$1,550,000 Price Analysis    ♡   Bakersfield, CA 93301 Unknown bed None bath 11,283 SqFt ($137/SqFt) 0.74 acre lot. Built 1976 Listed 2024-05-29, Taxes $8,861 | Ⓧ USDA Ineligible due to price & location near Bakersfield |
Looking for somewhere to complete your 1031 Exchange? Look no further than 3510-3520 Jewett Ave.
This 12 unit mixed multifamily property has been consistently producing exceptional cash flow since its inception. The property conssts on 2 single family homes 260k/door, 1 duplex 150k/door and an 8-unit apartment building 103.75k/door.
Due to low vacancy and high rental demand this property will be sure to produce consistent returns for years to come.
Presented by Joseph M. Skracic at
Benchmark Real Estate Group.
Property MLS #202405204 from Bakersfield
Cooling Features: Central AC, Central Heat
Heating Features: Central AC, Central Heat
Central AC
Central Heat
Heating Features: Central AC, Central Heat
Central AC
Central Heat
Lot Dimensions Source: SqFt
Lot Size Acres: 0.7399908
Lot Size Source: (Public Record)
Lot Size Square Feet: 32234
Lot Size Acres: 0.7399908
Lot Size Source: (Public Record)
Lot Size Square Feet: 32234
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Hills, Stella
Elementary School District: Bakersfield City
High School: North
Middle School: Emerson
Elementary School District: Bakersfield City
High School: North
Middle School: Emerson
Stella I. Hills Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions
Map directionsEmerson Middle School is a public middle school located approximately 2.2 miles away.
Map directions
Map directionsNorth High School is a public high school located approximately 2.6 miles away.
Map directions
Map directionsEternity Preparatory Highland Academy is a private elementary, middle and high school located approximately 0.1 miles away.
Map directions
Map directionsNumber of Units: 12
Number of Units Vacant: 2
Vacancy Allowance: 2
Vacancy Allowance: 2
City Region: Bakersfield
Source Listing Status: Active
County: Kern
Cap Rate: 0.07
Source Property Type: Residential Income
Area: 21
Source Neighborhood: Jewett Subdivision
Subdivision: Jewett Subdivision
Property Subtype: 11 Plus
Source System Name: C2C
Source Listing Status: Active
County: Kern
Cap Rate: 0.07
Source Property Type: Residential Income
Area: 21
Source Neighborhood: Jewett Subdivision
Subdivision: Jewett Subdivision
Property Subtype: 11 Plus
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $427,838 + $22,225 $450,063 | $8,861 |
| 2021 | $419,450 + $21,790 $441,240 | $8,231 |
| 2020 | $415,150 + $21,567 $436,717 | $8,008 |
| 2019 | $407,010 + $21,145 $428,155 | $7,901 |
| 2018 | $399,030 + $20,731 $419,761 | $7,771 |
| 2017 | $391,207 + $20,325 $411,532 | $7,754 |
| 2016 | $383,538 + $19,927 $403,465 | $7,243 |
| 2015 | $377,778 + $19,628 $397,406 | $7,192 |
| 2014 | $370,379 + $19,244 $389,623 | $6,997 |
| 2013 | $368,706 + $19,158 $387,864 | $7,082 |
| 2012 | $361,477 + $18,783 $380,260 | $7,108 |
| 2011 | $354,390 + $18,415 $372,805 | $7,055 |
| 2010 | $351,743 + $18,278 $370,021 | $6,894 |
| 2009 | $352,579 + $18,322 $370,901 | $6,874 |
| 2007 | $345,667 + $17,963 $363,630 | $6,216 |
| 2006 | $338,890 + $17,611 $356,501 | $5,796 |
Price Changed 2024-06-18
$1,550,000
Bakersfield
Listed 2024-05-29
$1,650,000
Bakersfield
Sold 2007-08-31
$545,000
Public Record
$1,550,000
Bakersfield
Listed 2024-05-29
$1,650,000
Bakersfield
Sold 2007-08-31
$545,000
Public Record
Net Operating Income: 111447.1399999
Total Square Feet Living: 11283
Year Built: 1976
Property Age: 48
Levels or Stories: 1
Year Built: 1976
Property Age: 48
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.