NOT LISTED FOR SALE

824 E 19th St Bakersfield, CA 93305

East Bakersfield Neighborhood
-- Bed
-- Bath
3,660 Sq Ft
6,136 Sq Ft Lot

Last Sold July 15, 2019

Last sale price $755,000 $206 Per Sq Ft

57 Days on Market

About This Home

As of July 2019

Beautifully remodeled 10 Unit Portfolio, property is made up of 3 Individual Properties, two Four Plexes and one Duplex, 100% occupied and generating CASH FLOW. Property was extensively remodeled and rehabbed, all units are 2 bedroom 1 bathrooms with indoor laundry. Perfect for the first time investor looking for an income producing property, 9% Cap Rate, without deferred maintenance or repairs. CASH FLOW IS KING!

Last Agent to Sell the Property

Abel Ramos, III

Unknown Broker License #01821789 Listed on: 04/19/2019

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,136 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,660 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 01714011

Community Details

Overview

  • 10 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $82,800
  • Net Operating Income $68,479

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3660.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 6136.00
  • Parcel #: 01714011

Multi Family

  • Total Annual Expense: 14320.51
  • Vacancy Factor: 0.01
  • Number Of Units Total: 10
  • Annual Gross Income: 82800.00
  • Property Net Operating Income: 68479.49
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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
07/15/2019 07/15/19 Sold $755,000 -5.5% $206 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $799,000 -- $218 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Abel Ramos, III

    Unknown Broker

  • N

    Buyer's Agent in 2019

    Non-Member Non-Member

    Non-Member Office

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21904609

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93305 East Bakersfield

824 E 19th St, 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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