NOT LISTED FOR SALE

Estimated Value: $751,000 - $903,000

1 Bed
1 Bath
3,208 Sq Ft
$265/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $820,000 $256 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,461/month

9 Days on Market

About This Home

As of September 2023

Opportunity is knocking at your door today with these incredible units that are ready to generate immediate cash flow! Come and take a look at this newly renovated four unit property downtown in the desirable neighborhood of Westchester. This amazing transformation is one you truly have to see in person to appreciate. Each unit comes with one bedroom, one bathroom, indoor utility and separate living and dining areas that are very spacious. The thought and detail that was put into this one are evident from the moment you pull up and look at the custom paint job, siding, concrete work and covered porch. Step inside to see that each unit has LVP flooring, granite countertops, white cabinets, upgraded fixtures, and HVAC units. The common outdoor areas are nicely landscaped with additional parking in the back. Hurry and jump on this one before it's too late!

Last Agent to Sell the Property

Joshua Gregorio

Miramar International Calloway License #01944331 Listed on: 06/19/2023

Last Buyer's Agent

Sheeza Gordon

Watson Realty License #01462106

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,208 Sq Ft Home
  • 2-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 00334202

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $72,000
  • Net Operating Income $47,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1920
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3208.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 00334202

Multi Family

  • Total Annual Expense: 20520.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 72000.00
  • Property Net Operating Income: 47880.00

MLS Schools

  • Elementary School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Bitton Shlomo and Bitton Anastasia
Bought by
Anastasia Rachelle Bitton And Shlomo Baruch B and Bitton
Current Estimated Value
$851,219

Purchase Details

Listed on
Jun 19, 2023
Closed on
Aug 29, 2023
Sold by
Adams Mark S
Bought by
Bitton Shlomo and Bitton Anastasia
Seller's Agent
Joshua Gregorio
Miramar International Calloway
Buyer's Agent
Sheeza Gordon
Watson Realty
List Price
$798,000
Sold Price
$820,000
Premium/Discount to List
$22,000
2.76%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anastasia Rachelle Bitton And Shlomo Baruch B -- None Listed On Document
Bitton Shlomo $820,000 Orange Coast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $820,000 +2.8% $256 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $798,000 -- $249 / 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 $12,120 $836,400 $127,500 $708,900
2024 $12,120 $820,000 $125,000 $695,000
2023 $4,932 $215,970 $57,405 $158,565
2022 $4,768 $211,736 $56,280 $155,456
2021 $6,865 $207,585 $55,177 $152,408
2020 $8,459 $205,458 $54,612 $150,846
2019 $4,356 $205,458 $54,612 $150,846
2018 $4,097 $197,483 $52,493 $144,990
2017 $4,064 $193,612 $51,464 $142,148
2016 $5,554 $189,816 $50,455 $139,361
2015 $3,771 $186,966 $49,698 $137,268
2014 $3,214 $144,000 $30,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202305053

Bakersfield Association of REALTORS® / GEMLS

APN: 003-342-02-00-0