NOT LISTED FOR SALE
-- Bed
-- Bath
3,822 Sq Ft
8,712 Sq Ft

Last Sold March 27, 2018

Last sale price $275,250 $72 Per Sq Ft

25 Days on Market

About This Home

As of March 2018

This conveniently located, five-unit apartment is a perfect entry-level investment property for a new investor. All units are 2-bedroom, 1-bathroom floorplans with designated parking for occupants. Long-term tenants, rent upside and on-site laundry are just a few of the many attractive amenities. Located near the intersection of 31st and Q streets, the neighborhood is within walking distance of schools, shopping and Memorial Hospital. The GET Bus Stop #43 is only steps away from the property. Savvy investors will easily recognize the huge potential of this investment. Don't miss out--send your offer to Marc A. Thurston Apartment Real Estate today!

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/02/2018

Last Buyer's Agent

Michael Freedman

American Real Estate License #01212171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,098 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,822 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00208103

Community Details

Overview

  • 5 Units
  • Homaker Park Subdivision

Building Details

  • Gross Income $31,868
  • Net Operating Income $18,358

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

9,098 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3822.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 9098.00
  • Parcel #: 00208103

Multi Family

  • Total Annual Expense: 13510.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 5
  • Annual Gross Income: 31868.00
  • Property Net Operating Income: 18358.00
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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
03/27/2018 03/27/18 Sold $275,250 -3.4% $72 / Sq Ft
03/02/2018 03/02/18 For Sale $285,000 -- $75 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $5,234 $313,468 $34,133 $279,335
2024 $5,234 $307,322 $33,464 $273,858
2023 $5,105 $301,297 $32,808 $268,489
2022 $4,974 $295,390 $32,165 $263,225
2021 $4,698 $289,599 $31,535 $258,064
2020 $4,603 $286,630 $31,212 $255,418
2019 $4,533 $286,630 $31,212 $255,418
2018 $3,198 $171,481 $33,097 $138,384
2017 $3,192 $168,120 $32,449 $135,671
2016 $2,983 $164,824 $31,813 $133,011
2015 $2,962 $162,350 $31,336 $131,014
2014 $2,881 $159,171 $30,723 $128,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21802641

Bakersfield Association of REALTORS® / GEMLS
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