NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold January 29, 2016

Last sale price $275,000

89 Days on Market

About This Home

As of January 2016

Great investment opportunity with instant cash flow! All units are detached, six of them are 1x1's and one is a 2x1. Long term tenants that pay rent on time! Professionally managed by Real Property Management Bakersfield. This one won't last!

Last Agent to Sell the Property

Rylan Rozell

Lockhart Real Estate Advisors License #01807966 Listed on: 10/02/2015

Last Buyer's Agent

Joseph Leon

Americana Real Estate & Invest License #447658

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.43

Additional Features

  • 1-Story Property
  • 0.43 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01616018

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $40,500
  • Net Operating Income $21,963

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 18777.00
  • Parcel #: 01616018

Multi Family

  • Total Annual Expense: 18537.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 7
  • Annual Gross Income: 40500.00
  • Property Net Operating Income: 21963.00
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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
01/29/2016 01/29/16 Sold $275,000 -15.4% --
12/30/2015 12/30/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $325,000 -- --
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 $6,019 $325,535 $66,288 $259,247
2024 $6,019 $319,153 $64,989 $254,164
2023 $5,861 $312,896 $63,715 $249,181
2022 $5,695 $306,762 $62,466 $244,296
2021 $5,322 $300,748 $61,242 $239,506
2020 $5,191 $297,666 $60,615 $237,051
2019 $5,118 $297,666 $60,615 $237,051
2018 $5,029 $286,109 $58,262 $227,847
2017 $5,018 $280,500 $57,120 $223,380
2016 $4,114 $225,325 $77,694 $147,631
2015 $3,553 $175,000 $50,000 $125,000
2014 $3,498 $175,000 $50,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21511903

Bakersfield Association of REALTORS® / GEMLS
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