$565,000    ♡   Bakersfield, CA 93305 Unknown bed None bath 3,782 SqFt ($149/SqFt) 0.29 acre lot. Built 1971 Listed 2024-04-01, Taxes $7,829 | Ⓧ USDA Ineligible due to location near Bakersfield |
Latest Value Estimates: $574,000 from Collateral Analytics on 2024-04-17. $554,752 from Quantarium on 2024-04-03. Forecast Estimate Value:$567,389 in 2025-02-01 by Collateral Analytics. $552,334 in 2025-04-01 by Quantarium.
An opportunity to grow your investment portfolio with this 5 unit co mplex in Bakersfield.
This cmplex features three units that are 2 bedroom, 1 bathroom and two units that are 1 bedroom, 1 bathroom. This property has an open courtyard with a large grass area, covered carport for parking and private storage for tenants.
Property is currently professionally managed and brings in $4650 in gross rents with a 6% CAP. Seller may finance.
Presented by Mark Clemmer at
Clemmer and Company Real Estat.
Property MLS #202403064 from Bakersfield
Cooling Features: Evaporative
Heating Features: Evaporative
Evaporative
Heating Features: Evaporative
Evaporative
Lot Dimensions Source: SqFt
Lot Size Acres: 0.2899908
Lot Size Source: (Public Record)
Lot Size Square Feet: 12632
Lot Size Acres: 0.2899908
Lot Size Source: (Public Record)
Lot Size Square Feet: 12632
Garage Description: Carport
Parking Features: Carport
Parking Features: Carport
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Mann, Horace
Elementary School District: Bakersfield City
High School: East
Middle School: Stiern, Walter
Elementary School District: Bakersfield City
High School: East
Middle School: Stiern, Walter
East Bakersfield High School is a public high school located approximately 0.4 miles away.
Map directions
Map directionsHorace Mann Elementary School is a public elementary school located approximately 0.9 miles away.
Map directions
Map directionsEmerson Middle School is a public middle school located approximately 2.5 miles away.
Map directions
Map directionsBethel Christian is a private elementary, middle and high school located approximately 0.8 miles away.
Map directions
Map directionsNumber of Units: 5
Number of Units Vacant: 0
Vacancy Allowance: 0.1
Vacancy Allowance: 0.1
City Region: Bakersfield
Source Listing Status: Active
County: Kern
Cap Rate: 0.06
Source Property Type: ResidentialIncome
Area: 31
Source Neighborhood: Pacific Improvement Companys S
Postal Code Plus 4: 4968
Subdivision: Pacific Improvement Companys S
Property Subtype: 5 - 10 Units
Source System Name: C2C
Source Listing Status: Active
County: Kern
Cap Rate: 0.06
Source Property Type: ResidentialIncome
Area: 31
Source Neighborhood: Pacific Improvement Companys S
Postal Code Plus 4: 4968
Subdivision: Pacific Improvement Companys S
Property Subtype: 5 - 10 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $300,636 + $42,046 $342,682 | $7,829 |
| 2021 | $294,742 + $41,222 $335,964 | $7,415 |
| 2020 | $291,720 + $40,800 $332,520 | $7,244 |
| 2019 | $117,571 + $20,843 $138,414 | $4,731 |
| 2018 | $115,266 + $20,435 $135,701 | $5,407 |
| 2017 | $113,006 + $20,035 $133,041 | $5,190 |
| 2016 | $110,791 + $19,643 $130,434 | $2,572 |
| 2015 | $109,127 + $19,348 $128,475 | $2,570 |
| 2014 | $106,990 + $18,969 $125,959 | $2,507 |
| 2013 | $106,507 + $18,884 $125,391 | $2,530 |
| 2012 | $104,419 + $18,514 $122,933 | $2,518 |
| 2011 | $102,372 + $18,151 $120,523 | $2,488 |
| 2010 | $101,607 + $18,016 $119,623 | $2,452 |
| 2009 | $101,849 + $18,059 $119,908 | $2,460 |
| 2007 | $99,852 + $17,705 $117,557 | $2,323 |
| 2006 | $97,895 + $17,358 $115,253 | $2,215 |
Listed 2024-04-01
$565,000
Bakersfield
Listing removed 2024-03-28
$0
Bakersfield
Price Changed 2023-12-06
$580,000
Bakersfield
Price Changed 2023-11-05
$599,000
Bakersfield
Listed 2023-10-24
$630,000
Bakersfield
Sold 2022-09-20
$550,000
Bakersfield
Listed 2022-08-27
$550,000
Bakersfield
Sold 2019-06-06
$326,000
Bakersfield
Relisted 2019-05-24
$350,000
Bakersfield
Listing removed 2019-04-19
$0
Bakersfield
Listing removed 2019-04-18
$350,000
Bakersfield
Listed 2019-03-22
$350,000
Bakersfield
$565,000
Bakersfield
Listing removed 2024-03-28
$0
Bakersfield
Price Changed 2023-12-06
$580,000
Bakersfield
Price Changed 2023-11-05
$599,000
Bakersfield
Listed 2023-10-24
$630,000
Bakersfield
Sold 2022-09-20
$550,000
Bakersfield
Listed 2022-08-27
$550,000
Bakersfield
Sold 2019-06-06
$326,000
Bakersfield
Relisted 2019-05-24
$350,000
Bakersfield
Listing removed 2019-04-19
$0
Bakersfield
Listing removed 2019-04-18
$350,000
Bakersfield
Listed 2019-03-22
$350,000
Bakersfield
Net Operating Income: 35191
Total Square Feet Living: 3782
Year Built: 1971
Property Age: 53
Levels or Stories: 1
Year Built: 1971
Property Age: 53
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.