M
Seller's Agent in 2025
Moiz Lakdawala
Keller Williams Realty
(661) 343-9719
37 Total Sales
622 Lincoln Ave Bakersfield, CA 93308
--
Bed
--
Bath
2,208
Sq Ft
3,920
Sq Ft Lot
About This Home
As of March 2025What to do with your hard earned money? Buy a rental income property! And look no further, this one is it. Rare gem in the heart of Oildale offers premium rents of $3,400 a month, and premium looks, perfect for new or seasoned investor. Featuring three 2 bedroom 1 bath units, updated recently with fresh paint and tile flooring throughout the home. All units have their own laundry hookups, and decent size private yard area. All units have had cosmetic updates in the past year or so. With a handsome rental income coming in, you do not want to lose the opportunity to invest and reap the benefits of the owner's hard work they've put in for years, to make this piece of real estate ever so desirable and profitable. Call your favorite realtor now and make an offer!
Last Agent to Sell the Property
Keller Williams Realty License #01881688 Listed on: 01/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 3,920 Sq Ft Lot
Parking
- Uncovered Parking
Interior Spaces
- 2,208 Sq Ft Home
- 2-Story Property
- Heated Floors
Schools
- Wingland Elementary School
- Standard Middle School
- North High School
Utilities
- Central Heating and Cooling System
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 11309124
Community Details
Overview
- 3 Units
- Homecrest Subdivision
Building Details
- Gross Income $40,800
- Net Operating Income $33,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2025
Closed on
Mar 3, 2025
Sold by
H & S 26 Llc
Bought by
Lucky Jade Capital Llc
Seller's Agent
Moiz Lakdawala
Keller Williams Realty
Buyer's Agent
Moiz Lakdawala
Keller Williams Realty
List Price
$399,000
Sold Price
$382,000
Premium/Discount to List
-$17,000
-4.26%
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,468
Avg. Annual Appreciation
-6.41%
Original Mortgage
$305,600
Outstanding Balance
$304,042
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$58,490
Purchase Details
Listed on
Jun 12, 2019
Closed on
Jun 28, 2019
Sold by
Wells Fargo Bank National Association
Bought by
H & S 26 Llc
Seller's Agent
Edward Paine
Unknown Broker
Buyer's Agent
Moiz Lakdawala
Keller Williams Realty
List Price
$114,900
Sold Price
$118,000
Premium/Discount to List
$3,100
2.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.93%
Purchase Details
Closed on
Aug 9, 2018
Sold by
Sampson Steve and Sampson Alecia
Bought by
Us Bank National Association
Purchase Details
Closed on
Mar 4, 2005
Sold by
White James E and White Georgia A
Bought by
Sampson Steve and Sampson Alecia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,900
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 14, 1999
Sold by
White James E
Bought by
White James E and White Georgia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.51%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $382,000 | Placer Title | |
| Grant Deed | $118,000 | Service Link | |
| Trustee Deed | $149,760 | Accommodation | |
| Grant Deed | -- | Alliance Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,600 | New Conventional | |
| Previous Owner | $158,900 | Fannie Mae Freddie Mac | |
| Previous Owner | $26,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2025 03/25/25 | Sold | $382,000 | -4.3% | $173 / Sq Ft | |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- | |
| 01/13/2025 01/13/25 | For Sale | $399,000 | +238.1% | $181 / Sq Ft | |
| 07/19/2019 07/19/19 | Sold | $118,000 | +2.7% | $53 / Sq Ft | View Prior Sale |
| 06/19/2019 06/19/19 | Pending | -- | -- | -- | |
| 06/12/2019 06/12/19 | For Sale | $114,900 | -- | $52 / 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 | $4,238 | $129,046 | $32,807 | $96,239 |
| 2024 | $4,238 | $126,516 | $32,164 | $94,352 |
| 2023 | $4,068 | $124,036 | $31,534 | $92,502 |
| 2022 | $3,771 | $121,605 | $30,916 | $90,689 |
| 2021 | $3,509 | $119,221 | $30,310 | $88,911 |
| 2020 | $3,319 | $118,000 | $30,000 | $88,000 |
| 2019 | $3,651 | $148,920 | $30,600 | $118,320 |
| 2018 | $2,193 | $34,673 | $5,567 | $29,106 |
| 2017 | $2,143 | $33,994 | $5,458 | $28,536 |
| 2016 | $2,071 | $33,328 | $5,351 | $27,977 |
| 2015 | $2,050 | $32,828 | $5,271 | $27,557 |
| 2014 | $2,015 | $32,186 | $5,168 | $27,018 |
Source: Public Records
Agents Affiliated with this Home
-
Moiz Lakdawala
-
E
Seller's Agent in 2019
Edward Paine
Unknown Broker
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202500345
APN: 113-091-24-00-7
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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