$574,999 Price Analysis    ♡   Bakersfield, CA 93307 Unknown bed None bath 2,397 SqFt ($239/SqFt) 0.72 acre lot. Built 1942 Listed 2024-05-09, Taxes $5,678 | ✓ USDA Eligible near Bakersfield, CA Restrictions may apply due to home size |
Bread and butter 5 units sitting on a 0.70 acre lot with a C-2
R-2 zoning generating under $5, 000 in monthly rental income. Wonderful opportunity to ow n this piece of real estate that has steady income with low maintenance and high returns. All units are tenant occupied by long term tenants who pay their rents religiously.
In addition, there are unlimited possibilities to explore, as you can add more units and maximize your investment, as the zoning and lot size allows for more units that can be built/dded comfortably. Don't sleep on this one and add this income producing property to your portfolio today!
Presented by Moiz Lakdawala at
Keller Williams Realty.
Property MLS #202404535 from Bakersfield
Heating Features: Evaporative, Floor/Wall Heater
Evaporative
Floor/Wall Heater
Lot Size Acres: 0.7199954
Lot Size Source: (Public Record)
Lot Size Square Feet: 31363
Parking Features: Uncovered
Calculated Total Monthly Association Fees: 0
Elementary School District: Edison
High School: Mira Monte
Middle School: Edison
Map directions Map directions Map directionsVacancy Allowance: 0.01
Source Listing Status: Active
County: Kern
Cap Rate: 0.09
Source Property Type: ResidentialIncome
Area: 43
Source Neighborhood: 1187
Subdivision: 1187
Property Subtype: 5 - 10 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $155,055 + $55,774 $210,829 | $5,678 |
| 2021 | $152,015 + $54,681 $206,696 | $5,310 |
| 2020 | $150,457 + $54,121 $204,578 | $5,053 |
| 2019 | $147,507 + $53,060 $200,567 | $4,978 |
| 2018 | $144,615 + $52,020 $196,635 | $5,638 |
| 2017 | $141,780 + $51,000 $192,780 | $5,484 |
| 2016 | $65,000 + $50,000 $115,000 | $2,567 |
| 2015 | $4,079 + $61,198 $65,277 | $2,007 |
| 2014 | $4,000 + $60,000 $64,000 | $1,984 |
| 2013 | $4,000 + $60,000 $64,000 | $1,978 |
| 2012 | $14,154 + $9,410 $23,564 | $1,517 |
| 2011 | $13,877 + $9,226 $23,103 | $1,304 |
| 2010 | $13,774 + $9,158 $22,932 | $1,311 |
| 2009 | $13,807 + $9,180 $22,987 | $1,290 |
| 2007 | $13,537 + $9,000 $22,537 | $1,261 |
| 2006 | $13,272 + $8,824 $22,096 | $1,240 |
$574,999
CRMLS
Listed 2024-05-09
$574,999
Bakersfield
Listing removed 2023-11-09
$0
Bakersfield
Relisted 2023-10-02
$574,999
Bakersfield
Listing removed 2023-10-01
$0
Bakersfield
Listed 2023-09-07
$574,999
Bakersfield
Listing removed 2023-09-01
$0
Bakersfield
Price Changed 2023-07-02
$599,999
Bakersfield
Listed 2023-06-17
$619,999
Bakersfield
Sold 2022-04-27
$240,000
Public Record
Listing removed 2019-01-07
$289,999
CRMLS
Listing removed 2019-01-04
$0
CRMLS
Price Changed 2018-11-27
$289,999
CRMLS
Listed 2018-09-20
$325,000
CRMLS
Sold 2016-02-22
$189,000
Public Record
Sold 2012-07-18
$63,500
Public Record
Sold 1997-11-06
$21,000
Public Record
Year Built: 1942
Property Age: 82
Levels or Stories: 1
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.