$1,190,000
SOLD MAR 28, 2025
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

About This Home

As of March 2025

We are delighted to present for sale this unique opportunity to acquire two-homes-on-one-lot style Duplexes. The layout of this property offers three (3) bedroom, two (2) bathroom units, (2) bedroom, two (2) bathroom units. These duplexes are thoughtfully designed to accommodate a diverse tenant base, offering an attractive unit mix that appeals to families, professionals, and individuals alike. Embrace the future of sustainable living with paid solar panels for each duplex, reducing utility costs for both you and your tenants. Additionally, the implementation of Ratio Utility Billing System (RUBS) for all utilities, including common area PGE, ensures maximum earnings and streamlined operations. Don't miss the opportunity to add this exceptional property to your portfolio, as it seeks to be the highest earning asset you've ever owned.

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 02/20/2024

Last Buyer's Agent

Gurjit Singh

Singh Properties License #02061009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $541

Year Built

  • Built in 2024

Parking

  • Uncovered Parking

Schools

  • Miller Elementary School
  • Stonecreek Middle School
  • Ridgeview High School

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 53850018

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $194,400
  • Net Operating Income $145,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$541

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2024
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1500
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Stonecreek

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 6534.00
  • Parcel #: 53850018

Multi Family

  • Total Annual Expense: 48600.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 194400.00
  • Property Net Operating Income: 145800.00

MLS Schools

  • Elementary School: Miller, Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Singh Ranjit
Bought by
Kaur Amanpreet
Current Estimated Value
$595,432

Purchase Details

Closed on
Mar 23, 2024
Sold by
Jeremy Willer Construction Inc
Bought by
Kaur Amanpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Ticor Title
Grant Deed $595,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $442,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,190,000 0.0% --
02/20/2024 02/20/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $1,190,000 -- --
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 $541 $299,448 $42,448 $257,000
2024 -- $41,616 $41,616 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202412868

Bakersfield Association of REALTORS® / GEMLS

APN: 538-500-19-00-1