NOT LISTED FOR SALE
-- Bed
-- Bath
10,830 Sq Ft
0.52 Acre Lot

Sale Details

Date Sold: May 24, 2018

Last sale price $1,800,000 $166 Per Sq Ft

27 Days on Market

About This Home

As of May 2018

20 Unit Apartment complex in one of Bakersfield, CA most desirable neighborhoods. Bread and Butter rental units are currently 100% occupied with very strong rental history due to high demand rental area. Boasting a total of 6 different buildings 3 of which are single story and 3 of which are 2 story townhouses style units. The property has a unit mix of 4-3 bedroom and 1 bath units; 15-2 bedroom and 1.5 bath units; and 1-2 bedroom and 1 bath unit.

Last Agent to Sell the Property

Pete Peralta

Miramar Realty License #1307225 Listed on: 04/27/2018

Last Buyer's Agent

Pete Peralta

Miramar Realty License #1307225 Listed on: 04/27/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 22,822 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 10,830 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00818225

Community Details

Overview

  • 20 Units
  • Chester Subdivision

Building Details

  • Gross Income $178,200
  • Net Operating Income $119,229

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0.52 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1951
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 10830.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Lot Size Sq Ft: 22822.00
  • Parcel #: 00818225

Multi Family

  • Total Annual Expense: 58971.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 20
  • Annual Gross Income: 178200.00
  • Property Net Operating Income: 119229.00

MLS Schools

  • Elementary School: Other-Outlying

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
Jul 1, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 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
$525,000
Interest Rate
0.058%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 7, 2000
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
$382,400
Interest Rate
0.075%
Mortgage Type
Commercial
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
-- None Available
$1,800,000 Chicago Title Bakersfield
-- None Available
$1,550,000 Fidelity Title
$478,000 --
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
Previous Owner $1,085,000
Previous Owner $525,000
Previous Owner $382,400
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
05/24/2018 05/24/18 Sold $1,800,000 0.0% $166 / Sq Ft
04/27/2018 04/27/18 For Sale $1,800,000 -- $166 / 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 $19,560 $1,331,256 $79,646 $1,251,610
2024 $19,560 $1,305,154 $78,085 $1,227,069
2023 $19,122 $1,279,563 $76,554 $1,203,009
2022 $18,701 $1,254,474 $75,053 $1,179,421
2021 $17,924 $1,229,878 $73,582 $1,156,296
2020 $17,666 $1,217,268 $72,828 $1,144,440
2019 $17,368 $1,217,268 $72,828 $1,144,440
2018 $11,075 $676,000 $101,400 $574,600
2017 $11,210 $676,000 $101,400 $574,600
2016 $10,518 $676,000 $101,400 $574,600
2015 $8,636 $505,000 $40,000 $465,000
2014 $8,507 $505,000 $40,000 $465,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21805440

Bakersfield Association of REALTORS® / GEMLS
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