Seller's Agent in 2021
Esteban Contreras
Watson Realty
(661) 206-2447
14 in this area
151 Total Sales
Estimated Value: $425,000 - $444,000
5
Beds
2
Baths
2,684
Sq Ft
$161/Sq Ft
Est. Value
About This Home
As of October 2021We are honored to present for sale this never before listed mixed used, multi-family property. Featuring a two (2) bedroom, one (1) bathroom home, & two one (1) bedroom, one (1) bathroom units, the offering includes retail/office tenants & one (1) residential tenant. This is the perfect for any savvy investor looking for an opportunity to acquire a value-add project with rental upsides surpassing 20%!! Located in Bakersfield's fastest growing hubs, the Downtown Market is known to have the lowest vacancy rates in town and will be a great asset to any investors portfolio, small or large.
Last Agent to Sell the Property
Watson Realty License #01975384 Listed on: 08/12/2021
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,943
Year Built
- Built in 1927
Lot Details
- 7,840
Interior Spaces
- 2,684 Sq Ft Home
- 2-Story Property
Schools
- Downtown Elementary School
- Bakersfield High School
Additional Features
- 7,840 Sq Ft Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 01029001
Community Details
Overview
- 3 Units
- Heck Subdivision
Building Details
- Gross Income $29,280
- Net Operating Income $21,057
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $340,000 | -1.4% | $127 / Sq Ft |
| 09/18/2021 09/18/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $344,999 | -- | $129 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
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 | $4,943 | $360,810 | $53,060 | $307,750 |
| 2024 | $4,836 | $353,736 | $52,020 | $301,716 |
| 2023 | $4,836 | $346,800 | $51,000 | $295,800 |
| 2022 | $4,737 | $340,000 | $50,000 | $290,000 |
| 2021 | $2,385 | $136,721 | $32,155 | $104,566 |
| 2020 | $2,316 | $135,320 | $31,826 | $103,494 |
| 2019 | $2,283 | $135,320 | $31,826 | $103,494 |
| 2018 | $2,242 | $130,067 | $30,591 | $99,476 |
| 2017 | $2,237 | $127,518 | $29,992 | $97,526 |
| 2016 | $2,079 | $125,018 | $29,404 | $95,614 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Eric Van Denk
Central Valley Property Adviso
(419) 206-7117
17 in this area
249 Total Sales
-
N
Buyer's Agent in 2021
Non-Member Non-Member
Non-Member Office
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202108825
APN: 010-290-01-00-1
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