Seller's Agent in 2021
Philip Jordan
Keller Williams Realty
(661) 553-5767
19 in this area
136 Total Sales
Estimated Value: $383,535 - $497,000
3
Beds
1
Bath
3,231
Sq Ft
$135/Sq Ft
Est. Value
About This Home
As of March 2021PROPERTY OVERVIEW Four Unit Property with Tons of Upside! Property has two occupied units (600 & 604) with long term tenants paying $559 and $650. No rent increases in recent years so rents could be increased right away. Unit 604 tenant is Section 8. Back two units are unoccupied and require work to get rent ready. These units would add an additional $1850/month income once rented. In addition, there is a large portion of the lot that is undeveloped. There is room for 2-4 additional units to be added in future development. LOCATION OVERVIEW Bakersfield is conveniently located between San Francisco & Los Angeles which are becoming more expensive to live and thus resulting in more people moving to the wonderful city of Bakersfield. In addition, Bakersfield is known for its rich agriculture, black gold (oil), delicious dining, and its warm and welcoming small-town charm. Due to large manufacturing companies being stationed in Bakersfield results in high job demands such as Amazon.
Last Agent to Sell the Property
Keller Williams Realty License #00966411 Listed on: 02/06/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,830
Year Built
- Built in 1942
Lot Details
- 0.44 Acre Lot
Parking
- Uncovered Parking
Interior Spaces
- 3,231 Sq Ft Home
- 1-Story Property
Schools
- Downtown Elementary School
- Emerson Middle School
- Bakersfield High School
Listing and Financial Details
- Assessor Parcel Number 00947117
Community Details
Overview
- 4 Units
- California Ave Park Subdivision
Building Details
- Gross Income $36,708
- Net Operating Income $22,841
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Dean Barbara Jean | $241,000 | |
| Closed | Dean Barbara Jean | $250,000 | |
| Closed | Dean Barbara Jean | $56,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2021 03/02/21 | Sold | $269,000 | +3.9% | $83 / Sq Ft |
| 02/06/2021 02/06/21 | For Sale | $259,000 | -- | $80 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
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 | $5,830 | $291,172 | $54,121 | $237,051 |
| 2024 | $5,830 | $285,463 | $53,060 | $232,403 |
| 2023 | $5,686 | $279,867 | $52,020 | $227,847 |
| 2022 | $5,511 | $274,380 | $51,000 | $223,380 |
| 2021 | $3,029 | $93,468 | $13,637 | $79,831 |
| 2020 | $2,899 | $92,511 | $13,498 | $79,013 |
| 2019 | $2,845 | $92,511 | $13,498 | $79,013 |
| 2018 | $2,794 | $88,921 | $12,975 | $75,946 |
| 2017 | $2,765 | $87,178 | $12,721 | $74,457 |
| 2016 | $2,642 | $85,470 | $12,472 | $72,998 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Jordan
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202101347
APN: 009-471-17-00-7
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