NOT LISTED FOR SALE
-- Bed
-- Bath
5,120 Sq Ft
0.3 Acres

Last Sold August 15, 2017

Last sale price $755,000 $147 Per Sq Ft

17 Days on Market

About This Home

As of August 2017

This amazing and unique opportunity is an idel investment property. 8 units in prestine antique condition with original hardwood floors, glass door knobs - refurbished but with attention to the original 1928 building preserved.

Last Agent to Sell the Property

Scott Tobias

Tobias Real Estate License #00577493 Listed on: 06/29/2017

Last Buyer's Agent

Adam Belter

Coldwell Banker Preferred,RLT License #01896162

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 5,120 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 5 Car Parking Spaces

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00325101

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $86,400
  • Net Operating Income $50,966

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1928
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5120.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Floor/Wall Heater,Other

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 13098.00
  • Parcel #: 00325101

Multi Family

  • Total Annual Expense: 31114.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 8
  • Annual Gross Income: 86400.00
  • Property Net Operating Income: 50966.00

MLS Schools

  • Elementary School: Franklin
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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
08/15/2017 08/15/17 Sold $755,000 +0.7% $147 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $750,000 -- $146 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $14,421 $1,025,834 $200,134 $825,700
2024 $14,421 $1,005,720 $196,210 $809,510
2023 $14,111 $986,001 $192,363 $793,638
2022 $13,820 $966,669 $188,592 $778,077
2021 $13,317 $947,716 $184,895 $762,821
2020 $13,155 $938,000 $183,000 $755,000
2019 $11,120 $785,502 $176,868 $608,634
2018 $10,885 $755,000 $170,000 $585,000
2017 $6,217 $360,139 $56,257 $303,882
2016 $5,770 $353,078 $55,154 $297,924
2015 $5,735 $347,775 $54,326 $293,449
2014 $5,573 $340,963 $53,262 $287,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21707485

Bakersfield Association of REALTORS® / GEMLS
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