NOT LISTED FOR SALE
-- Bed
-- Bath
3,660 Sq Ft
6,136 Sq Ft Lot

Sale Details

Date 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

6,136 Sq Ft Lot

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

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
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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21904609

Bakersfield Association of REALTORS® / GEMLS
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