NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
2.18 Acre Lot

Sale Details

Date 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

2.18 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2026
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2015
Sold by
Bought by

Purchase Details

Listed on
Mar 17, 2014
Closed on
Jun 9, 2014
Sold by
Bought by
Seller's Agent
Jeffrey Walker
Unknown Broker
Buyer's Agent
Jeffrey Walker
Unknown Broker
List Price
$1,165,000
Sold Price
$1,059,000
Premium/Discount to List
-$106,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
0.0416%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2009
Sold by
Bought by

Purchase Details

Closed on
May 2, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$1,059,000 Chicago Title Company
$789,000 None Available
$938,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $470,274
Previous Owner $540,000
Previous Owner $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,264 $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
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