$723,000
SOLD NOV 13, 2024
-- Bed
-- Bath
5,529 Sq Ft
0.29 Acres

Recently Sold

$131 Per Sq Ft

3% Below List Price

38 Days on Market

About This Home

As of November 2024

Located at 2411 Westholme in Bakersfield, CA, this multi-unit property, built in 1977, offers a blend of spacious living and investment potential. Priced at $749,000, the property spans approximately 5,529 square feet and generates a current gross scheduled income of $76,740, with a 9.76 Gross Rent Multiplier. The complex includes a total of five units: one 3-bedroom, 3-bathroom unit, two 2-bedroom, 1-bathroom units, and two 2-bedroom, 1.5-bathroom units. Each unit has its own garage and laundry hookups, adding to tenant convenience and overall appeal.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 09/14/2024

Last Buyer's Agent

Moiz Lakdawala

Keller Williams Realty License #01881688

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 5,529 Sq Ft Home
  • 2-Story Property

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Additional Features

  • 0.29 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35528014

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $76,740
  • Net Operating Income $49,437

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1977
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 5529.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 35528014

Multi Family

  • Total Annual Expense: 25000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 76740.00
  • Property Net Operating Income: 49437.00

MLS Schools

  • Elementary School: Castle, C. H.

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    Gilbert Ayala Gilbert Realty and Loans

    Section Image

Range of Values:

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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 Change Sq Ft Price
11/13/2024 11/13/24 Sold $723,000 -3.5% $131 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $749,000 0.0% $135 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $749,000 0.0% $135 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $749,000 -- $135 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409414

Bakersfield Association of REALTORS® / GEMLS