NOT LISTED FOR SALE

2815 S H St Bakersfield, CA 93304

Wible Orchard Neighborhood
-- Bed
-- Bath
16,722 Sq Ft
0.56 Acres

Last Sold February 03, 2021

Last sale price $1,780,000 $106 Per Sq Ft

49 Days on Market

About This Home

As of February 2021

We are honored to have been chosen to exclusively represent for sale this twenty (20) unit apartment building located at 2815 S H ST. Bakersfield CA 93304. This building is comprised of an attractive unit mix of twenty (20) two (2) bedroom, one (1) bathroom units, and has a gross rentable square footage of 16,722sq.ft.. The offering has some room for rent increase, allowing a savvy investor to come in and capitalize on upside in a hot rental market. Bakersfield has been known to be a safe-haven for investors to place their funds because of its affordability as well as great cash-flow.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 11/16/2020

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.56 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 16,722 Sq Ft Home
  • 2-Story Property

Schools

  • Planz Elementary School
  • Greenfield Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 02316210

Community Details

Overview

  • 20 Units

Building Details

  • Gross Income $181,860
  • Net Operating Income $111,964

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1967
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 16722.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: South
  • Middle Or Junior School: Greenfield

Lot Info

  • Lot Size Sq Ft: 24402.00
  • Parcel #: 02316210

Multi Family

  • Total Annual Expense: 64441.00
  • Vacancy Factor: 5456.00
  • Number Of Units Total: 20
  • Annual Gross Income: 181860.00
  • Property Net Operating Income: 111964.00

MLS Schools

  • Elementary School: Planz

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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 List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Sold $1,780,000 -3.8% $106 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $1,850,000 +100.0% $111 / Sq Ft
02/06/2015 02/06/15 Sold $925,000 -2.6% $55 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $950,000 -- $57 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $29,201 $1,926,727 $184,013 $1,742,714
2024 $29,201 $1,888,949 $180,405 $1,708,544
2023 $28,540 $1,851,912 $176,868 $1,675,044
2022 $28,255 $1,815,600 $173,400 $1,642,200
2021 $17,600 $1,027,044 $122,133 $904,911
2020 $17,054 $1,016,514 $120,881 $895,633
2019 $16,863 $1,016,514 $120,881 $895,633
2018 $16,232 $977,043 $116,188 $860,855
2017 $16,144 $957,886 $113,910 $843,976
2016 $15,273 $939,105 $111,677 $827,428
2015 $12,601 $710,000 $70,000 $640,000
2014 $12,593 $710,000 $70,000 $640,000
Source: Public Records

Agents Affiliated with this Home

  • Esteban Contreras

    Seller's Agent in 2021

    Esteban Contreras

    Watson Realty

    (661) 617-0074

    2 in this area

    148 Total Sales

    Esteban Contreras
    Section Image
  • Eric Van Denk

    Seller Co-Listing Agent in 2021

    Eric Van Denk

    Central Valley Property Adviso

    (419) 206-7117

    2 in this area

    258 Total Sales

    Eric Van Denk
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

  • S

    Seller's Agent in 2015

    Scott Reynolds

    Unknown Broker

  • J

    Seller Co-Listing Agent in 2015

    Jeffrey Andrew

    Unknown Broker

  • D

    Buyer's Agent in 2015

    Dinorah Cordova

    Unknown Broker

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202012047

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93304 Wible Orchard

2815 S H St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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