NOT LISTED FOR SALE
-- Bed
-- Bath
3,416 Sq Ft
0.27 Acres

Last Sold April 09, 2021

Last sale price $2,150,000 $629 Per Sq Ft

168 Days on Market

About This Home

As of April 2021

Portfolio of Investment Properties Being Sold Together! 25 Units Total, 5 Properties (Parcels), 140 Norris Rd - 7 Units APN: 007-081-21, 2611 Bishop Dr. - 6 Units APN:382-052-06 , 2201 California Ave - 6 Units APN: 007-081-21, 2528 Park Way - 4 Units APN: 007-022-06, 324 Flower St - 2 Units APN: 012-340-07 All owned and managed by same entity for over 15 years. Well Maintained and Fully Occupied. Start Enjoying Cashflow Today!

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 09/23/2020

Co-Listed By

Michael Magana

Coldwell Banker Frontier License #01980611

Last Buyer's Agent

Mary Sawyer, CCIM

Portfolio Properties License #854779

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.27 Acre Lot

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11231218

Community Details

Overview

  • 25 Units

Building Details

  • Gross Income $208,822
  • Net Operating Income $133,628

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1938
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 5296
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3416.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 11791.00
  • Parcel #: 11231218

Multi Family

  • Total Annual Expense: 75194.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 25
  • Annual Gross Income: 208822.00
  • Property Net Operating Income: 133628.00

MLS Schools

  • Elementary School: Standard

Range of Values:

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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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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
04/09/2021 04/09/21 Sold $2,150,000 -2.3% $629 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $2,200,000 -- $644 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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
2025 $13,127 $611,573 $64,945 $546,628
2024 $13,127 $599,582 $63,672 $535,910
2023 $12,652 $587,826 $62,424 $525,402
2022 $12,136 $576,300 $61,200 $515,100
2021 $6,316 $138,768 $46,822 $91,946
2020 $5,941 $137,346 $46,342 $91,004
2019 $5,867 $137,346 $46,342 $91,004
2018 $6,758 $132,015 $44,544 $87,471
2017 $7,544 $217,000 $32,000 $185,000
2016 $4,212 $186,000 $27,900 $158,100
2015 $4,221 $190,000 $40,000 $150,000
2014 $4,181 $190,000 $40,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202010150

Bakersfield Association of REALTORS® / GEMLS