NOT LISTED FOR SALE

701 Knotts St Bakersfield, CA 93305

East Bakersfield Neighborhood
-- Bed
-- Bath
9,900 Sq Ft
0.48 Acres

Last Sold August 12, 2022

Last sale price $1,300,000 $131 Per Sq Ft

Highlights

  • 20,908 Sq Ft lot
  • Central Air
  • 5-minute walk to Jefferson Park

About This Home

As of August 2022

14 Units For Sale! Units have Hvac! Now Stabilized with a unit mix of (6) 2 bedroom / 1 bathroom units and (8) 1 bedroom / 1 bathroom units. Gated complex with a large courtyard, and on-site laundry. Built in 1964.

Last Agent to Sell the Property

Alfonso Gomez Sanchez

People Realty, Inc. License #01337220 Listed on: 07/22/2022

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.48

Interior Spaces

  • 9,900 Sq Ft Home
  • 2-Story Property

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Additional Features

  • 0.48 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 12532013

Community Details

Overview

  • 14 Units
  • Keith Addition Subdivision

Building Details

  • Gross Income $128,275
  • Net Operating Income $90,113

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 9900.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 20908.00
  • Parcel #: 12532013

Multi Family

  • Total Annual Expense: 38161.13
  • Vacancy Factor: 7.14
  • Number Of Units Total: 14
  • Annual Gross Income: 128275.00
  • Property Net Operating Income: 90113.13

MLS Schools

  • Elementary School: Noble, Myra A.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
08/12/2022 08/12/22 Sold $1,300,000 0.0% $131 / Sq Ft
07/22/2022 07/22/22 For Sale $1,300,000 +62.5% $131 / Sq Ft
01/10/2018 01/10/18 Sold $800,000 -4.3% $81 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $836,000 -- $84 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alfonso Gomez Sanchez

    People Realty, Inc.

    Section Image
  • Marc Thurston

    Buyer's Agent in 2022

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    8 in this area

    84 Total Sales

    Marc Thurston
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202208342

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93305 East Bakersfield

701 Knotts St, Bakersfield, CA

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

Nearby Homes