NOT LISTED FOR SALE

2003 Lester St Bakersfield, CA 93304

Benton Park Neighborhood
-- Bed
-- Bath
10,250 Sq Ft
0.93 Acres

Last Sold September 25, 2020

Last sale price $1,200,000 $117 Per Sq Ft

About This Home

As of September 2020

Wonderful turn key 17 unit property fully rented. Upside in rents, property is currently professionally managed and generates great cash flow. 11 units are 2 bedroom/1 bathroom - 5 units are 1 bedroom/1 bathroom and 1 studio. Total gross rents are $9,952 per month.

Last Agent to Sell the Property

Seth Johnson

Seth Johnson, Broker License #01469072 Listed on: 03/06/2020

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.93 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 10,250 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 14738101

Community Details

Overview

  • 17 Units

Building Details

  • Gross Income $111,488
  • Net Operating Income $67,310

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: 11 Plus
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 10250.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 40511.00
  • Parcel #: 14738101

Multi Family

  • Total Annual Expense: 44178.32
  • Vacancy Factor: 3.00
  • Number Of Units Total: 17
  • Annual Gross Income: 111487.92
  • Property Net Operating Income: 67309.60

Range of Values:

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Average Value
Not Available
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 Prior Sale
09/25/2020 09/25/20 Sold $1,200,000 0.0% $117 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $1,200,000 +77.8% $117 / Sq Ft
06/27/2019 06/27/19 Sold $675,000 -3.6% $66 / Sq Ft View Prior Sale
05/28/2019 05/28/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $700,000 -- $68 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Seth Johnson

    Seth Johnson, Broker

    3 Total Sales

    Seth Johnson
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    Non-Member Office

  • Richard Winward

    Seller's Agent in 2019

    Richard Winward

    Coldwell Banker Preferred,RLT

    (661) 836-6269

    1 in this area

    89 Total Sales

    Richard Winward
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202002528

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93304 Benton Park

2003 Lester St, Bakersfield, CA

This home is located at 2003 Lester St, Bakersfield, CA 93304 since 06 March 2020. This property was built in 1940. 2003 Lester St 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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