$525,000
SOLD JAN 17, 2025
-- Bed
-- Bath
3,761 Sq Ft
0.43 Acres

Recently Sold

$140 Per Sq Ft

39 Days on Market

Highlights

  • 0.43 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2025

Rare investment GEM! Two dwellings totaling 4 units on one lot and room to add! Two addresses to the property 5 Northrup and 11 Northrup, 5 Northrup is a 3 unit building and 11 Northrup is next door as a stand alone unit. All units are 2 bedroom, 1 bathroom with street parking! Financials are all acccurate YTD from 1/1/24-10/11/24. All rents are below market with room to increase them substantially!

Last Agent to Sell the Property

Nikolas Boone

Ascend Real Estate and Propert License #01892266 Listed on: 10/11/2024

Ascend Real Estate and Propert

Last Buyer's Agent

Ricardo Corona

Homestead Real Estate License #02062565

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.43 Acre Lot

Interior Spaces

  • 3,761 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Fremont Bak Elementary School
  • Sequoia Middle School
  • Mira Monte High School

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01833031

Community Details

Overview

  • 4 Units
  • Mayflower Add Subdivision

Building Details

  • Gross Income $44,400
  • Net Operating Income $18,927

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1939
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.4300
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3761.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat, Evaporative

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Sequoia

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 18730.00
  • Parcel #: 01833031

Multi Family

  • Total Annual Expense: 15882.27
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 44400.00
  • Property Net Operating Income: 18926.73

MLS Schools

  • Elementary School: Fremont_Bak

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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
01/17/2025 01/17/25 Sold $525,000 0.0% $140 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $525,000 0.0% $140 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $525,000 -- $140 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202410457

Bakersfield Association of REALTORS® / GEMLS

APN: 018-330-31