NOT LISTED FOR SALE
14 Beds
14 Baths
5,824 Sq Ft
0.29 Acres

Last Sold November 26, 2021

Last sale price $685,000 $118 Per Sq Ft

11 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Landscaped
  • No HOA

About This Home

As of November 2021

Bread and butter units in the heart of Bakersfield. This seven unit property has great tenants, good rents, an owners unit, plenty of parking; everything a landlord is looking for in a rental property.

Last Agent to Sell the Property

Joshua Glaz

The Ave License #01856858 Listed on: 10/28/2021

Last Buyer's Agent

Joshua Glaz

Your Realty Inc. License #01856858

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 5,824 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block P / 63
  • Tax Tract Number 13
  • Assessor Parcel Number 01327001006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $300
  • Operating Expense $500
  • Gross Income $55,800
  • Net Operating Income $49,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 01327001006
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 117.62

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Rental Info

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

Multi Family

  • Gross Income: 55800.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 100.00
  • Lot Size Area: 12632.0000 Square Feet
  • Net Operating Income: 49580.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Actual Rent: 4625.00
  • Total Expenses: 500.00

Tax Info

  • Tax Block: 63
  • Tax Census Tract: 13.00
  • Tax Lot: P
  • Tax Tract Number: 0013

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 Prior Sale
11/26/2021 11/26/21 Sold $685,000 0.0% $118 / Sq Ft
11/17/2021 11/17/21 Off Market $685,000 -- --
10/28/2021 10/28/21 For Sale $650,000 +28.7% $112 / Sq Ft
04/01/2019 04/01/19 Sold $505,000 +5.2% $87 / Sq Ft View Prior Sale
10/03/2018 10/03/18 For Sale $480,000 +39.1% $82 / Sq Ft
06/06/2013 06/06/13 Sold $345,000 0.0% $59 / Sq Ft View Prior Sale
05/07/2013 05/07/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $345,000 -- $59 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21235718

California Regional Multiple Listing Service (CRMLS)