NOT LISTED FOR SALE
7 Beds
6 Baths
2,801 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: May 6, 2021

Last sale price $380,000 $136 Per Sq Ft

14 Days on Market

Highlights

  • Heated Floors
  • Huntsville High School Rated A
  • 1-Story Property

About This Home

As of May 2021

We are pleased to present for sale this unique five (5) unit multi-family property. Consisting of one (1) three (3) bedroom, two (2) bathroom unit, & four (4) studios, the offering sits on a 10,454sq.ft. lot and has a gross rentable square footage of 2801 sq.ft.. Located in a strong rental area, these units have no issue staying rented, not to mention the remodel/rehab done on the main house, consisting of an open/sensible new layout, new flooring, renovated restrooms, new water heaters, redone gas lines & fresh paint. The studios are also in great shape being rehabbed upon ownership; reflected by the condition of the parcel, this property boasts extreme pride of ownership shown by the tenants in place, a true diamond in the rough. This offering provides an excellent opportunity for a buyer to invest in one of the most historically affordable, cash-flow driven submarkets in California.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 03/23/2021

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Brandon Goedhart

Watson Realty License #02045854

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,801 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Downtown Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 13808111

Community Details

Overview

  • 5 Units
  • Pacific Improv Cos S Subdivision

Building Details

  • Gross Income $39,600
  • Net Operating Income $25,184

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1922
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2801.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Parcel #: 13808111

Multi Family

  • Total Annual Expense: 13228.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Annual Gross Income: 39600.00
  • Property Net Operating Income: 25184.00

MLS Schools

  • Elementary School: Downtown

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
Mar 23, 2021
Closed on
May 10, 2021
Sold by
Bought by
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Brandon Goedhart
Watson Realty
List Price
$389,999
Sold Price
$380,000
Premium/Discount to List
-$9,999
-2.56%

Purchase Details

Closed on
Apr 29, 2019
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
$276,750
Interest Rate
0.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2019
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
$276,750
Interest Rate
0.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 6, 2016
Closed on
Dec 5, 2016
Sold by
Bought by
Seller's Agent
EDGAR ALFARO
Antelope Realty
Buyer's Agent
EDGAR ALFARO
Antelope Realty
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Purchase Details

Listed on
Oct 6, 2016
Closed on
Nov 18, 2016
Sold by
Bought by
Seller's Agent
EDGAR ALFARO
Antelope Realty
Buyer's Agent
EDGAR ALFARO
Antelope Realty
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 3, 2012
Sold by
Bought by
Seller's Agent
Freddy Perez
Performance Property Managemen
Buyer's Agent
Brenda Licea
Watson Realty
List Price
$115,000
Sold Price
$121,000
Premium/Discount to List
$6,000
5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Original Mortgage
$78,650
Interest Rate
0.0335%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 8, 2012
Closed on
Nov 27, 2012
Sold by
Bought by
Seller's Agent
Freddy Perez
Performance Property Managemen
Buyer's Agent
Brenda Licea
Watson Realty
List Price
$115,000
Sold Price
$121,000
Premium/Discount to List
$6,000
5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,650
Interest Rate
0.0335%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2005
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
$275,000
Interest Rate
0.0577%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2005
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
$275,000
Interest Rate
0.0577%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$380,000 Placer Title Company
-- Priority Title
$369,000 Priority Title
-- None Available
$205,000 Usa National Title Co
-- Chicago Title Company
-- Chicago Title Company
$121,000 Chicago Title Company
$410,000 Alliance Title
-- --
$235,000 Alliance Title
$142,000 First American Title
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
Previous Owner $276,750
Previous Owner $105,000
Previous Owner $78,650
Previous Owner $275,000
Previous Owner $120,000
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
05/06/2021 05/06/21 Sold $380,000 -2.6% $136 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $389,999 +8.3% $139 / Sq Ft
06/30/2019 06/30/19 Sold $360,000 +0.3% $129 / Sq Ft View Prior Sale
06/17/2019 06/17/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $359,000 +75.1% $128 / Sq Ft
12/14/2016 12/14/16 Sold $205,000 -18.0% $73 / Sq Ft View Prior Sale
11/09/2016 11/09/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $250,000 +106.6% $89 / Sq Ft
12/14/2012 12/14/12 Sold $121,000 +5.2% $43 / Sq Ft View Prior Sale
11/14/2012 11/14/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $115,000 -- $41 / 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 $7,785 $411,323 $48,709 $362,614
2024 $7,785 $403,258 $47,754 $355,504
2023 $7,540 $395,352 $46,818 $348,534
2022 $7,183 $387,600 $45,900 $341,700
2021 $6,810 $380,278 $37,100 $343,178
2020 $6,616 $376,380 $36,720 $339,660
2019 $4,600 $218,483 $32,252 $186,231
2018 $5,253 $210,000 $31,000 $179,000
2017 $5,052 $205,000 $31,000 $174,000
2016 $1,920 $125,866 $20,803 $105,063
2015 $1,918 $123,976 $20,491 $103,485
2014 $1,865 $121,548 $20,090 $101,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202103101

Bakersfield Association of REALTORS® / GEMLS
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