Seller's Agent in 2024
Larry Moreland
Larry Moreland Real Estate
(661) 201-8820
6 in this area
52 Total Sales
704 Pine St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated Value: $458,607 - $516,000
4
Beds
1
Bath
2,558
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- Heated Floors
- Central Heating and Cooling System
- 1-Story Property
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. 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 unpermitted 4th unit.
Last Agent to Sell the Property
Larry Moreland Real Estate License #01185815 Listed on: 03/07/2024
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 8,276 Sq Ft Lot
Home Design
- Composition Roof
Interior Spaces
- 2,558 Sq Ft Home
- 1-Story Property
- Heated Floors
Parking
- 1 Car Garage
- Uncovered Parking
Schools
- Penn Elementary School
- Curran Middle School
- Bakersfield High School
Utilities
- Central Heating and Cooling System
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 00730119
Community Details
Overview
- 4 Units
- Chester Tract Subdivision
Building Details
- Gross Income $30,200
- Net Operating Income $26,200
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 |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $499,950 | -- | $195 / 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 | $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
-
Larry Moreland
-
N
Buyer's Agent in 2024
Non-Member Non-Member
Non-Member Office
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202402230
APN: 007-301-19-00-9
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