NOT LISTED FOR SALE

205 W Robertson Rd Ridgecrest, CA 93555

7 Beds
7 Baths
-- Sq Ft
0.29 Acres

Last Sold April 30, 2021

Last sale price $115,000

202 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Burroughs High School Rated A-
  • Resident Manager or Management On Site
  • 1-Story Property

About This Home

As of April 2021

6 Space Mobile Home Park PLUS bachelor unit. Investment opportunity for growth for entry level investor. Long term management makes it easy for out of area owner.

Last Agent to Sell the Property

Jimmy La Peter

ALL PRO Real Estate Int'l License #00462499 Listed on: 08/27/2020

Last Buyer's Agent

Phillip Lopez

RE/MAX TerraSol License #02070434

RE/MAX TerraSol

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • 1-Story Property
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 55
  • Tax Tract Number 1234
  • Assessor Parcel Number 47805407007

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 7 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Professional Management Expense $1,500
  • New Taxes Expense $900
  • Operating Expense $3,000
  • Gross Income $16,500
  • Net Operating Income $13,500

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.30
  • Price Per Unit: 18557
  • Professional Management Expense: 1500.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Resident Manager
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 47805407007
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: No
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12640.00
  • Lot Size Acres: 0.2902

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 16500.00
  • Gross Multiplier: 7.87
  • Gross Operating Income: 16500.00
  • Gross Scheduled Income: 16500.00
  • Gross Spendable Income: 13500.00
  • Insurance Expense: 600.00
  • Lot Size Area: 12640.0000 Square Feet
  • Net Operating Income: 13500.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 16500.00
  • Total Expenses: 3000.00

Tax Info

  • New Taxes Expense: 900.00
  • Tax Census Tract: 54.03
  • Tax Lot: 55
  • Tax Tract Number: 1234

Range of Values:

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List 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 Change Sq Ft Price
04/30/2021 04/30/21 Sold $115,000 0.0% --
03/17/2021 03/17/21 Pending -- -- --
11/06/2020 11/06/20 Price Changed $115,000 -11.5% --
08/27/2020 08/27/20 For Sale $129,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20153972

California Regional Multiple Listing Service (CRMLS)