P
Seller's Agent in 2017
Patricia Sikes
Unknown Broker
710 32nd St Bakersfield, CA 93301
Downtown Bakersfield NeighborhoodEstimated Value: $415,128 - $461,000
4
Beds
1
Bath
2,900
Sq Ft
$150/Sq Ft
Est. Value
About This Home
As of October 2017HUGE Income Potential....4-Plex near Downtown Bakersfield, close to everything. ALL are 2 bedrooms 1 bath units. TWO buildings total. ONLY $62.500 per unit! Investors or new investors, here is your start. The one tenant has been here for 5 years and rents can be increased. Seller has over the past months NOT renewed leases trying to empty the units for a new owner so THREE are vacant now. Each unit has heat, air, carpet, tile, bathroom remodels, Breakfast bars, Range, Oven and hoods. Roof is a great comp roof and the there are 2 parking places for each unit PLUS an owners parking spot. Great Bakersfield location. The three vacant units were rented for $650/ mo each but could be much higher. This can be a positive cash flow investment property and you could live in one and rent the others out with almost nothing out of pocket for your living expenses. Also, each building and unit is on its own utilities! Where else can you get 4 great units at about $62,500 EACH?
Last Agent to Sell the Property
Patricia Sikes
Unknown Broker License #01312378 Listed on: 10/04/2017
Last Buyer's Agent
Patricia Sikes
Unknown Broker License #01312378 Listed on: 10/04/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 8,041 Sq Ft Lot
Parking
- 8 Car Parking Spaces
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
Schools
- Franklin Elementary School
- Emerson Middle School
- Bakersfield High School
Listing and Financial Details
- Assessor Parcel Number 00205106
Community Details
Overview
- 4 Units
- Homaker Park Subdivision
Building Details
- Gross Income $30,000
- Net Operating Income $22,700
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2017 10/27/17 | Sold | $239,900 | -4.0% | $83 / Sq Ft |
| 10/04/2017 10/04/17 | For Sale | $250,000 | -- | $86 / 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 | $5,621 | $273,073 | $39,821 | $233,252 |
| 2024 | $5,621 | $267,720 | $39,041 | $228,679 |
| 2023 | $5,481 | $262,472 | $38,276 | $224,196 |
| 2022 | $5,309 | $257,326 | $37,526 | $219,800 |
| 2021 | $4,932 | $252,282 | $36,791 | $215,491 |
| 2020 | $4,798 | $249,696 | $36,414 | $213,282 |
| 2019 | $4,706 | $249,696 | $36,414 | $213,282 |
| 2018 | $4,607 | $240,000 | $35,000 | $205,000 |
| 2017 | $3,917 | $181,560 | $35,700 | $145,860 |
| 2016 | $3,677 | $178,000 | $35,000 | $143,000 |
| 2015 | $2,980 | $117,259 | $21,319 | $95,940 |
| 2014 | $2,889 | $114,963 | $20,902 | $94,061 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 21711609
APN: 002-051-06-00-4
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