NOT LISTED FOR SALE
Studio
-- Bath
6,685 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: May 31, 2013

Last sale price $437,500 $65 Per Sq Ft

12 Days on Market

About This Home

As of May 2013

Great investment opportunity in Westchester area. 9 unit complex with 6 one car garages and onsite laundry that produces extra income. Call us today and start getting your ROI with this perfect rental opportunity!

Last Agent to Sell the Property

Victor Vazquez

LPT Realty, Inc. License #01435318 Listed on: 04/19/2013

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.4

Parking

  • 6 Car Garage
  • Uncovered Parking

Schools

  • Downtown Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 2-Story Property
  • 17,318 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00311105

Community Details

Overview

  • 9 Units

Building Details

  • Gross Income $65,400
  • Net Operating Income $40,416

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1937
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Garage, Uncovered
  • Garages: 6

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 17318.00
  • Parcel #: 00311105

Multi Family

  • Total Annual Expense: 24984.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 9
  • Annual Gross Income: 65400.00
  • Property Net Operating Income: 40416.00

MLS Schools

  • Elementary School: Downtown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
0.0405%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 14, 2013
Sold by
Bought by
Seller's Agent
Victor Vazquez
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$475,000
Sold Price
$437,500
Premium/Discount to List
-$37,500
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
0.0338%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.0474%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.0474%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,500
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
0.0587%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
$437,500 First American Title Company
-- Multiple
-- Lawyers Title
$331,200 Accommodation
$805,000 Fidelity Title
$585,000 Ticor Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $475,000
Closed $200,000
Previous Owner $435,000
Previous Owner $445,000
Previous Owner $315,000
Previous Owner $563,500
Previous Owner $409,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $437,500 -7.9% $65 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $475,000 -- $71 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,125 $538,737 $214,261 $324,476
2024 $9,125 $528,174 $210,060 $318,114
2023 $8,897 $517,819 $205,942 $311,877
2022 $8,666 $507,666 $201,904 $305,762
2021 $8,172 $497,713 $197,946 $299,767
2020 $8,001 $492,611 $195,917 $296,694
2019 $7,881 $492,611 $195,917 $296,694
2018 $7,734 $473,484 $188,310 $285,174
2017 $7,715 $464,201 $184,618 $279,583
2016 $7,138 $455,100 $180,999 $274,101
2015 $7,098 $448,265 $178,281 $269,984
2014 $6,894 $439,485 $174,789 $264,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21303710

Bakersfield Association of REALTORS® / GEMLS
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