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$380,000   Price Analysis
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519 Monterey St
Bakersfield, CA 93305
Unknown bed None bath 2,418 SqFt ($157/SqFt)
7,405SqFt lot. Built 1984
Listed 2024-05-30, Taxes $2,918
Ⓧ USDA Ineligible
due to location

near Bakersfield

Looking to 1031 Exchange? Perfect opportunity to turn one door into three!

Very low vcancy. Gu aranteed income and rents are due to be raised with a ton of room to grow.

Contact me for more info.


Presented by Joshua Stone at
Benchmark Real Estate Group.


Property MLS #202405289 from Bakersfield

Cooling Features: Evaporative
Heating Features: Evaporative
Evaporative

Lot Dimensions Source: SqFt
Lot Size Acres: 0.1699954
Lot Size Source: (Public Record)
Lot Size Square Feet: 7405

Garage Description: Uncovered
Parking Features: Uncovered

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 0.7 miles away.
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Washington Middle School is a public middle school located approximately 1.4 miles away.
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Bakersfield High School is a public high school located approximately 1.9 miles away.
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Our Lady Of Guadalupe is a private elementary and middle school located approximately 0.9 miles away.
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Number of Units: 3

Number of Units Vacant: 1
Vacancy Allowance: 1

City Region: Bakersfield
Source Listing Status: Active
County: Kern
Cap Rate: 0.07
Source Property Type: Residential Income
Area: 31
Source Neighborhood: Bakersfield
Postal Code Plus 4: 4371
Subdivision: Bakersfield
Property Subtype: 3 Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$79,057 + $24,321
$103,378
$2,918
2021$77,507 + $23,845
$101,352
$2,646
2020$76,713 + $23,601
$100,314
$2,548
2019$75,209 + $23,139
$98,348
$2,500
2018$73,735 + $22,686
$96,421
$2,452
2017$72,290 + $22,242
$94,532
$2,429
2016$70,873 + $21,806
$92,679
$2,301
2015$69,809 + $21,479
$91,288
$2,273
2014$68,442 + $21,059
$89,501
$2,204
2013$68,133 + $20,964
$89,097
$2,223
2012$66,798 + $20,553
$87,351
$2,229
2011$65,489 + $20,150
$85,639
$2,216
2010$116,054 + $30,395
$146,449
$2,898
2009$116,054 + $30,395
$146,449
$2,892
2007$180,921 + $47,384
$228,305
$4,232
2006$218,484 + $57,222
$275,706
$4,003

Price Changed 2024-07-02
$380,000
Bakersfield
Listed 2024-05-30
$410,000
Bakersfield
Sold 2005-05-17
$265,000
Public Record
Sold 2004-11-12
$165,000
Public Record
Sold 1990-11-02
$73,000
Public Record

Net Operating Income: 25658.43999999

Total Square Feet Living: 2418
Year Built: 1984
Property Age: 40
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.