L
Seller's Agent in 2024
Larry Moreland
Larry Moreland Real Estate
700 Pine St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated Value: $458,607 - $516,000
7
Beds
4
Baths
2,558
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- Lawn
- Rectangular Lot
- 1-Story Property
- Laundry Room
About This Home
As of June 2024Oleander 4 unit building perfect for savvy investor. Classic 1950s income property features a duplex and apartment. All unit's feature (3) 2-bedrooms and 1-bathroom with (1) 1-car garage. Color coating done ready for paint. Owner replaced main sewer line, gas line and water line to street in 2004. Front unit of Duplex building was replumbed 2017. Upstairs unit over garage replumbed 2017 and new electrical and panel 2000. All unit entry doors open out and have been replaced with more durable fiberglass doors 2017. Front Duplex unit's feature framed in porches. Back unit over garage has Bon Air A/C unit replaced 2000 which feeds to unit below. Duplex building has two Bon Air Evaporative coolers replaced 2019. Property is in a row of similar triplex properties close to church, school, eateries downtown and shopping. Big upside potential in rental income with permitted 4th unit.
Last Agent to Sell the Property
Larry Moreland
Larry Moreland Real Estate Brokerage Phone: 661-201-8820 License #01185815 Listed on: 03/07/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 8,162 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Level Lot
- Lawn
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Single Garage Door
- Combination Of Materials Used In The Driveway
- Shared Driveway
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,558 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block P / 10
- Tax Tract Number 301
- Assessor Parcel Number 00730119009
- $1,789 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $200
- Maintenance Expense $579
- Water Sewer Expense $100
- Operating Expense $4,000
- Gross Income $34,200
- Net Operating Income $30,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2024
Sold by
Einhaus Michael Hugh
Bought by
Alcala Garcia Bernardo and Alpizar Gonzalez Silvia
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alcala Garcia Bernardo | $465,500 | Placer Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $490,000 | -2.0% | $192 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $499,950 | -- | $195 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $3,493 | $474,300 | $76,500 | $397,800 |
| 2024 | $3,401 | $139,355 | $27,108 | $112,247 |
| 2023 | $3,401 | $136,624 | $26,577 | $110,047 |
| 2022 | $3,281 | $133,946 | $26,056 | $107,890 |
| 2021 | $3,006 | $131,321 | $25,546 | $105,775 |
| 2020 | $2,907 | $129,976 | $25,285 | $104,691 |
| 2019 | $2,852 | $129,976 | $25,285 | $104,691 |
| 2018 | $2,795 | $124,931 | $24,304 | $100,627 |
| 2017 | $2,771 | $122,482 | $23,828 | $98,654 |
| 2016 | $2,608 | $120,081 | $23,361 | $96,720 |
Source: Public Records
Agents Affiliated with this Home
-
-
Froylan Candelario
F
Buyer's Agent in 2024
Froylan Candelario
8020 Max, Inc.
(818) 900-0300
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI24047158
APN: 007-301-19-00-9
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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