NOT LISTED FOR SALE

1419 Niles St Unit A-D Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $464,536 - $540,000

8 Beds
4 Baths
3,325 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $415,000 $125 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,235/month

77 Days on Market

About This Home

As of July 2022

Fourplex in East Bakersfield. All Units are 2 Bedroom / 1 Bathroom. Rents are considerably under market. Value Add Opportunity! Long Term Section-8 Tenants, Professionally Managed.

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 04/13/2022

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 3,325 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Williams Bak Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01526004

Community Details

Overview

  • 4 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $31,440
  • Net Operating Income $23,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1972
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3325.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01526004

Multi Family

  • Total Annual Expense: 7920.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Annual Gross Income: 31440.00
  • Property Net Operating Income: 23520.00

MLS Schools

  • Elementary School: Williams_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2022
Sold by
Johnson Cynthia M
Bought by
Kaa Properties Lp
Current Estimated Value
$499,884

Purchase Details

Closed on
Oct 28, 2005
Sold by
Johnson Jamont
Bought by
Johnson Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2002
Sold by
Rider James Harvey and Rider Revocable Living Trust
Bought by
Hines Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Kaa Properties Lp $415,000 First American Title
Johnson Cynthia M -- Chicago Title
Johnson Cynthia M -- Chicago Title
Hines Cynthia M $118,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Cynthia M $246,000
Previous Owner Hines Cynthia M $94,400
Closed Hines Cynthia M $23,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $415,000 -2.4% $125 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $425,000 -- $128 / 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 $7,452 $431,766 $104,040 $327,726
2024 $7,452 $423,300 $102,000 $321,300
2023 $7,280 $415,000 $100,000 $315,000
2022 $4,204 $164,251 $25,050 $139,201
2021 $3,839 $161,031 $24,559 $136,472
2020 $3,839 $159,381 $24,308 $135,073
2019 $3,637 $159,381 $24,308 $135,073
2018 $3,565 $153,194 $23,365 $129,829
2017 $3,534 $150,191 $22,907 $127,284
2016 $3,333 $147,247 $22,458 $124,789
2015 $3,295 $145,036 $22,121 $122,915
2014 $3,194 $142,196 $21,688 $120,508
Source: Public Records

Agents Affiliated with this Home

  • Daniel Holt

    Seller's Agent in 2022

    Daniel Holt

    Portfolio Properties

    (661) 343-2955

    1 in this area

    46 Total Sales

    Daniel Holt
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member Office

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202203831

Bakersfield Association of REALTORS® / GEMLS

APN: 015-260-04-00-6

California Kern County Bakersfield 93305 East Bakersfield

1419 Niles St Unit A-D, Bakersfield, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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