NOT LISTED FOR SALE

303 El Tejon Ave Bakersfield, CA 93308

Estimated Value: $327,000 - $431,000

5 Beds
2 Baths
1,848 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $395,000 $214 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,536/month

9 Days on Market

About This Home

As of April 2023

Check out this high cash flow, beautifully remodeled investment property! Almost all windows have been replaced: modern dual-pane windows throughout all units.The front house (currently vacant) boasts 3 bedrooms and 2 bathrooms with a generous front AND backyard! The 2 units in back are newly built with top of the line finishes including exterior recently colorcoated, new flooring, completely new bathrooms and kitchens, NEW AC, tankless hot water heaters - everything! The rear units have their own separate gated access from alley with high-end wrought iron gates.Tenants pay the water bill!

Last Agent to Sell the Property

Caleb Fisk

ASU Commercial License #02156326 Listed on: 04/01/2023

Last Buyer's Agent

Isidro Gonzalez

Miramar Realty License #02069529

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,969 Sq Ft Lot

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • Uncovered Parking

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11312310

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $3,590
  • Net Operating Income $29,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1938
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1848.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat,Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 6969.00
  • Parcel #: 11312310

Multi Family

  • Total Annual Expense: 13120.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 3
  • Annual Gross Income: 3590.00
  • Property Net Operating Income: 29960.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Apr 10, 2023
Sold by
Gonzalez Saul D and Gonzalez Erlinda
Bought by
Perez Miguel
Seller's Agent
Caleb Fisk
ASU Commercial
Buyer's Agent
Isidro Gonzalez
Miramar Realty
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
108
Current Estimated Value
$378,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,845
Avg. Annual Appreciation
-1.58%

Purchase Details

Closed on
Apr 4, 2007
Sold by
Hughey Kenneth L
Bought by
Wells Fargo Bank Na and Securitized Asset Back Receivables Llc T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Perez Miguel $395,000 Ticor Title Company
Wells Fargo Bank Na $244,199 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $395,000 -1.0% $214 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $399,000 -- $216 / 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 $6,709 $277,000 $55,000 $222,000
2024 $3,621 $402,900 $56,100 $346,800
2023 $3,621 $155,000 $35,000 $120,000
2022 $3,454 $155,000 $35,000 $120,000
2021 $3,316 $155,000 $35,000 $120,000
2020 $3,125 $150,000 $30,000 $120,000
2019 $2,999 $140,000 $30,000 $110,000
2018 $2,921 $140,000 $30,000 $110,000
2017 $2,864 $135,000 $25,000 $110,000
2016 $2,697 $135,000 $30,000 $105,000
2015 $2,514 $120,000 $30,000 $90,000
2014 $2,038 $80,000 $15,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202302604

Bakersfield Association of REALTORS® / GEMLS

APN: 113-123-10-00-8