NOT LISTED FOR SALE

2905 Mount Pinos Way Unit 1-4 Lebec, CA 93243

4 Beds
2 Baths
2,842 Sq Ft
0.3 Acres

Last Sold March 03, 2022

Last sale price $390,000 $137 Per Sq Ft

Highlights

  • No Units Above
  • 0.3 Acre Lot
  • No HOA
  • View of Trees or Woods
  • Near a National Forest
  • Hiking Trails

About This Home

As of March 2022

Attention Investors!! Here is a rare opportunity to own your own investment property. 4 units, 2 bed - 1 bath. Long time renters. Two buildings with 2-Units each. One 1-Car garage on property. Currently used for storage but could be rented out if desired. The 4 units sit on one lot, APN 255-334-06-00-0 and the one car detached garage on APN 255-334-07-00-3. Units 1 and 3 floorplan mirror each other and units 2 and 4 floorplan mirror each other. Great views of the mountains and paved roads to the apartments. Dirt driveway is mostly leveled for easy parking. (Vacant Lot in original sale is no longer included, price lowered to reflect it).

Last Agent to Sell the Property

Nancy Russon

Real Broker License #01464352 Listed on: 06/14/2021

Last Buyer's Agent

Nancy Russon

Real Broker License #01464352 Listed on: 06/14/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.3 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 2-5 Units/Acre
  • 25533407003

Parking

  • 8 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Gravel Driveway

Property Views

  • Woods
  • Mountain
  • Hills

Home Design

  • Quadruplex

Interior Spaces

  • 2,842 Sq Ft Home
  • 1-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Private Water Source
  • Shared Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 46
  • Tax Tract Number 1390
  • Assessor Parcel Number 25533406000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Near a National Forest

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $300
  • Trash Expense $90
  • Water Sewer Expense $150
  • Operating Expense $540
  • Gross Income $24,720
  • Net Operating Income $24,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 150.00
  • Zoning: R-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 25533406000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 137.23
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills, Mountain(s), Trees/Woods
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Shared Septic
  • Trash Expense: 90.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Blm/National Forest, Hiking

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 25533407003
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 13025.00
  • Lot Size Acres: 0.2990
  • Latitude Manual: 34.81992600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average Studio Area: 710 Square Feet
  • Gross Income: 24720.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 300.00
  • Lot Size Area: 13025.0000 Square Feet
  • Net Operating Income: 24720.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 2880.00
  • Rent Control: No
  • Total Expenses: 540.00

Tax Info

  • Tax Census Tract: 60.07
  • Tax Lot: 46
  • Tax Tract Number: 1390

Range of Values:

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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
03/03/2022 03/03/22 Sold $390,000 -13.3% $137 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $450,000 +15.4% $158 / Sq Ft
07/07/2021 07/07/21 Off Market $390,000 -- --
07/07/2021 07/07/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $450,000 -10.0% $158 / Sq Ft
06/14/2021 06/14/21 For Sale $500,000 -- $176 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nancy Russon

    Seller's Agent in 2022

    Nancy Russon

    Real Broker

    (661) 310-8938

    23 in this area

    60 Total Sales

    Nancy Russon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21128674

California Regional Multiple Listing Service (CRMLS)
California Kern County Lebec 93225

2905 Mount Pinos Way Unit 1-4, Lebec, CA

This home is located at 2905 Mount Pinos Way Unit 1-4, Lebec, CA 93243 since 14 June 2021. This property was built in 1963. 2905 Mount Pinos Way Unit 1-4 is a home located in Kern County with nearby schools including Frazier Park Elementary School, El Tejon Elementary School, and Frazier Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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