NOT LISTED FOR SALE
2 Beds
1 Bath
5,836 Sq Ft
9,583 Sq Ft

Last Sold February 28, 2018

Last sale price $445,000 $76 Per Sq Ft

104 Days on Market

About This Home

As of February 2018

8 unit building in Northeast Bakersfield. Fully occupied with rents ranging from $600-$679/mo. All units are 2 bedroom / 1 bathroom with uncovered parking available for residents. Some rehab has been completed within various units.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 10/17/2017

Last Buyer's Agent

Gregory Collins

LPT Realty, Inc. License #01989275

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 9,831 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 5,836 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00911104

Community Details

Overview

  • 8 Units
  • Lowell Add Subdivision

Building Details

  • Gross Income $63,168
  • Net Operating Income $34,530

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

9,831 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1979
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 5836.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 9831.00
  • Parcel #: 00911104

Multi Family

  • Total Annual Expense: 25480.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 8
  • Annual Gross Income: 63168.00
  • Property Net Operating Income: 34530.00
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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 Prior Sale
02/28/2018 02/28/18 Sold $445,000 -7.3% $76 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $480,000 +34.8% $82 / Sq Ft
01/04/2016 01/04/16 Sold $356,000 -3.8% $56 / Sq Ft View Prior Sale
12/05/2015 12/05/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $369,900 +6.0% $58 / Sq Ft
10/12/2012 10/12/12 Sold $348,860 -12.6% $55 / Sq Ft View Prior Sale
09/12/2012 09/12/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $399,000 -- $62 / 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 $8,428 $506,329 $39,821 $466,508
2024 $8,428 $496,402 $39,041 $457,361
2023 $8,220 $486,670 $38,276 $448,394
2022 $8,010 $477,128 $37,526 $439,602
2021 $7,568 $467,774 $36,791 $430,983
2020 $7,416 $462,978 $36,414 $426,564
2019 $7,302 $462,978 $36,414 $426,564
2018 $6,269 $370,382 $37,454 $332,928
2017 $6,254 $363,120 $36,720 $326,400
2016 $5,882 $363,040 $31,206 $331,834
2015 $5,846 $357,588 $30,738 $326,850
2014 $5,681 $350,584 $30,136 $320,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21712152

Bakersfield Association of REALTORS® / GEMLS
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