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$520,000   Price Analysis
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223 Monterey St
Bakersfield, CA 93305
Unknown bed None bath 3,400 SqFt ($152/SqFt)
7,532SqFt lot. Built 1982
Listed 2024-05-10, Taxes $5,862
Ⓧ USDA Ineligible
due to location

near Bakersfield

Great investment propert y located in NE.

* Has Contingent Offer *

4 units, all units are 2 bedrooms/1 bath. 2 story. Each unit has its own patio and indoor laundry. Large, paved parking area in the back of the property w/alley access.

Pristine AC replaced for units B and C in 2020. Unit A has new paint and new carpet in December 2023. All units ar rented. Each unit has separate meters. Owner pays water and trash.


Presented by Christie Ya Meek at
Coldwell Banker Preferred, Realtors.


Property MLS #202404595 from Bakersfield

Cooling Features: Central AC, Central Heat
Heating Features: Central AC, Central Heat
Central AC
Central Heat

Lot Dimensions Source: SqFt
Lot Size Acres: 0.1729109
Lot Size Source: (Approximate)
Lot Size Square Feet: 7532

Garage Description: Uncovered
Parking Features: Uncovered
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Longfellow
Elementary School District: Bakersfield City
High School: Bakersfield
Middle School: Washington

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.
directions icon Map directions

Bakersfield High School is a public high school located approximately 1.7 miles away.
directions icon Map directions

Our Lady Of Guadalupe is a private elementary and middle school located approximately 1 miles away.
directions icon Map directions

Number of Units: 4

Number of Units Vacant: 0
Vacancy Allowance: 0.1

City Region: Bakersfield
Source Listing Status: ActiveUnderContract
County: Kern
Cap Rate: 0.05
Source Property Type: ResidentialIncome
Area: 31
Source Neighborhood: Bakersfield
Postal Code Plus 4: 3461
Subdivision: Bakersfield
Property Subtype: 4 Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$252,488 + $51,528
$304,016
$5,862
2021$247,538 + $50,518
$298,056
$5,480
2020$245,000 + $50,000
$295,000
$5,345
2019$123,099 + $37,142
$160,241
$3,684
2018$120,686 + $36,414
$157,100
$3,612
2017$118,320 + $35,700
$154,020
$3,580
2016$117,769 + $35,533
$153,302
$3,400
2015$159,000 + $28,000
$187,000
$3,909
2014$160,000 + $30,000
$190,000
$3,728
2013$159,000 + $25,000
$184,000
$4,062
2012$135,000 + $25,000
$160,000
$3,483
2011$135,000 + $25,000
$160,000
$3,504
2010$122,000 + $30,000
$152,000
$3,359
2009$133,000 + $44,000
$177,000
$3,645
2007$245,728 + $40,954
$286,682
$4,764
2006$249,696 + $41,616
$291,312
$4,502

Listed 2024-05-10
$520,000
Bakersfield
Sold 2019-08-29
$295,000
Bakersfield
Sold 2016-02-19
$151,000
Public Record
Listing removed 2013-03-19
$179,000
Bakersfield
Relisted 2013-03-12
$179,000
Bakersfield
Listing removed 2013-02-06
$179,000
Bakersfield
Relisted 2013-01-22
$179,000
Bakersfield
Listing removed 2012-10-04
$148,000
Bakersfield
Listed 2012-09-27
$148,000
Bakersfield
Sold 2004-10-22
$280,000
Public Record
Sold 1998-12-30
$106,000
Public Record
Sold 1994-02-17
$105,000
Public Record

Net Operating Income: 23416

Total Square Feet Living: 3400
Year Built: 1982
Property Age: 42
Levels or Stories: 2
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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.