NOT LISTED FOR SALE

820 Roberts Ln Bakersfield, CA 93308

-- Bed
-- Bath
5,070 Sq Ft
0.44 Acres

Last Sold August 29, 2022

Last sale price $2,100,000 $414 Per Sq Ft

4 Days on Market

About This Home

As of August 2022

Multi-Family on a Prime major commercial corner at Airport Drive. The property has total 18 rents: 3 detached homes, 14 apartments, and a commercial building leased to Airport Donut & Sandwich. The residences are all single story with nice yards/landscape. The front 2 homes share a beautiful yard and pool. All rents are well under market - lots of upside potential! There are nine 1-bedrooms, seven 2-bedrooms, and one 3-bedroom renting from $425 to $700/month. Plus the donut shop lease at $3300/month. Owner has maintained the property well, but there are some repairs and upgrades needed. Being sold As-IS. There is a laundry room with machines, that can be offered to tenants, just needs a gas meter. There are 4 legal parcels: the front 2 parcels are the corner zoned C-1 PD totaling .94 Acres. (291' X 141'). BONUS: The 4th parcel is a VACANT lot (50' X 112') zoned R-2 P fronts to Airport Drive!! APNs: 114-193-53; 114-193-52; 114-193-54; 114-193-25

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 07/26/2022

Keller Williams Realty

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.44 Acre Lot

Interior Spaces

  • 5,070 Sq Ft Home
  • 1-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11419352

Community Details

Overview

  • 18 Units

Building Details

  • Gross Income $163,320
  • Net Operating Income $102,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1934
  • Building Stories: 1
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5070.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 19166.00
  • Parcel #: 11419352

Multi Family

  • Total Annual Expense: 57679.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 18
  • Annual Gross Income: 163320.00
  • Property Net Operating Income: 102375.00

MLS Schools

  • Elementary School: Beardsley

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $2,100,000 0.0% $414 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $2,100,000 -- $414 / 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 $9,606 $645,048 $150,858 $494,190
2024 $9,606 $632,400 $147,900 $484,500
2023 $9,399 $620,000 $145,000 $475,000
2015 $8,558 $367,538 $59,042 $308,496
2014 $8,380 $360,339 $57,886 $302,453
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2022

    Philip Jordan

    Keller Williams Realty

    (805) 453-8353

    133 Total Sales

    Philip Jordan
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202208451

Bakersfield Association of REALTORS® / GEMLS

APN: 114-193-52

California Kern County Bakersfield 93308

820 Roberts Ln, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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