NOT LISTED FOR SALE
-- Bed
-- Bath
5,818 Sq Ft
0.3 Acres

Last Sold June 23, 2022

Last sale price $1,350,000 $232 Per Sq Ft

68 Days on Market

About This Home

As of June 2022

This courtyard-home complex is located in one of Bakersfield's most coveted neighborhoods, prized for it's vintage charm. The unique layout of both the campus and the individual units afford the charisma that makes these mini-homes special and desirable to potential tenants. The property boasts 6 single level apartments, and 2 townhouse apartments. Each unit has indoor laundry, baths with separate tubs and showers, beautiful refinished oak hardwood flooring and generous storage. This property has been extremely well maintained over the years with care to maintain its original vintage charm, including original kitchen cabinetry, tile work and tile wainscoting in the bathrooms.Seven of the units have been furnished Airbnbs for the last 5 years, with excellent reviews, with one unit reserved for an onsite manager. This is a great opportunity to own high-demand rentals in one of Bakersfield's most prestigious neighborhoods, so convenient to everything! Please do not disturb tenants.

Last Agent to Sell the Property

Terri Collins

Watson Realty License #613837 Listed on: 03/17/2022

Last Buyer's Agent

Caleb Fisk

ASU Commercial License #02156326

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 5,818 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 8 Car Parking Spaces

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00126103

Community Details

Overview

  • 8 Units
  • Westchester Village Subdivision

Building Details

  • Gross Income $129,746
  • Net Operating Income $95,869

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1952
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5818.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Carport

Utilities

  • Heatcool: Other

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 13068.00
  • Parcel #: 00126103

Multi Family

  • Total Annual Expense: 29508.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 8
  • Annual Gross Income: 129746.00
  • Property Net Operating Income: 95869.00

MLS Schools

  • Elementary School: Franklin

Range of Values:

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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 Change Sq Ft Price
06/23/2022 06/23/22 Sold $1,350,000 0.0% $232 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,350,000 -- $232 / 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: 202202715

Bakersfield Association of REALTORS® / GEMLS