NOT LISTED FOR SALE

400 Locust St Bakersfield, CA 93308

-- Bed
-- Bath
10,220 Sq Ft
0.87 Acres

Last Sold December 09, 2022

Last sale price $1,449,166 $142 Per Sq Ft

8 Days on Market

About This Home

As of December 2022

part of 3 parcel portfolio sale.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 11/01/2022

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Esteban Contreras

Watson Realty License #01975384 Listed on: 11/01/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.87

Parking

  • Uncovered Parking

Interior Spaces

  • 10,220 Sq Ft Home
  • 1-Story Property

Schools

  • Beardsley Middle School
  • North High School

Additional Features

  • 0.87 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 11410013

Community Details

Overview

  • 13 Units
  • Citrus Terrace Villa Tract Subdivision

Building Details

  • Gross Income $340,000
  • Net Operating Income $204,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 10220.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Lot Size Sq Ft: 37897.00
  • Parcel #: 11410013

Multi Family

  • Total Annual Expense: 136000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 13
  • Annual Gross Income: 340000.00
  • Property Net Operating Income: 204000.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $1,449,166 0.0% $142 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,449,166 -- $142 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

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 $26,262 $1,331,100 $197,676 $1,133,424
2024 $26,262 $1,305,000 $193,800 $1,111,200
2023 $25,539 $1,279,412 $190,000 $1,089,412
2022 $19,588 $847,038 $203,717 $643,321
2021 $18,596 $830,430 $199,723 $630,707
2020 $17,818 $821,916 $197,676 $624,240
2019 $17,650 $821,916 $197,676 $624,240
2018 $18,701 $754,800 $193,800 $561,000
2017 $18,014 $740,000 $190,000 $550,000
2016 $6,903 $264,749 $92,914 $171,835
2015 $6,741 $260,773 $91,519 $169,254
2014 $6,606 $255,666 $89,727 $165,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202213119

Bakersfield Association of REALTORS® / GEMLS