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

Sale Details

Date 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 13,068 Sq Ft 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

0.3 Acres

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

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
Mar 17, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Terri Collins
Watson Realty
Buyer's Agent
Caleb Fisk
ASU Commercial
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$671,831
Interest Rate
4.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riviera/Westchester, CA

See All Agents

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
$1,350,000 Ticor Title
$525,000 Fidelity National Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $850,000
Previous Owner $375,000
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
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

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
2026 $19,345 $1,461,282 $92,006 $1,369,276
2025 $19,115 $1,432,630 $90,202 $1,342,428
2024 $19,115 $1,404,540 $88,434 $1,316,106
2023 $18,724 $1,377,000 $86,700 $1,290,300
2022 $8,044 $480,000 $72,000 $408,000
2021 $7,714 $480,000 $72,000 $408,000
2020 $7,714 $480,000 $72,000 $408,000
2019 $7,618 $480,000 $72,000 $408,000
2018 $7,584 $480,000 $72,000 $408,000
2017 $7,680 $480,000 $72,000 $408,000
2016 $7,189 $480,000 $72,000 $408,000
2015 $6,327 $400,000 $40,000 $360,000
2014 $6,233 $400,000 $40,000 $360,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202202715

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.