NOT LISTED FOR SALE

731 Lexington St Delano, CA 93215

Downtown Delano Neighborhood

Estimated Value: $225,000 - $315,000

3 Beds
2 Baths
1,342 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $137,500 $102 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,645/month

2 Days on Market

About This Home

As of April 2020

Investors delight! Stop losing money in the stock market! In the heart of the thriving city of Delano, close to markets, new developments, stores, gym. Units are a 2bd/1ba and 1bd/1ba with plenty of potential to increase the rents. Needs TLC, but it is fully occuppied. This property will be gone fast! Call now before it is too late. Zoned R-4 ready to build more units if needed.

Last Agent to Sell the Property

Marco Morales Ramirez

Liberty One Real Estate Group License #02002604 Listed on: 03/19/2020

Last Buyer's Agent

Carlos Ortiz

Liberty One Real Estate Group License #01176275

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,635 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,342 Sq Ft Home
  • 1-Story Property

Schools

  • Del Vista Elementary School
  • Cecil Avenue Middle School
  • Cesar Chavez High School

Listing and Financial Details

  • Assessor Parcel Number 03846002

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,000
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1938
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1342.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative,Other

Schools

  • High School: Cesar Chavez
  • Middle Or Junior School: Cecil Avenue

Lot Info

  • Lot Size Sq Ft: 5635.00
  • Parcel #: 03846002

Multi Family

  • Total Annual Expense: 1800.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.00
  • Property Net Operating Income: 16200.00

MLS Schools

  • Elementary School: Del Vista

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
04/20/2020 04/20/20 Sold $137,500 -8.0% $102 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $149,500 -- $111 / 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 $1,818 $149,825 $32,807 $117,018
2024 $1,766 $146,888 $32,164 $114,724
2023 $1,766 $144,009 $31,534 $112,475
2022 $1,736 $141,186 $30,916 $110,270
2021 $1,665 $138,418 $30,310 $108,108
2020 $951 $75,300 $12,157 $63,143
2019 $936 $75,300 $12,157 $63,143
2018 $924 $72,378 $11,686 $60,692
2017 $930 $70,959 $11,457 $59,502
2016 $916 $69,569 $11,233 $58,336
2015 $945 $68,525 $11,065 $57,460
2014 $885 $67,184 $10,849 $56,335
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marco Morales Ramirez

    Liberty One Real Estate Group

    (661) 748-2658

    88 Total Sales

    Marco Morales Ramirez
    Section Image

  • C

    Buyer's Agent in 2020

    Carlos Ortiz

    Liberty One Real Estate Group

    (661) 667-1400

    3 in this area

    72 Total Sales

    Carlos Ortiz
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202003087

Bakersfield Association of REALTORS® / GEMLS

APN: 038-460-02-00-5

California Kern County Delano 93215 Downtown Delano

731 Lexington St, Delano, CA

Not Listed for Sale

MultiFamily

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

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