NOT LISTED FOR SALE
-- Bed
-- Bath
7,270 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: June 11, 2024

Last sale price $832,500 $115 Per Sq Ft

7 Days on Market

About This Home

As of June 2024

***Seller Financing Available*** This is your opportunity to purchase 13 units in Bakersfield. The property is centrally located near the downtown area and Northern Bakersfield. The units are mix use and include a mix of 1 bedroom, 1 bath and studios. The units are located near area shopping centers, downtown area, local parks.

Last Agent to Sell the Property

Michael Freedman

American Real Estate License #01212171 Listed on: 04/25/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 20,908 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 7,270 Sq Ft Home
  • 1-Story Property

Schools

  • Hills Elementary School
  • Emerson Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 12014027

Community Details

Overview

  • 13 Units
  • The Palo Verde Tract Subdivision

Building Details

  • Gross Income $141,180
  • Net Operating Income $122,658

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.48 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1957
  • Building Stories: 1
  • Deposit Amount Required: 25000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.4800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 7270.00

Exterior Features

  • Roof: Composition
  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 20908.00
  • Parcel #: 12014027

Multi Family

  • Total Annual Expense: 18521.51
  • Vacancy Factor: 0.01
  • Number Of Units Total: 13
  • Existing Lease Type: Net
  • Annual Gross Income: 141180.00
  • Property Net Operating Income: 122658.40

MLS Schools

  • Elementary School: Hills, Stella
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
06/11/2024 06/11/24 Sold $832,500 -15.1% $115 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $980,000 +28.9% $135 / Sq Ft
09/01/2020 09/01/20 Sold $760,000 -12.0% $105 / Sq Ft View Prior Sale
08/02/2020 08/02/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $864,000 -- $119 / Sq Ft
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 $14,267 $849,150 $213,180 $635,970
2024 $14,267 $754,739 $66,855 $687,884
2023 $13,895 $739,942 $65,545 $674,397
2022 $16,804 $775,200 $64,260 $710,940
2021 $13,269 $760,000 $63,000 $697,000
2020 $10,950 $583,663 $58,366 $525,297
2019 $10,808 $583,663 $58,366 $525,297
2018 $10,633 $561,000 $56,100 $504,900
2017 $9,229 $436,766 $51,159 $385,607
2016 $8,687 $428,203 $50,156 $378,047
2015 $8,613 $421,772 $49,403 $372,369
2014 $8,386 $413,511 $48,436 $365,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404016

Bakersfield Association of REALTORS® / GEMLS
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