NOT LISTED FOR SALE
1 Bed
-- Bath
10,079 Sq Ft
0.41 Acres

Last Sold May 26, 2023

Last sale price $1,325,000 $131 Per Sq Ft

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of May 2023

Welcome to 4201 Parkwood, a fantastic investment opportunity in the thriving city of Bakersfield. This well-maintained apartment complex offers a total of 11 units, providing a lucrative income potential for savvy investors.
Conveniently located in a desirable neighborhood, this apartment complex is surrounded by amenities and attractions, making it highly attractive to potential tenants. Residents will enjoy easy access to schools, parks, shopping centers, and major transportation routes, ensuring a desirable and convenient lifestyle.
Each unit within the complex is thoughtfully designed to maximize comfort and functionality. The apartments feature a range of floor plans, including one-bedroom and two-bedroom layouts, catering to various tenant preferences and needs. The interiors are tastefully appointed, showcasing modern finishes, ample natural light, and a welcoming ambiance.
With a history of high occupancy rates and strong rental demand, 4201 Parkwood presents a remarkable investment opportunity. Whether you are an experienced investor or looking to enter the lucrative rental market, this apartment complex is sure to deliver a promising return on investment.
Don't miss out on this chance to add 4201 Parkwood to your portfolio.

Last Agent to Sell the Property

Joshua Glaz

The Ave License #01856858 Listed on: 05/17/2023

Last Buyer's Agent

Joshua Glaz

The Ave License #01856858 Listed on: 05/17/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 11 Car Garage

Interior Spaces

  • 1 Bedroom
  • 10,079 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 3813
  • Assessor Parcel Number 16429116004
  • $3,393 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

11

Listing Details

  • Price Per Unit: 127273
  • Property Attached: No
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 16429116004
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 131.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18023.00
  • Lot Size Acres: 0.4138

Multi Family

  • Lot Size Area: 18023.0000 Square Feet
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Rent Control: No

Tax Info

  • Tax Census Tract: 28.13
  • Tax Lot: 18
  • Tax Tract Number: 3813
  • TaxOtherAnnualAssessmentAmount: 3393.00

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
05/26/2023 05/26/23 Sold $1,325,000 -5.4% $131 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,400,000 +61.8% $139 / Sq Ft
06/13/2019 06/13/19 Sold $865,000 +1.9% $86 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $849,000 -- $84 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23085808

California Regional Multiple Listing Service (CRMLS)