NOT LISTED FOR SALE

Estimated Value: $390,000 - $410,000

4 Beds
4 Baths
1,147 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $330,000 $288 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,624/month

56 Days on Market

Highlights

  • 12,632 Sq Ft lot
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of June 2022

We are proud to present to you this four (4) unit multi-family property located in the fastest growing real estate markets in California. Comprised of four (4) studios, the offering is situated on a 12,632 sq. ft. lot and has a gross rentable square footage of 1,147 sq. ft. This property is fully occupied and is currently generating $30,336 in annual income with no issues of non-payment or back-due rent. In a market with vital need of cash-flowing inventory, this asset is a great place to park your money and also has flexibility to add onto the lot.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 03/14/2022

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Gloria Ortiz

Liberty One Real Estate Group License #01197136

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.29

Parking

  • Uncovered Parking

Interior Spaces

  • 1,147 Sq Ft Home
  • 1-Story Property

Schools

  • Fremont Bak Elementary School
  • Compton Middle School
  • Mira Monte High School

Additional Features

  • 0.29 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01836035

Community Details

Overview

  • 4 Units
  • Mayflower Addition Subdivision

Building Details

  • Gross Income $30,336
  • Net Operating Income $22,725

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1948
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1147.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Compton

Lot Info

  • Lot Size Sq Ft: 12632.00
  • Parcel #: 01836035

Multi Family

  • Total Annual Expense: 7611.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30336.00
  • Property Net Operating Income: 22725.00

MLS Schools

  • Elementary School: Fremont_Bak

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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Average Value
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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 Prior Sale
06/08/2022 06/08/22 Sold $330,000 -8.3% $288 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $359,999 +321.1% $314 / Sq Ft
06/18/2014 06/18/14 Sold $85,500 -9.9% $75 / Sq Ft View Prior Sale
05/19/2014 05/19/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $94,900 +65.0% $83 / Sq Ft
10/01/2013 10/01/13 Sold $57,500 +15.1% $50 / Sq Ft View Prior Sale
09/01/2013 09/01/13 Pending -- -- --
08/18/2013 08/18/13 For Sale $49,950 -- $44 / 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 $6,511 $350,197 $106,120 $244,077
2024 $6,511 $343,332 $104,040 $239,292
2023 $6,355 $336,600 $102,000 $234,600
2022 $3,434 $99,336 $40,427 $58,909
2021 $3,076 $97,389 $39,635 $57,754
2020 $3,076 $96,391 $39,229 $57,162
2019 $2,891 $96,391 $39,229 $57,162
2018 $2,839 $92,650 $37,706 $54,944
2017 $2,809 $90,834 $36,967 $53,867
2016 $2,682 $89,054 $36,243 $52,811
2015 $2,645 $87,717 $35,699 $52,018
2014 $2,247 $57,500 $20,000 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202202548

Bakersfield Association of REALTORS® / GEMLS

APN: 018-360-35-00-6