NOT LISTED FOR SALE

214 Beardsley Ave Bakersfield, CA 93308

Estimated Value: $1,382,305

Studio
-- Bath
7,747 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $1,375,000 $177 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,796/month

114 Days on Market

About This Home

As of June 2024

**Updated Rent Roll** $14,150/month income! Explore a unique investment in North Bakersfield: a commercial multifamily property with 13 units. Current monthly rent is $14,150 with potential to increase to $15,450. Benefit from above-average store lease rates and Seller Financing without extra fees. Possibility of a Lot Line Adjustment to separate the store, enhancing flexibility and value. Listed at $1.450M. This indicates a top investment in Kern County. An income source with growth potential. Contact for details. Rent roll and Owner provide IE statement provided on request. Call or text 661-846-2796.

Last Agent to Sell the Property

Sanjeev Advani

Sanjeev Advani, Broker License #01869863 Listed on: 01/17/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.72

Parking

  • Uncovered Parking

Interior Spaces

  • 7,747 Sq Ft Home
  • 1-Story Property

Schools

  • Beardsley Middle School
  • North High School

Additional Features

  • 0.72 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 11425026

Community Details

Overview

  • 13 Units
  • James Arp Sub Subdivision

Building Details

  • Gross Income $169,800
  • Net Operating Income $130,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1946
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.7200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 7747.00

Exterior Features

  • Disclosures: Corp. Owned

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 31363.00
  • Parcel #: 11425026

Multi Family

  • Total Annual Expense: 39690.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 13
  • Existing Lease Type: Net
  • Annual Gross Income: 169800.00
  • Property Net Operating Income: 130110.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jun 6, 2024
Sold by
Orange Donkey Inc
Bought by
Felton Mitchell Ho Ming and Felton Gabriel Lai
Seller's Agent
Sanjeev Advani
Sanjeev Advani, Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$1,599,000
Sold Price
$1,375,000
Premium/Discount to List
-$224,000
-14.01%
Views
64
Current Estimated Value
$1,382,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,305
Avg. Annual Appreciation
0.34%

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 11, 2021
Sold by
Almaguer Central Investments Llc
Bought by
Orange Donkey Inc
Seller's Agent
Sanjeev Advani
Sanjeev Advani, Broker
Buyer's Agent
Sanjeev Advani
Sanjeev Advani, Broker
List Price
$869,000
Sold Price
$800,000
Premium/Discount to List
-$69,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.03%
Original Mortgage
$440,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2020
Sold by
Braun David
Bought by
Almaguer Central Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2016
Sold by
Braun David and Keller Kathryn
Bought by
Braun David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Felton Mitchell Ho Ming $1,375,000 Wfg National Title
Orange Donkey Inc $800,000 First American Title Company
Almaguer Central Investments Llc $810,000 First American Title Company
Braun David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orange Donkey Inc $440,000
Previous Owner Almaguer Central Investments Llc $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $1,375,000 -5.2% $177 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $1,450,000 -9.3% $187 / Sq Ft
01/17/2024 01/17/24 For Sale $1,599,000 +99.9% $206 / Sq Ft
09/20/2021 09/20/21 Sold $800,000 -7.9% $111 / Sq Ft View Prior Sale
08/21/2021 08/21/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $869,000 +7.3% $121 / Sq Ft
07/09/2020 07/09/20 Sold $810,000 -4.7% $113 / Sq Ft View Prior Sale
06/09/2020 06/09/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $850,000 -- $118 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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
2025 $18,905 $1,402,500 $193,800 $1,208,700
2024 $18,905 $832,320 $130,050 $702,270
2023 $20,231 $816,000 $127,500 $688,500
2022 $17,483 $800,000 $125,000 $675,000
2021 $13,000 $405,000 $68,000 $337,000
2020 $9,056 $137,760 $41,323 $96,437
2019 $8,950 $137,760 $41,323 $96,437
2018 $10,369 $132,413 $39,719 $92,694
2017 $9,835 $129,818 $38,941 $90,877
2016 $5,396 $127,274 $38,178 $89,096
2015 $5,284 $125,363 $37,605 $87,758
2014 $5,185 $122,908 $36,869 $86,039
Source: Public Records

Agents Affiliated with this Home

  • Sanjeev Advani

    Seller's Agent in 2024

    Sanjeev Advani

    Sanjeev Advani, Broker

    (661) 770-7382

    39 Total Sales

    Sanjeev Advani
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member

    Non-Member Office

  • Noah Figueroa

    Seller's Agent in 2020

    Noah Figueroa

    LPT Realty, Inc.

    (661) 665-6624

    38 Total Sales

    Noah Figueroa
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202400631

Bakersfield Association of REALTORS® / GEMLS

APN: 114-250-26-00-9

California Kern County Bakersfield 93308

214 Beardsley Ave, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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