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$520,000   Price Analysis
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223 Monterey St
Bakersfield, CA 93305
20 bed 10 bath 3,400 SqFt ($152/SqFt)
7,532SqFt lot. Built 1982
Listed 2024-05-10
Ⓧ USDA Ineligible
due to location

near Bakersfield

Great investment property located in NE.

4 units, all units are 2 bedrooms/1 bath. 2 story. Each unit has own patio and indoor laundry. Alley access. Large parking in the back of the property. Pristine AC replaced for units B and C in 2020.

Unit A has new paint and new carpt in December 2023. Unit B has new paint and flooring and available, rent is $1, 150/Mo. Each unit has separatel y meters. Owner pays water and trash.


Presented by Ya Meek at
COLDWELL BANKER PREFERRED.


Property MLS #WS24095156 from CRMLS

Bedrooms: 20

Open Floorplan
Tile Counters
Door Features: Panel Doors
Window Features: Blinds, Double Pane Windows

Appliances: Gas Oven, Gas Range
Appliances YN: Yes
Laundry Features: Inside, Washer Hookup

All Bedrooms Up, Great Room, Kitchen, Laundry

Cooling Features: Central Air, Gas
Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Patio, Gas

Full Bathrooms: 10

Lighting
Fencing: Fence YN: Yes, Fencing: Wood
Road Frontage Type: Alley, City Street
Road Surface Type: Alley Paved, Paved

Lot Description: Front Yard, Landscaped, Lawn, Level, Sprinklers In Front, Yard
Lot Size Acres: 0.1729109
Lot Size Source: Assessor
Lot Size Square Feet: 7532

Parking Features: Parking YN: Yes, Parking Features: Concrete, Driveway Level, On Site, Parking Space, Private
Parking Total: 8

View: City Lights

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Rent Control: Yes

Community Features: Curbs, Street Lights, Urban

Source Listing Status: Active
County: Kern
Source Property Type: Residential Income
Insurance Expense: 1495.00
Area: BKSF - Bakersfield
Source Neighborhood: BKSF - Bakersfield
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Parcel Number: 01418004006
Postal Code Plus 4: 3461
Professional Management Expense: 4000.00
Trash Expense: 258.00
Zoning: M-1
Source System Name: C2C

Listed 2024-05-10
$520,000
CRMLS

Net Operating Income: 23416.00

Total Square Feet Living: 3400
Year Built: 1982
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: Front
Foundation Details: Slab
Property Age: 42
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
House Style: Traditional
Year Built Source: Assessor

Electric: Standard
Electric Expense: 55.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1219.00
Cable Available
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Longfellow Elementary School is a public elementary school located approximately 0.5 miles away.
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Washington Middle School is a public middle school located approximately 1.5 miles away.
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Bakersfield High School is a public high school located approximately 1.7 miles away.
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Our Lady Of Guadalupe is a private elementary and middle school located approximately 1 miles away.
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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.