NOT LISTED FOR SALE
-- Bed
-- Bath
4,862 Sq Ft
0.46 Acres

Last Sold January 24, 2017

Last sale price $319,000 $66 Per Sq Ft

65 Days on Market

Highlights

  • 20,226 Sq Ft lot
  • Laundry Room
  • Paved or Partially Paved Lot
  • Evaporated cooling system
  • Ceiling Fan

About This Home

As of January 2017

Here is a real money maker in downtown Bakersfield. There are a total of seven houses - five one bedroom houses, a two bedroom house with an attached garage and a three bedroom house with a carport and a detached garage. Each house has its own address and its own gas/electric meter. Lots of work has been done over the last few months. The three bedroom house has all new dual pane windows, new paint, and new carpet. The two bedroom house has new dual pane windows. The one bedroom houses are all in good condition.

Last Agent to Sell the Property

robert savage

Bakersfield Property Solutions License #01454127 Listed on: 10/04/2016

Last Buyer's Agent

robert savage

Bakersfield Property Solutions License #01454127 Listed on: 10/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.46 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 4,862 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Utilities

  • Evaporated cooling system
  • Wall Furnace

Community Details

  • 7 Units
  • Gross Income $49,860

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 00209117

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • CapRate: 0.15
  • Subdivision Name Other: Out of Area(962)
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 00209117
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Levels: One
  • Price Per Square Foot: 65.61

Exterior Features

  • Foundation: Raised
  • Roof: Shingle

Utilities

  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 20226.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Multiplier: 6.60
  • Gross Operating Income: 49860.00
  • Number Of Units Total: 7
  • Operating Expense: 12200.00
  • Vacancy Allowance Rate: 5.00
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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 List to Sale Price per Sq Ft Prior Sale
01/24/2017 01/24/17 Sold $319,000 0.0% -- View Prior Sale
01/24/2017 01/24/17 Sold $319,000 -3.0% $66 / Sq Ft
12/25/2016 12/25/16 Pending -- -- --
12/08/2016 12/08/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $329,000 0.0% $68 / Sq Ft
07/21/2016 07/21/16 For Sale $329,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,535 $370,220 $69,632 $300,588
2024 $6,535 $362,962 $68,267 $294,695
2023 $6,367 $355,846 $66,929 $288,917
2022 $6,195 $348,869 $65,617 $283,252
2021 $5,816 $342,030 $64,331 $277,699
2020 $5,685 $338,524 $63,672 $274,852
2019 $5,602 $338,524 $63,672 $274,852
2018 $5,501 $325,380 $61,200 $264,180
2017 $5,395 $311,416 $44,487 $266,929
2016 $5,009 $305,311 $43,615 $261,696
2015 $4,978 $300,726 $42,960 $257,766
2014 $4,838 $294,836 $42,119 $252,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1071793

California Regional Multiple Listing Service (CRMLS)