NOT LISTED FOR SALE
4 Beds
4 Baths
1,632 Sq Ft
5,227 Sq Ft Lot

Last Sold April 24, 2024

Last sale price $525,000 $322 Per Sq Ft

116 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Central Air

About This Home

As of April 2024

Welcome to 201 Truxtun Ave, located in the heart of Bakersfield, CA! This charming 4-unit property consists of two buildings, offering a versatile investment opportunity. With a total lot size of 5,227 square feet and a comfortable living area of 1,632 square feet, this property provides ample space for both residents and potential expansion.The front building features two spacious units, each offering 2 bedrooms and 1 bathroom. Imagine the possibilities with these well-designed layouts, perfect for families or individuals seeking a comfortable living space. The added convenience of central cooling ensures a comfortable environment year-round.In the rear building, you'll find two additional units, each with a cozy studio layout. The first-floor unit provides easy access, while the second-floor unit offers a sense of privacy. These studios are ideal for young professionals or individuals seeking a compact yet functional living space.One of the standout features of this property is the expansive and elongated driveway, providing abundant parking space for residents and guests alike. Additionally, the front yard is generously sized, offering opportunities for landscaping and outdoor activities. The back patio area, accessible through the back alley space, provides a tranquil retreat where residents can relax and unwind.Fun facts about the Bakersfield area: Bakersfield is known as the "Country Music Capital of the West Coast," with a rich history in country music and a vibrant live music scene. The city is also renowned for its agricultural roots, producing crops such as grapes, citrus fruits, and almonds. Residents can enjoy various outdoor activities, including hiking in the nearby Sierra Nevada Mountains or exploring the stunning landscapes of Kern County.Don't miss out on this fantastic investment opportunity in Bakersfield! Whether you're an investor looking for rental income or a homeowner seeking additional space, this 4-unit property offers endless possibilities. Schedule a viewing today and envision the potential that awaits!Conveniently located right off the 204 HWY.

Last Agent to Sell the Property

Noe Blanco

RE/MAX Alliance Group Brokerage Phone: 310-508-7155 License #01787137 Listed on: 07/25/2023

RE/MAX Alliance Group

Last Buyer's Agent

Marc Pavon

Luxury Collective License #02025891

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • Quadruplex

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Air
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 6
  • Tax Tract Number 1
  • Assessor Parcel Number 00615205005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,478
  • Trash Expense $936
  • Operating Expense $2,414
  • Gross Income $4,050
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,414

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Price Per Unit: 141250
  • Property Attached: Yes
  • Zoning: C-1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 00615205005
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Entry Location: Street/Sidewalk
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 321.69
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Water Available
  • Laundry: No
  • Electric: Standard
  • Sewer: Public Sewer
  • Trash Expense: 936.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 90 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Income: 4050.00
  • Gross Scheduled Income: 4050.00
  • Insurance Expense: 1478.00
  • Lot Size Area: 5227.0000 Square Feet
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 2414.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 001...

Range of Values:

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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 Change Sq Ft Price
04/24/2024 04/24/24 Sold $525,000 -7.1% $322 / Sq Ft
03/15/2024 03/15/24 For Sale $565,000 0.0% $346 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $565,000 +7.6% $346 / Sq Ft
07/19/2023 07/19/23 Sold $525,000 0.0% $322 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $525,000 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2021 $2,414 $126,000 $45,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN23136805

California Regional Multiple Listing Service (CRMLS)

APN: 006-152-05-00-5