NOT LISTED FOR SALE
-- Bed
-- Bath
1,699 Sq Ft
6,534 Sq Ft Lot

Last Sold September 26, 2023

Last sale price $405,000 $238 Per Sq Ft

About This Home

As of September 2023

Attention Investors! Location. Location. Location. Units create a cash flow stream of income. This Fully Rented Triplex is close to schools, work, shopping, dining, public transportation, & local hospitals. Great investment opportunity in Bakersfield's thriving Real Estate Market. Centrally located with great tenants this house with duplex is in up trending popular downtown area. Per appraisal, property offers 1856sqft of living space. Front house is 1136sqft 2 bed 1 1/2 bath w/newer roof and air conditioner. It offers formal dining, indoor laundry & a private yard. This tenant is paying $1200 per month. Each unit in duplex is 360sqft.Downstairs tenant pays $750 and top $850.Every unit inside have been nicely maintained. Sewer system to the front of the property was replaced in 2019.Owner would like to sell the lot next door APN 002-150-22 concurrently. Lot is currently being used for tenant parking. Vacant lot sqft 3,484; over 10,000sqft combined. Don't wait, Bring us an offer!

Last Agent to Sell the Property

Kathy Kotsiomitis

Kathy Kotsiomitis Realty License #934258 Listed on: 07/12/2023

Last Buyer's Agent

Kathy Kotsiomitis

Kathy Kotsiomitis Realty License #934258 Listed on: 07/12/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1,699 Sq Ft Home
  • 2-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 00215023

Community Details

Overview

  • 3 Units
  • The Hudnut Tract Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $23,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1907
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1699.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Parcel #: 00215023

Multi Family

  • Total Annual Expense: 10080.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Annual Gross Income: 33600.00
  • Property Net Operating Income: 23520.00

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
09/26/2023 09/26/23 Sold $405,000 +2.5% $238 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $395,000 +94.6% $232 / Sq Ft
12/15/2017 12/15/17 Sold $203,000 +1.6% $119 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $199,774 -- $118 / 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: 202305830

Bakersfield Association of REALTORS® / GEMLS