NOT LISTED FOR SALE
-- Bed
-- Bath
1,240 Sq Ft
15,245 Sq Ft

Last Sold August 03, 2023

Last sale price $685,000 $552 Per Sq Ft

8 Days on Market

Highlights

  • 15,245 Sq Ft lot
  • 1-Story Property
  • 4-minute walk to Jefferson Park
  • Cesar E. Chavez High School Rated A-

About This Home

As of August 2023

We are excited to announce for sale this seven (7) unit multi-family property located at 412 Main St. Delano Ca. 93215. This property features one (1) two (2) bedroom, one (1) bathroom unit & six (6) one (1) bedroom, one (1) bathroom units, a true value-add deal with upside in rental increases ranging from 40%-50%. The owner has gone out of their way to ensure that the property is well maintained, and is kept up to ensure occupancy.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 06/20/2023

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Anthony Lara

San Joaquin Realty License #01725567

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.35 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property

Schools

  • Del Vista Elementary School
  • Cecil Avenue Middle School
  • Cesar Chavez High School

Listing and Financial Details

  • Assessor Parcel Number 03721119

Community Details

Overview

  • 7 Units
  • Southern Addition Subdivision

Building Details

  • Gross Income $57,600
  • Net Operating Income $34,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0.35 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1240.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: Cesar Chavez
  • Middle Or Junior School: Cecil Avenue

Lot Info

  • Lot Size Sq Ft: 15245.00
  • Parcel #: 03721119

Multi Family

  • Total Annual Expense: 23040.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 7
  • Annual Gross Income: 57600.00
  • Property Net Operating Income: 34560.00

MLS Schools

  • Elementary School: Del Vista
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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
08/03/2023 08/03/23 Sold $685,000 0.0% $552 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $685,000 -- $552 / 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 $9,482 $775,200 $153,000 $622,200
2024 $9,482 $760,000 $150,000 $610,000
2023 $3,983 $273,274 $53,169 $220,105
2022 $3,887 $267,917 $52,127 $215,790
2021 $3,549 $262,664 $51,105 $211,559
2020 $3,463 $259,971 $50,581 $209,390
2019 $3,408 $259,971 $50,581 $209,390
2018 $3,368 $249,878 $48,618 $201,260
2017 $3,389 $244,979 $47,665 $197,314
2016 $3,339 $240,177 $46,731 $193,446
2015 $3,441 $236,571 $46,030 $190,541
2014 $3,232 $231,938 $45,129 $186,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202305103

Bakersfield Association of REALTORS® / GEMLS
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