$280,000
SOLD JUL 21, 2014

921 5th St Calimesa, CA 92320

-- Bed
-- Bath
-- Sq Ft
0.39 Acres

Recently Sold

8% Below List Price

45 Days on Market

About This Home

As of July 2014

This property is a 5 unit property featuring a house and a fourplex. The property has been with the same owner for over 30 years. It has always been occupied with long term tenants. Rents are currently well below market value due to the long term owners maintaining the low rents for their tenants. Huge opportunity for increased rents and an upside in both return and value. If you are looking for an opportunity this is the property. Currently owner operated and managed.

Last Agent to Sell the Property

Seth Johnson

Seth Johnson, Broker License #01469072 Listed on: 05/07/2014

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • Uncovered Parking

Additional Features

  • 1-Story Property
  • 0.39 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 411140014

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $23,790

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 16988.00
  • Parcel #: 411140014

Multi Family

  • Total Annual Expense: 5010.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 5
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 23790.00

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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 Change Sq Ft Price
06/02/2025 06/02/25 For Sale $799,999 +185.7% $303 / Sq Ft
07/21/2014 07/21/14 Sold $280,000 -8.2% --
06/21/2014 06/21/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $305,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21404783

Bakersfield Association of REALTORS® / GEMLS

APN: 411-140-014