 41400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 2350.00
  • Total Expenses: 5951.00

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 13.01
  • Tax Lot: 1
  • Tax Tract Number: 13.01
  • TaxOtherAnnualAssessmentAmount: 2929.00

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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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
03/31/2023 03/31/23 Sold $486,000 0.0% $143 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/15/2023 03/15/23 Off Market $486,000 -- --
03/07/2023 03/07/23 For Sale $479,000 -- $141 / 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 $4,647 $171,203 $29,512 $141,691
Source: Public Records

Agents Affiliated with this Home

  • Sam Solano

    Seller's Agent in 2023

    Sam Solano

    Media West Realty,Inc.

    (818) 280-7119

    2 in this area

    33 Total Sales

    Sam Solano
    Section Image
  • Juan Carlos Nuno

    Buyer's Agent in 2023

    Juan Carlos Nuno

    Jesus Martinez, Broker

    (760) 219-3839

    1 in this area

    126 Total Sales

    Juan Carlos Nuno
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23038481

California Regional Multiple Listing Service (CRMLS)

APN: 127-100-11-00-5

California Kern County Bakersfield 93305 East Bakersfield

1327 Lincoln St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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