NOT LISTED FOR SALE
-- Bed
-- Bath
5,070 Sq Ft
0.44 Acre Lot

Sale Details

Date 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

  • 19,166 Sq Ft 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

0.44 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2026
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,617,000
Interest Rate
0.0651%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 23, 2022
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,617,000
Interest Rate
0.0551%
Mortgage Type
Seller Take Back
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,750,000 Chicago Title Company
$2,100,000 Ticor Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,617,000
Previous Owner $1,617,000
Previous Owner $132,759
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,776 $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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202208451

Bakersfield Association of REALTORS® / GEMLS

APN: 114-193-52

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