NOT LISTED FOR SALE
-- Bed
-- Bath
5,616 Sq Ft
0.44 Acres

Last Sold October 18, 2023

Last sale price $740,000 $132 Per Sq Ft

8 Days on Market

About This Home

As of October 2023

Well maintained in desirable Hillcrest area of East Bakersfield. This 6 unit complex is located close to schools and shopping. Very well maintained. Current rents below market. Each unit is a 2 bedroom 1 bath, AC units, living room , Kitchen with dining area, plus stove, oven, double sinks, dishwasher, refrigerator. Complex features 3 buildings with 2 units each, 7 uncovered parking spaces, plus street parking. Each unit has storage closet, plus one additional closet for management. There is onsite laundry which produces additional revenue. Block wall, nice location on CDS street. Please do not Disturb Tenants. Submit all offers Subject to interior inspection.

Last Agent to Sell the Property

Sheri Anthes

Coldwell Banker Preferred,RLT License #01387921 Listed on: 09/13/2023

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Adrian Diniz

City Real Estate Group & P.M. License #01761203

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.44 Acre Lot

Interior Spaces

  • 5,616 Sq Ft Home
  • 1-Story Property

Parking

  • 7 Car Parking Spaces
  • Uncovered Parking

Schools

  • Harding Elementary School
  • Compton Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 13017101

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $75,600
  • Net Operating Income $33,374

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1966
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5616.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 7.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Compton

Lot Info

  • Lot Size Sq Ft: 19166.00
  • Parcel #: 13017101

Multi Family

  • Total Annual Expense: 31106.00
  • Vacancy Factor: 1.20
  • Number Of Units Total: 6
  • Annual Gross Income: 75600.00
  • Property Net Operating Income: 33374.00

MLS Schools

  • Elementary School: Harding, Ruth
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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
10/18/2023 10/18/23 Sold $740,000 -1.3% $132 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $750,000 -- $134 / 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 $14,030 $754,800 $117,300 $637,500
2024 $14,030 $740,000 $115,000 $625,000
2023 $7,988 $247,389 $35,316 $212,073
2022 $7,520 $242,539 $34,624 $207,915
2021 $7,039 $237,785 $33,946 $203,839
2020 $6,839 $235,347 $33,598 $201,749
2019 $6,570 $235,347 $33,598 $201,749
2018 $7,360 $226,211 $32,295 $193,916
2017 $7,095 $221,776 $31,662 $190,114
2016 $3,835 $217,429 $31,042 $186,387
2015 $3,828 $214,164 $30,576 $183,588
2014 $3,719 $209,970 $29,978 $179,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202309753

Bakersfield Association of REALTORS® / GEMLS