NOT LISTED FOR SALE
-- Bed
-- Bath
5,529 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: September 27, 2024

Last sale price $700,000 $127 Per Sq Ft

4 Days on Market

About This Home

As of September 2024

2419 Westholme Blvd in Bakersfield, CA is a multifamily property built in 1977, currently listed for sale at $727,000. The building spans approximately 5,529 square feet and generates a current gross scheduled income of $69,240, with a Gross Rent Multiplier (GRM) of 10.5. The property consists of five units: one 3-bedroom, 3-bath unit; two 2-bedroom, 1-bath units; and two 2-bedroom, 1.5-bath units. This is a solid investment opportunity with diverse unit configurations appealing to a range of tenants.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 09/10/2024

Last Buyer's Agent

Mohammad Hammad

Executive, REALTORS® License #02123904

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.3

Home Design

  • Composition Roof

Interior Spaces

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

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

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

Additional Features

  • 13,068 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35528015

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $69,240
  • Net Operating Income $42,163

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.3 Acres

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: 0.3000
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 5529.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 4
  • 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: 13068.00
  • Parcel #: 35528015

Multi Family

  • Total Annual Expense: 25000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 69240.00
  • Property Net Operating Income: 42163.00

MLS Schools

  • Elementary School: Castle, C. H.

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

Listed on
Sep 10, 2024
Closed on
Sep 20, 2024
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Mohammad Hammad
Executive, REALTORS®
List Price
$727,000
Sold Price
$700,000
Premium/Discount to List
-$27,000
-3.71%
Views
13
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
-- Placer Title
$700,000 Placer Title
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
09/27/2024 09/27/24 Sold $700,000 -3.7% $127 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $727,000 -- $131 / 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 $5,859 $700,000 $170,000 $530,000
2024 $5,859 $351,042 $22,622 $328,420
2023 $5,751 $344,160 $22,179 $321,981
2022 $5,515 $337,413 $21,745 $315,668
2021 $5,233 $330,798 $21,319 $309,479
2020 $5,113 $327,407 $21,101 $306,306
2019 $5,066 $327,407 $21,101 $306,306
2018 $4,867 $314,695 $20,283 $294,412
2017 $4,813 $308,526 $19,886 $288,640
2016 $4,534 $302,478 $19,497 $282,981
2015 $3,953 $250,000 $40,000 $210,000
2014 $3,923 $250,000 $40,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409182

Bakersfield Association of REALTORS® / GEMLS
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