NOT LISTED FOR SALE

3031 Alloway Ln Bakersfield, CA 93307

Oakridge Neighborhood
-- Bed
-- Bath
3,240 Sq Ft
0.45 Acres

Last Sold January 19, 2022

Last sale price $388,000 $120 Per Sq Ft

4 Days on Market

About This Home

As of January 2022

Come take a look at this great investment opportunity. This fourplex is split into 2 single story duplexes. Property is investor ready with all units being separately metered and each having their own central ac unit. All units are two bedrooms and one bath. Good location next to freeway and it is situated a nice half acre lot. House needs rehab and rents are low for todays rental market, so it is a great opportunity to fix up and rent at market value to increase cash flow. Property sold as is. Cash only.

Last Agent to Sell the Property

Michael Still

Watson Realty License #01922761 Listed on: 12/16/2021

Last Buyer's Agent

Michael Still

Watson Realty License #01922761 Listed on: 12/16/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.45 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 14222515

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $30,300
  • Net Operating Income $27,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3240.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 19602.00
  • Parcel #: 14222515

Multi Family

  • Total Annual Expense: 3000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30300.00
  • Property Net Operating Income: 27300.00

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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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
01/19/2022 01/19/22 Sold $388,000 -3.0% $120 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $399,999 -- $123 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Still

    Seller's Agent in 2022

    Michael Still

    Watson Realty

    (661) 865-8555

    1 in this area

    134 Total Sales

    Michael Still
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202113158

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93307 Oakridge

3031 Alloway Ln, 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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