NOT LISTED FOR SALE

704 Lilac St Bakersfield, CA 93308

2 Beds
1 Bath
2,629 Sq Ft
0.31 Acres

Last Sold October 15, 2020

Last sale price $290,000 $110 Per Sq Ft

75 Days on Market

About This Home

As of October 2020

Great investment opportunity! 4 units on 1 lot. 1 unit is 3 bedroom 2 bath and the remaining ones are 1 bedroom 1 bath. They are all currently occupied and very clean.

Last Agent to Sell the Property

Shawn Mandolesi

Miramar International Calloway License #01810821 Listed on: 07/02/2020

Last Buyer's Agent

David Mercado

Mercado and Associates RE Inc. License #01924766

Mercado and Associates RE Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 0.31 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,629 Sq Ft Home
  • 1-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11811303

Community Details

Overview

  • 4 Units
  • North Park Subdivision

Building Details

  • Gross Income $33,000
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1921
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2629.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 13388.00
  • Parcel #: 11811303

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 33000.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Standard

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $290,000 -20.5% $110 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $365,000 -- $139 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

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 $7,282 $313,903 $64,945 $248,958
2024 $7,282 $307,749 $63,672 $244,077
2023 $7,013 $301,716 $62,424 $239,292
2022 $6,611 $295,800 $61,200 $234,600
2021 $6,264 $290,000 $60,000 $230,000
2020 $3,747 $105,097 $21,886 $83,211
2019 $3,700 $105,097 $21,886 $83,211
2018 $3,552 $101,018 $21,037 $79,981
2017 $3,490 $99,038 $20,625 $78,413
2016 $3,328 $97,097 $20,221 $76,876
2015 $3,290 $95,640 $19,918 $75,722
2014 $3,230 $93,767 $19,528 $74,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202006518

Bakersfield Association of REALTORS® / GEMLS

APN: 118-113-03