NOT LISTED FOR SALE
-- Bed
-- Bath
3,782 Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: June 10, 2024

Last sale price $550,000 $145 Per Sq Ft

69 Days on Market

About This Home

As of June 2024

An opportunity to grow your investment portfolio with this 5 unit complex in Bakersfield. This complex features three units that are 2 bedroom, 1 bathroom and two units that are 1 bedroom, 1 bathroom. This property has an open courtyard with a large grass area, covered carport for parking and private storage for tenants. Property is currently professionally managed and brings in $4650 in gross rents with a 6% CAP. Seller may finance.

Last Agent to Sell the Property

Mark Clemmer

Clemmer and Company Real Estat License #01994471 Listed on: 04/01/2024

Co-Listed By

Melinda Clemmer

Clemmer and Company Real Estat License #01911036

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.29

Parking

  • Carport

Home Design

  • Composition Roof

Interior Spaces

  • 3,782 Sq Ft Home
  • 1-Story Property

Schools

  • Mann Elementary School
  • Stiern Middle School
  • East High School

Additional Features

  • 12,632 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13810114

Community Details

Overview

  • 5 Units
  • Pacific Improvement Companys S Subdivision

Building Details

  • Gross Income $55,800
  • Net Operating Income $35,191

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.29 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Deposit Amount Required: 6000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2900
  • Co List Office Mls Id: 12188
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3782.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative

Schools

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

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 13810114

Multi Family

  • Total Annual Expense: 20609.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 55800.00
  • Property Net Operating Income: 35191.00

MLS Schools

  • Elementary School: Mann, Horace
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/10/2024 06/10/24 Sold $550,000 -2.7% $145 / Sq Ft
04/01/2024 04/01/24 For Sale $565,000 +2.7% $149 / Sq Ft
09/20/2022 09/20/22 Sold $550,000 0.0% $145 / Sq Ft View Prior Sale
08/26/2022 08/26/22 For Sale $550,000 +68.7% $145 / Sq Ft
06/06/2019 06/06/19 Sold $326,000 -6.9% $86 / Sq Ft View Prior Sale
05/07/2019 05/07/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $350,000 -- $93 / 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
2025 $11,041 $561,000 $90,270 $470,730
2024 $10,923 $561,000 $56,100 $504,900
2023 $10,604 $550,000 $55,000 $495,000
2022 $7,830 $342,682 $42,046 $300,636
2021 $7,416 $335,964 $41,222 $294,742
2020 $7,416 $332,520 $40,800 $291,720
2019 $4,731 $141,181 $21,259 $119,922
2018 $5,407 $135,701 $20,435 $115,266
2017 $5,191 $133,041 $20,035 $113,006
2016 $2,572 $130,434 $19,643 $110,791
2015 $2,570 $128,475 $19,348 $109,127
2014 $2,508 $125,959 $18,969 $106,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202403064

Bakersfield Association of REALTORS® / GEMLS
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