NOT LISTED FOR SALE

4660 Cortina Dr Lake Isabella, CA 93240

Estimated Value: $291,381 - $434,000

8 Beds
4 Baths
3,020 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 24, 2024

Last sale price $295,000 $98 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,080/month

93 Days on Market

Highlights

  • Central Heating
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of December 2024

We are excited to offer for sale this well-maintained 4-unit property located at 4660 Cortina Road in Lake Isabella. Each unit boasts a practical 2-bedroom, 1-bathroom layout and includes its own fenced private yard, providing residents with both comfort and privacy. All units are currently occupied by long-term tenants. For additional details or to schedule a viewing, please contact the listing office. Kindly refrain from disturbing the tenants.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 08/19/2024

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Max Aranda

661 Realty License #01713332

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.4 Acre Lot

Parking

  • Carport

Interior Spaces

  • 3,020 Sq Ft Home
  • 1-Story Property

Schools

  • Kern Valley High School

Utilities

  • Evaporated cooling system
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 42539015

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $29,460
  • Net Operating Income $17,676

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1969
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.4000
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3020.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central Heat, Evaporative

Schools

  • High School: Kern Valley

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 17424.00
  • Parcel #: 42539015

Multi Family

  • Total Annual Expense: 11784.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 29460.00
  • Property Net Operating Income: 17676.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Hinojosa Adriana
Bought by
Payan Jesus Eduardo Zava
Current Estimated Value
$336,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,473
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2024
Closed on
Nov 22, 2024
Sold by
Saar Marc and Saar Jennifer
Bought by
Payan Jesus Eduardo Zava
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Max Aranda
661 Realty
List Price
$330,000
Sold Price
$295,000
Premium/Discount to List
-$35,000
-10.61%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
Original Mortgage
$217,500
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2021
Sold by
Knapp Brian David and Knapp Julie
Bought by
Saar Marc and Saar Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Knapp Brian D and Knapp Julie E
Bought by
Knapp Brian David and Knapp Julie

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bigelow William M and Bigelow Janice F
Bought by
Knapp Brian D and Knapp Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2003
Sold by
Joughin Roberta J
Bought by
Bigelow William M and Bigelow Janice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Payan Jesus Eduardo Zava -- Placer Title
Payan Jesus Eduardo Zava $290,000 Chicago Title
Saar Marc $170,000 Chicago Title Company
Knapp Brian David -- None Available
Knapp Brian D $285,000 Fidelity Title
Bigelow William M $150,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payan Jesus Eduardo Zava $239,473
Previous Owner Payan Jesus Eduardo Zava $217,500
Previous Owner Saar Marc $127,500
Previous Owner Knapp Brian D $145,000
Previous Owner Bigelow William M $119,900
Closed Bigelow William M $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2024 12/24/24 Sold $295,000 -10.6% $98 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $330,000 -- $109 / 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 $3,723 $290,000 $12,000 $278,000
2024 $3,723 $272,729 $60,488 $212,241
2023 $3,609 $267,382 $59,302 $208,080
2022 $3,528 $262,140 $58,140 $204,000
2021 $3,436 $272,000 $54,000 $218,000
2020 $3,354 $272,000 $54,000 $218,000
2019 $3,687 $302,000 $60,000 $242,000
2018 $3,536 $287,000 $57,000 $230,000
2017 $3,042 $241,000 $48,000 $193,000
2016 $2,476 $200,000 $40,000 $160,000
2015 $2,610 $211,000 $32,000 $179,000
2014 $2,307 $183,000 $13,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202408319

Bakersfield Association of REALTORS® / GEMLS

APN: 425-390-15-00-5