NOT LISTED FOR SALE
-- Bed
-- Bath
9,280 Sq Ft
0.63 Acre Lot

Sale Details

Date Sold: March 12, 2020

Last sale price $1,140,000 $123 Per Sq Ft

126 Days on Market

About This Home

As of March 2020

This 12-unit single story building is located 1 block East of the Bakersfield Jr College campus. It features 11 2 bedroom / 1 bath units and a 1 bedroom 1 bath unit that surrounds a central courtyard. Built in 1960, four of the units also have 1 car garages with openers. The property was re-roofed in 2019 with a comp shingle roof. 10 of the 12 units have been remodeled. Most of the remodeled units feature granite counter tops in the kitchens and bath with ceramic tile in the kitchen, hallways and bath. Onsite there is a laundry room plus swimming pool. The 2-bedroom rents range from $830 - $895. The 1 bedroom is rented for $700

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 10/08/2019

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 27,443 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 9,280 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 38205105

Community Details

Overview

  • 12 Units

Building Details

  • Gross Income $121,500
  • Net Operating Income $65,347

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.63 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Building Stories: 1
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 9280.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Carport

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 27443.00
  • Parcel #: 38205105

Multi Family

  • Total Annual Expense: 54668.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 12
  • Annual Gross Income: 121500.00
  • Property Net Operating Income: 65347.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/12/2020 03/12/20 Sold $1,140,000 +3.6% $123 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $1,100,000 -- $119 / 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 $18,262 $1,656,000 $153,000 $1,503,000
2024 $18,262 $1,222,308 $160,829 $1,061,479
2023 $17,854 $1,198,342 $157,676 $1,040,666
2022 $17,463 $1,174,846 $154,585 $1,020,261
2021 $16,743 $1,151,810 $151,554 $1,000,256
2020 $8,041 $439,340 $65,878 $373,462
2019 $7,933 $439,340 $65,878 $373,462
2018 $7,802 $422,283 $63,321 $358,962
2017 $7,785 $414,004 $62,080 $351,924
2016 $7,271 $405,887 $60,863 $345,024
2015 $7,220 $399,791 $59,949 $339,842
2014 $7,023 $391,961 $58,775 $333,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21911943

Bakersfield Association of REALTORS® / GEMLS
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