NOT LISTED FOR SALE
5 Beds
3 Baths
3,775 Sq Ft
0.52 Acres

Last Sold May 29, 2020

Last sale price $415,000 $110 Per Sq Ft

63 Days on Market

Highlights

  • 0.52 Acre Lot
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2020

Fantastic opportunity to own a 4 unit income property located in Bakersfield. 3 br, 2 ba single family home in front accompanied by 3-2r, 1ba units in the back. All units come with AC, diswasher, laundry hook ups. All rear units have parking spaces and a small fenced yard for each.

Last Agent to Sell the Property

ANDRE HOOKS

H & L Legacy Corp. License #01189872 Listed on: 12/10/2019

H & L Legacy Corp.

Last Buyer's Agent

JOSEPH LOPEZ

JOSEPH LOPEZ, BROKER License #01199650

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.52 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Apartment
  • Raised Foundation

Interior Spaces

  • 3,775 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot P111
  • Tax Tract Number 2
  • Assessor Parcel Number 14218013006

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,782
  • Operating Expense $7,582
  • Gross Income $38,940
  • Net Operating Income $31,358

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1800.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 14218013006
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 109.93

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 22568.00
  • Lot Size Acres: 0.5181

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Gross Income: 38940.00
  • Gross Scheduled Income: 38940.00
  • Lot Size Area: 22568.0000 Square Feet
  • Net Operating Income: 31358.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 7582.00
  • Rent Control: No
  • Total Expenses: 7582.00

Tax Info

  • New Taxes Expense: 5782.00
  • Tax Census Tract: 23.01
  • Tax Lot: P111
  • Tax Tract Number: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
05/29/2020 05/29/20 Sold $415,000 -4.6% $110 / Sq Ft
12/10/2019 12/10/19 For Sale $435,000 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,067 $453,860 $54,681 $399,179
2024 $9,067 $444,961 $53,609 $391,352
2023 $8,769 $436,237 $52,558 $383,679
2022 $8,310 $427,684 $51,528 $376,156
2021 $7,907 $419,299 $50,518 $368,781
2020 $5,969 $275,833 $40,076 $235,757
2019 $5,783 $275,833 $40,076 $235,757
2018 $5,517 $251,844 $26,760 $225,084
2017 $5,408 $244,000 $49,000 $195,000
2016 $4,201 $200,000 $40,000 $160,000
2015 $3,624 $149,000 $22,000 $127,000
2014 $4,077 $191,500 $45,000 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19277979

California Regional Multiple Listing Service (CRMLS)

APN: 142-180-13