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$980,000
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3619 M St
Bakersfield, CA 93301
Unknown bed None bath 7,270 SqFt ($134/SqFt)
0.48 acre lot. Built 1957
Listed 2024-04-25, Taxes $16,804
Ⓧ USDA Ineligible
due to price & location

near Bakersfield

Latest Value Estimates: $970,000 from Collateral Analytics on 2024-04-17. Forecast Estimate Value:$961,748 in 2025-02-01 by Collateral Analytics.

Seller Financing Available This is your opportunity to purchase 13 units in Bakersfield.

The property is centrally located near the downtown area and Northern Bakersfield. The units are mix use and include a mix of 1 bedroom, 1 bath and studios.

The units ar located near area shopping centers, downtown area, local parks.


Presented by Michael Aaro Freedman at
American Real Estate.


Property MLS #202404016 from Bakersfield

Lot Dimensions Source: SqFt
Lot Size Acres: 0.4799816
Lot Size Source: (Public Record)
Lot Size Square Feet: 20908

Garage Description: Uncovered
Parking Features: Uncovered

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Hills, Stella
Elementary School District: Bakersfield City
High School: North
Middle School: Emerson

Stella I. Hills Elementary School is a public elementary school located approximately 0.1 miles away.
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Emerson Middle School is a public middle school located approximately 2.3 miles away.
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North High School is a public high school located approximately 2.5 miles away.
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Eternity Preparatory Highland Academy is a private elementary, middle and high school located approximately 0.1 miles away.
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Number of Units: 13

Number of Units Vacant: 0
Vacancy Allowance: 0.01

City Region: Bakersfield
Source Listing Status: Active
County: Kern
Cap Rate: 0.13
Source Property Type: ResidentialIncome
Area: 10
Source Neighborhood: The Palo Verde Tract
Postal Code Plus 4: 1383
Subdivision: The Palo Verde Tract
Property Subtype: 11 Plus
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$710,940 + $64,260
$775,200
$16,804
2021$697,000 + $63,000
$760,000
$13,269
2020$525,297 + $58,366
$583,663
$10,950
2019$514,998 + $57,222
$572,220
$10,807
2018$504,900 + $56,100
$561,000
$10,633
2017$385,607 + $51,159
$436,766
$9,229
2016$378,047 + $50,156
$428,203
$8,686
2015$372,369 + $49,403
$421,772
$8,612
2014$365,075 + $48,436
$413,511
$8,385
2013$363,426 + $48,218
$411,644
$8,476
2012$356,300 + $47,273
$403,573
$8,503
2011$349,314 + $46,347
$395,661
$8,437
2010$346,704 + $46,001
$392,705
$8,241
2009$347,528 + $46,111
$393,639
$8,199
2007$340,714 + $45,207
$385,921
$7,334
2006$334,034 + $44,321
$378,355
$6,803

Listing removed 2024-04-26
$0
Bakersfield
Listed 2024-04-25
$980,000
Bakersfield
Price Changed 2023-12-13
$980,000
Bakersfield
Listed 2023-11-22
$1,050,000
Bakersfield
Listing removed 2023-11-18
$0
Bakersfield
Relisted 2023-10-02
$1,050,000
Bakersfield
Listing removed 2023-10-01
$0
Bakersfield
Price Changed 2023-09-09
$1,050,000
Bakersfield
Listed 2023-08-25
$1,105,000
Bakersfield
Sold 2020-09-01
$760,000
Bakersfield
Listing removed 2020-01-03
$0
Bakersfield
Listed 2019-10-31
$958,400
Bakersfield
Sold 2017-06-13
$445,000
Public Record
Sold 2003-05-16
$400,000
Public Record
Sold 2002-12-31
$210,000
Public Record
Sold 2001-08-08
$110,000
Public Record

Net Operating Income: 122658.3999999

Total Square Feet Living: 7270
Year Built: 1957
Property Age: 67
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.