NOT LISTED FOR SALE

2324 Pacific Dr Bakersfield, CA 93306

Estimated Value: $320,000 - $430,000

11 Beds
6 Baths
4,491 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $663,000 $148 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $2,432/month

10 Days on Market

Highlights

  • 0.65 Acre Lot
  • Lawn
  • Covered Patio or Porch
  • Fruit Trees
  • No HOA
  • Double Pane Windows

About This Home

As of August 2021

Calling all investors...this is the investment you have been looking for! 5 homes on two lots offers 4,491 square feet of residential income opportunity that sits on over half an acre! Main house is a charming 3 bed/2 bath home with a spacious front yard, sparkling swimming pool, brick BBQ, central AC and 2 car garage. Other four homes are 2 bed/1 bath with one car garage and private yards for enjoying the outdoors! Community has a park-like feel with lush green grass, shady mature trees, and is nestled in an established, quaint Hillcrest neighborhood that is a high rental demand area. Live in the main house and rent out the additional homes or collect income on all five homes! Property has separate gas and electricity meters, ceiling fans, newer dual pane windows, newer pool equipment, newer cinder block wall for the main home, is fully fenced and has a common basketball court to enjoy by all. Long term owners have cared for this property for many years! DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Nicole Gomez

Tehachapi Summit Real Estate License #01997022 Listed on: 07/07/2021

Tehachapi Summit Real Estate

Last Buyer's Agent

Agent Non Mls

Non Mls Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.65 Acre Lot
  • Fruit Trees
  • Lawn

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 4,491 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • 10 Open Parking Spaces
  • 2 Car Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Evaporated cooling system
  • Separate Meters

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 13646016

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: 5 Units +
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.6500
  • New Construction: No
  • Year Built: 1949
  • Foundation Features: Other
  • AV Surveillance: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 11
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 4491.00
  • Window Features: Double Pane
  • ResoLivingAreaSource: SeeRemarks
  • Broker Approved: Yes
  • Total Bathrooms: 6.00

Exterior Features

  • Pool Private: No
  • Patio And Porch Features: Porch Covered
  • Roof: Composition
  • Price Per Acre: 1020000.00
  • Price Per Square Foot: 147.63
  • Exterior Type: Siding Stucco

Garage/Parking

  • Covered Parking Spaces: 6.00
  • Open Parking Spaces: 10.00

Utilities

  • Cooling: Central Air, Evaporative Cooling
  • Electricity On Property: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Seperate Meters
  • PowerSource: Public Utility
  • Electricity: Separate Meters

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 28313.00
  • Parcel #: 13646016
  • Zoning: R1
  • Lot Description: Trees

Green Features

  • Green Landscaping: Lawn, Trees Fruit, Trees Shade, Outdoor Lighting

Rental Info

  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00.001-08:00

Multi Family

  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Total Num Of Units: 5

Tax Info

  • Tax Lot: 5
  • Tax Tract: N/A

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $663,000 0.0% $148 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $663,000 -- $148 / Sq Ft
Source: Tehachapi Area Association of REALTORS®

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 $5,113 $281,431 $63,672 $217,759
2024 $4,970 $275,914 $62,424 $213,490
2023 $4,970 $270,504 $61,200 $209,304
2022 $4,730 $265,200 $60,000 $205,200
2021 $5,530 $88,362 $12,924 $75,438
2020 $5,530 $87,457 $12,792 $74,665
2019 $5,319 $87,457 $12,792 $74,665
2018 $5,252 $84,063 $12,297 $71,766
2017 $5,199 $82,415 $12,056 $70,359
2016 $1,883 $80,800 $11,820 $68,980
2015 $1,879 $79,587 $11,643 $67,944
2014 $1,821 $78,029 $11,415 $66,614
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicole Gomez

    Tehachapi Summit Real Estate

    Section Image

  • A

    Buyer's Agent in 2021

    Agent Non Mls

    Non Mls Office

See All Agents

Map

Source: Tehachapi Area Association of REALTORS®

MLS Number: 9983792

APN: 136-460-16-00-1

California Kern County Bakersfield 93306

2324 Pacific Dr, Bakersfield, CA

Not Listed for Sale

MultiFamily

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