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

Last Sold July 23, 2014

Last sale price $1,059,000

98 Days on Market

About This Home

As of July 2014

Remarkable 2005 built gated 13 unit complex consisting of 1 four plex and 3 triplex buildings. All units have their own 2 car finished garage. There are eight 3 bed, 2.5 bath units, and five 2 bed, 2.5 bath units; totaling approximately 15,556 Sq.Ft.. Excellent potential rental income at current rents of $130,920. There is room to possibly build an additional 22 units. This is a great complex for your portfolio.

Last Agent to Sell the Property

Jeffrey Walker

Unknown Broker License #01727032 Listed on: 03/17/2014

Last Buyer's Agent

Jeffrey Walker

Unknown Broker License #01727032 Listed on: 03/17/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 2.18

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 2-Story Property
  • 2.18 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01008025

Community Details

Overview

  • 13 Units

Building Details

  • Gross Income $121,380
  • Net Operating Income $72,220

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 94744.00
  • Parcel #: 01008025

Multi Family

  • Total Annual Expense: 49160.00
  • Vacancy Factor: 8.00
  • Number Of Units Total: 13
  • Annual Gross Income: 121380.00
  • Property Net Operating Income: 72220.00

MLS Schools

  • Elementary School: McKinley
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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
07/23/2014 07/23/14 Sold $1,059,000 -9.1% --
06/23/2014 06/23/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $1,165,000 -- --
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 $19,963 $1,272,750 $228,347 $1,044,403
2024 $19,963 $1,247,795 $223,870 $1,023,925
2023 $19,495 $1,223,330 $219,481 $1,003,849
2022 $19,047 $1,199,344 $215,178 $984,166
2021 $17,345 $1,175,828 $210,959 $964,869
2020 $18,349 $1,163,772 $208,796 $954,976
2019 $17,983 $1,163,772 $208,796 $954,976
2018 $17,603 $1,118,583 $200,689 $917,894
2017 $17,566 $1,096,651 $196,754 $899,897
2016 $16,172 $1,075,149 $192,897 $882,252
2015 $16,087 $1,059,000 $190,000 $869,000
2014 $14,980 $980,000 $120,000 $860,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21402808

Bakersfield Association of REALTORS® / GEMLS