NOT LISTED FOR SALE
2 Beds
1 Bath
2,040 Sq Ft
0.33 Acres

Last Sold February 09, 2023

Last sale price $375,000 $184 Per Sq Ft

About This Home

As of February 2023

Money Maker, Each unit below average market price. Each unit is 2 bedroom and .75 bathroom. Close to schools and freeway. Good cash flow with potential upside on rents, all units are month to month and units are presently 100% occupied. Not a short sale or REO. Vacancies are virtually non-existent

Last Agent to Sell the Property

Daniel Mena

Golden Valley RealEstate Group License #01422062 Listed on: 02/09/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.33 Acre Lot

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Horizon Elementary School
  • Mckee Middle School
  • Golden Valley High School

Listing and Financial Details

  • Assessor Parcel Number 51705119

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $34,500
  • Net Operating Income $29,801

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1942
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2040.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: Golden Valley
  • Middle Or Junior School: McKee

Lot Info

  • Lot Size Sq Ft: 14374.00
  • Parcel #: 51705119

Multi Family

  • Total Annual Expense: 4699.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 34500.00
  • Property Net Operating Income: 29801.00

MLS Schools

  • Elementary School: Horizon
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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
02/09/2023 02/09/23 Sold $375,000 +4.2% $184 / Sq Ft
02/09/2023 02/09/23 For Sale $359,900 +157.1% $176 / Sq Ft
08/31/2012 08/31/12 Sold $140,000 -6.6% $68 / Sq Ft View Prior Sale
08/19/2012 08/19/12 For Sale $149,900 -- $73 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,776 $390,150 $104,040 $286,110
2024 $6,776 $382,500 $102,000 $280,500
2023 $4,123 $165,695 $35,504 $130,191
2022 $3,799 $162,447 $34,808 $127,639
2021 $3,477 $159,263 $34,126 $125,137
2020 $3,477 $157,631 $33,777 $123,854
2019 $3,235 $157,631 $33,777 $123,854
2018 $3,075 $151,512 $32,466 $119,046
2017 $3,027 $148,542 $31,830 $116,712
2016 $2,911 $145,630 $31,206 $114,424
2015 $2,895 $143,444 $30,738 $112,706
2014 $2,860 $140,635 $30,136 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202301120

Bakersfield Association of REALTORS® / GEMLS

APN: 517-051-19