NOT LISTED FOR SALE
1 Bed
1 Bath
2,761 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: December 11, 2024

Last sale price $250,000 $91 Per Sq Ft

6 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of December 2024

Priced to sell! This prime income property consists of three homes on one lot, generating steady monthly revenue. The property includes (2) 3bd/1ba Units and (1) 1bd/1ba unit. All units are on month-to-month leases, offering flexibility for future rental adjustments or updates. Conveniently located in East Bakersfield in close proximity to shopping, dining and the Kern Medical Center.

Last Agent to Sell the Property

Nicholas Sibley

RE/MAX Golden Empire License #02197083 Listed on: 11/14/2024

RE/MAX Golden Empire

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Eric Van Denk

Central Valley Property Adviso License #02071696

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 0.3

Interior Spaces

  • 2,761 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Mann Elementary School
  • Compton Middle School
  • East High School

Additional Features

  • 13,068 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13802206

Community Details

Overview

  • 3 Units
  • Pacific Improvement Companys S Subdivision

Building Details

  • Gross Income $37,740
  • Net Operating Income $22,644

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1944
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.3000
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2761.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: East
  • Middle Or Junior School: Compton

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 13068.00
  • Parcel #: 13802206

Multi Family

  • Total Annual Expense: 15096.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 37740.00
  • Property Net Operating Income: 22644.00

MLS Schools

  • Elementary School: Mann, Horace

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 2, 2024
Sold by
Bought by
Seller's Agent
Nicholas Sibley
RE/MAX Golden Empire
Buyer's Agent
Eric Van Denk
Central Valley Property Adviso
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Views
10

Purchase Details

Closed on
Apr 21, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
20%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 12, 2017
Sold by
Bought by
Seller's Agent
Tri Lam
Home Finder Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 17, 2017
Closed on
Apr 29, 2017
Sold by
Bought by
Seller's Agent
Tri Lam
Home Finder Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$220,000
Sold Price
$220,000

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 24, 2014
Sold by
Bought by
Seller's Agent
Kevin Palla
Kevin Palla, Broker
Buyer's Agent
Carlos Padilla
Watson Realty
List Price
$209,900
Sold Price
$201,000
Premium/Discount to List
-$8,900
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,514
Interest Rate
7.68%
Mortgage Type
VA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Bakersfield, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Orange Coast Title
-- Stewart Title
-- None Available
$220,000 Lawyers Title
$201,000 Placer Title Company
$90,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $13,663,200
Previous Owner $470,000
Previous Owner $192,500
Previous Owner $136,000
Previous Owner $181,177
Previous Owner $117,420
Previous Owner $87,327
Previous Owner $90,514
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Sold $250,000 -16.7% $91 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $300,000 +36.4% $109 / Sq Ft
05/10/2017 05/10/17 Sold $220,000 0.0% $76 / Sq Ft View Prior Sale
04/17/2017 04/17/17 For Sale $220,000 +9.5% $76 / Sq Ft
08/06/2014 08/06/14 Sold $201,000 -4.2% $73 / Sq Ft View Prior Sale
07/07/2014 07/07/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $209,900 -- $76 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,160 $374,340 $81,600 $292,740
2025 $7,160 $367,000 $80,000 $287,000
2024 $5,715 $250,316 $45,510 $204,806
2023 $5,534 $245,409 $44,618 $200,791
2022 $5,200 $240,598 $43,744 $196,854
2021 $4,915 $235,882 $42,887 $192,995
2020 $4,803 $233,465 $42,448 $191,017
2019 $4,639 $233,465 $42,448 $191,017
2018 $4,517 $224,400 $40,800 $183,600
2017 $4,319 $208,144 $36,243 $171,901
2016 $3,724 $204,064 $35,533 $168,531
2015 $3,721 $201,000 $35,000 $166,000
2014 $2,662 $111,196 $15,037 $96,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411756

Bakersfield Association of REALTORS® / GEMLS

APN: 138-022-06

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