NOT LISTED FOR SALE

Estimated Value: $593,962

4 Beds
2 Baths
3,696 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $370,000 $100 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,706/month

66 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of July 2018

GREAT OPPORTUNITY FOR INVESTOR OR MULTI FAMILY BUYER! LIVE IN ONE AND RENT THE OTHERS! ALL 4 UNITS ARE IN VERY GOOD CONDITION, EACH UNIT FEATURES 2 BEDROOMS & 1 BATHROOM. PROPERTY IS VERY WELL MAINTAINED AND IN A NICE AREA OF BAKERSFIELD. CONVENIENTLY CLOSE TO PARK & SCHOOLS. DO NOT MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

kobi costa

No Firm Affiliation License #01500254 Listed on: 04/17/2018

No Firm Affiliation

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,840 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 4
  • Tax Tract Number 3549
  • Assessor Parcel Number 1642210400

Community Details

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $60
  • Fuel Expense $350
  • Gardener Expense $960
  • Insurance Expense $1,500
  • Other Expense $1,700
  • Trash Expense $384
  • Water Sewer Expense $1,320
  • New Taxes Expense $4,480
  • Operating Expense $9,054
  • Gross Income $36,000
  • Net Operating Income $25,146

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • CapRate: 6.29
  • Property Attached: No
  • Water Sewer Expenses: 1320.00
  • Zoning: R-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 1642210400
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 100.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Unknown
  • Trash Expense: 384.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6840.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 924 Square Feet
  • Electric Expense: 60.00
  • Fuel Expense: 350.00
  • Gross Income: 36000.00
  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 25146.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 9054.00
  • Other Expense: 1700.00
  • Other Expense Description: Asesmnts
  • Rent Control: No
  • Total Actual Rent: 1400.00
  • Total Expenses: 9054.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4480.00
  • Tax Census Tract: 28.13
  • Tax Lot: 4
  • Tax Tract Number: 3549

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
07/09/2018 07/09/18 Sold $370,000 -7.3% $100 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $399,000 -- $108 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2021 $6,478 $381,309 $51,528 $329,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18089212

California Regional Multiple Listing Service (CRMLS)

APN: 164-221-04-00-8