$339,500
SOLD MAY 12, 2014
-- Bed
-- Bath
3,472 Sq Ft
6,100 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

3% Below List Price

9 Days on Market

About This Home

As of August 2016

This wonder property is located in a quiet neighborhood downtown. Conveniently situated close to the freeway (99 and 178) and the new westside parkway. The property consists of 4 spacious 2 bedroom / 1 bathroom units with an alley access covered carport for each. Property has been well maintained and it shows with 3 resident's rent at $850/mo and the fourth resident's rent at $885/mo.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 04/03/2014

Last Buyer's Agent

Adrian Diniz

City Real Estate Group & P.M. License #01761203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,161

Year Built

  • Built in 1968

Lot Details

  • 6,100 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 3,472 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00428105

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $41,220
  • Net Operating Income $20,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,161

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3472.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 6100.00
  • Parcel #: 00428105

Multi Family

  • Total Annual Expense: 19667.21
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 41220.00
  • Property Net Operating Income: 20204.79

Similar Homes in Bakersfield, CA

  • 130 8th St, Bakersfield, CA 93304

    $395,000

    • 6 Beds
    • 4 Baths
    • 2,187 Sq Ft
    • 130 8th St
    • Bakersfield, CA

    This spacious duplex (2,187 sf) in downtown Bakersfield (built in 2008) is in very good condition with LVP flooring and newer looking interior paint. Each unit has three bedrooms and one bathroom. The kitchens and bathrooms are in good shape and there are interior laundry hookups. This is a great investment opportunity.

    William Gordon Watson Realty

    Section Image
  • 923 Eureka St, Bakersfield, CA 93305

    $375,000

    • 6 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 923 Eureka St
    • Bakersfield, CA

    Now offered at a new reduced price! This exceptional duplex is the investment opportunity you’ve been waiting for! Each spacious unit offers 3 bedrooms and 2 baths, complete with its own gas and electric meters—ideal for streamlined management and tenant independence. Inside, you’ll find stylish granite countertops, rich dark wood cabinetry, and low-maintenance tile flooring throughout. Major

    Laurie McCarty Coldwell Banker Preferred Realtors

    Section Image
  • 1026 Flower St, Bakersfield, CA 93305

    $386,000

    • 6 Beds
    • 3 Baths
    • 2,108 Sq Ft
    • 1026 Flower St
    • Bakersfield, CA

    Don't miss out on this fantastic triplex opportunity! Live in one unit while generating income from the other two, or rent out all three units for a fully leased property. Each unit features 2 bedrooms and 1 bathroom. This is the perfect investment for steady cash flow and long-term value. Come take a tour today!

    Diana Medina Pinnacle Estate Properties, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/04/2016 08/04/16 Sold $425,000 0.0% $122 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $425,000 +25.2% $122 / Sq Ft
05/12/2014 05/12/14 Sold $339,500 -3.0% $98 / Sq Ft
04/12/2014 04/12/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $350,000 -- $101 / 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 $8,161 $493,242 $87,041 $406,201
2024 $8,161 $483,572 $85,335 $398,237
2023 $7,977 $474,091 $83,662 $390,429
2022 $7,771 $464,796 $82,022 $382,774
2021 $7,369 $455,683 $80,414 $375,269
2020 $7,230 $451,012 $79,590 $371,422
2019 $7,089 $451,012 $79,590 $371,422
2018 $6,930 $433,500 $76,500 $357,000
2017 $6,887 $425,000 $75,000 $350,000
2016 $5,623 $352,080 $36,243 $315,837
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21403249

Bakersfield Association of REALTORS® / GEMLS

APN: 004-281-05-00-2