NOT LISTED FOR SALE

1609 Terrace Way Bakersfield, CA 93304

Southgate Neighborhood
10 Beds
5 Baths
2,808 Sq Ft
0.28 Acres

Last Sold August 03, 2018

Last sale price $280,000 $100 Per Sq Ft

8 Days on Market

About This Home

As of August 2018

This five-plex is near South H and Highway 58. There are five, cute individual units which stay rented consistently. There is a spacious common yard with plenty of space between each unit. All but one has a garage. There are 2 two-bedroom and 2 one-bedroom units. The fifth is an efficiency unit. Annual income is $33,840 and expenses are $15,185 for an annual income of $18,655.

Last Agent to Sell the Property

William Gordon

Watson Realty License #01462106 Listed on: 06/26/2018

Last Buyer's Agent

Christopher Dumayas

MZ Brokerage Inc. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot

Interior Spaces

  • 2,808 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • Franklin Elementary School
  • Sequoia Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01115103

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $33,840
  • Net Operating Income $20,005

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2808.00

Exterior Features

  • Disclosures: Probate

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Sequoia

Lot Info

  • Lot Size Sq Ft: 12399.00
  • Parcel #: 01115103

Multi Family

  • Total Annual Expense: 13835.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 5
  • Annual Gross Income: 33840.00
  • Property Net Operating Income: 20005.00

MLS Schools

  • Elementary School: Franklin

Range of Values:

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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
08/03/2018 08/03/18 Sold $280,000 -1.8% $100 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $285,000 -- $101 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Gordon

    Seller's Agent in 2018

    William Gordon

    Watson Realty

    (661) 431-5534

    1 in this area

    572 Total Sales

    William Gordon
    Section Image

  • C

    Buyer's Agent in 2018

    Christopher Dumayas

    MZ Brokerage Inc.

    (626) 676-5090

    9 Total Sales

    Christopher Dumayas
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807868

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93304 Southgate

1609 Terrace Way, Bakersfield, CA

This home is located at 1609 Terrace Way, Bakersfield, CA 93304 since 26 June 2018. This property was built in 1940. 1609 Terrace Way is a home located in Kern County with nearby schools including Evergreen Elementary School, Curran Middle School, and West High School.

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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