NOT LISTED FOR SALE
45 Beds
22 Baths
20,215 Sq Ft
1 Acres Lot

Sale Details

Date Sold: January 27, 2021

Last sale price $2,050,000 $101 Per Sq Ft

287 Days on Market

About This Home

As of January 2021

The property is at 2701 S Real Rd. a multi-family home in Bakersfield, CA 93309. It is surrounded by well-
kept single family and multi-housing communities. This 20 unit, 20,215-square foot multi-family home sits on a 1 acre lot. This property was built in 1983. Unit mixes are: 5-three (3) bedrooms 1.5 bath, and 15-two (2) bedrooms and 1 bath. Every unit has washer and dryer hookups. All units are Town House style. All units are separately metered for gas and electric. There are three separate buildings with lots of open spaces with greeneries. There is an on-site laundry facility and storage room for repair-maintenance equipment and supplies. Tenants parking is on site and there are approximately 44 regular and 2 handicap spaces.

Last Agent to Sell the Property

Abu Majumder

Abu Majumder, Broker License #01275191 Listed on: 10/09/2019

Abu Majumder, Broker

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • 20,215 Sq Ft Home

Bedrooms and Bathrooms

  • 45 Bedrooms
  • 22 Bathrooms

Additional Features

  • Laundry Room
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 4411902100

Community Details

Overview

  • 3 Buildings
  • 20 Units

Amenities

  • Laundry Facilities

Building Details

  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • Electric Expense $2,131
  • Fuel Expense $305
  • Insurance Expense $6,084
  • Professional Management Expense $23,925
  • Trash Expense $4,688
  • Water Sewer Expense $9,405
  • New Taxes Expense $1
  • Operating Expense $86,738
  • Gross Income $219,660
  • Net Operating Income $126,397

Property Details

Home Type

Apartment

Year Built

Built in 1983

Lot Details

1 Acres

Listing Details

  • Professional Management Expense: 23925.00
  • Property Attached: No
  • Water Sewer Expenses: 9405.00
  • Property Type: Residential Income
  • Parcel Number: 4411902100
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 101.41

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: None
  • Trash Expense: 4688.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Electric Expense: 2131.00
  • Fuel Expense: 305.00
  • Gross Income: 219660.00
  • Gross Scheduled Income: 219660.00
  • Insurance Expense: 6084.00
  • Lot Size Area: 43560.0000 Square Feet
  • Net Operating Income: 126397.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Units Total: 20
  • Operating Expense: 86738.00
  • Rent Control: No
  • Total Expenses: 86738.00

Tax Info

  • New Taxes Expense: 1.20
  • Tax Lot: 21
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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
02/18/2021 02/18/21 Off Market $2,050,000 -- --
01/27/2021 01/27/21 Sold $2,050,000 -2.4% $101 / Sq Ft
10/09/2019 10/09/19 For Sale $2,100,000 -- $104 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,755 $2,218,985 $324,729 $1,894,256
2024 $32,755 $2,175,476 $318,362 $1,857,114
2023 $32,230 $2,132,820 $312,120 $1,820,700
2022 $30,947 $2,091,000 $306,000 $1,785,000
2021 $28,791 $1,972,850 $278,772 $1,694,078
2020 $28,249 $1,952,622 $275,914 $1,676,708
2019 $27,969 $1,952,622 $275,914 $1,676,708
2018 $26,780 $1,876,800 $265,200 $1,611,600
2017 $26,457 $1,840,000 $260,000 $1,580,000
2016 $18,241 $1,220,000 $183,000 $1,037,000
2015 $15,012 $930,000 $100,000 $830,000
2014 $14,897 $930,000 $100,000 $830,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19239098

California Regional Multiple Listing Service (CRMLS)
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