NOT LISTED FOR SALE
-- Bed
-- Bath
4,180 Sq Ft
16,117 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $250,000 $60 Per Sq Ft

96 Days on Market

About This Home

As of June 2021

We are excited to present for sale this value-add apartment featuring six (6), one (1) bedroom, one (1) bathroom units. Two (2) units are rented out, the other four need extensive repairs and upgrades done. This is a unique opportunity to capitalize on as there are four (4) units that are vacant, & in an environment where evictions are almost impossible to make happen, upon close of escrow, you will have 4 units available to rehab with ease. This property is to be sold with the contiguous C-1 parcel next to it at a total of $720K.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 02/04/2021

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Griselda Violante

McMahon Real Estate License #02078490

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.37 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 4,180 Sq Ft Home
  • 1-Story Property

Schools

  • Downtown Elementary School
  • Sequoia Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 01112116

Community Details

Overview

  • 6 Units
  • Virginia Bl E Subdivision

Building Details

  • Gross Income $1,000
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.37 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1949
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4180.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: West
  • Middle Or Junior School: Sequoia

Lot Info

  • Lot Size Sq Ft: 16117.00
  • Parcel #: 01112116

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 100.00
  • Number Of Units Total: 6
  • Annual Gross Income: 1000.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Downtown
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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
06/10/2021 06/10/21 Sold $250,000 -7.4% $60 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $270,000 -- $65 / 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 $6,132 $378,849 $86,593 $292,256
2024 $6,132 $371,422 $84,896 $286,526
2023 $5,982 $364,140 $83,232 $280,908
2022 $5,833 $357,000 $81,600 $275,400
2021 $4,223 $242,984 $59,099 $183,885
2020 $4,286 $240,494 $58,494 $182,000
2019 $7,475 $240,494 $58,494 $182,000
2018 $3,981 $231,158 $56,224 $174,934
2017 $3,972 $226,626 $55,122 $171,504
2016 $3,690 $222,184 $54,042 $168,142
2015 $3,228 $180,000 $40,000 $140,000
2014 $3,180 $180,000 $40,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202101273

Bakersfield Association of REALTORS® / GEMLS
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