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$499,980   Price Analysis
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26880 John St
Boron, CA 93516
16 bed 12 bath 6,552 SqFt ($76/SqFt)
0.71 acre lot. Built 1945
Listed 2024-03-19, Taxes $2,637
USDA Eligible
near Boron, CA
 Restrictions may apply
due to home size

SIX Units consisting of THREE large duplex buildings each over 2000 sq ft (for a combined Sq Ftage Over 6000 Sq ft)

On almost a full Acre. There is a LOT of real estate here for the price. One of the cheapest multi-family opportunities in Southern California on the market at this prce point. Building is under professional property management with mostly performing tenants (changes from month to month).

A lot of upside if units are rehabbed and rents are set closer to market rate, owner has already done so with one of the units which is highlighted in the fina ncials.


Presented by Jarrod Whitehorn at TODAY for all your Real Estate Needs at
Jarrod Whitehorn, Broker.
Listing Agent Photo

Property MLS #SW24055047 from CRMLS

Bedrooms: 16

Full Bathrooms: 12

Lot Description: Lot 20000-39999 Sqft
Lot Size Acres: 0.7078
Lot Size Source: Assessor
Lot Size Square Feet: 30831

Number of Units: 6
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2

Number of Units Leased: 6
Rent Control: Yes

Community Features: Rural

Source Listing Status: Active
County: Kern
Cap Rate: 8.40
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: BORN - Boron
Source Neighborhood: BORN - Boron
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 6
Parcel Number: 24437103002
Postal Code Plus 4: 1900
Trash Expense: 1836.00
Zoning: R-3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$146,880 + $11,220
$158,100
$2,637
2021$144,000 + $11,000
$155,000
$2,320
2020$35,713 + $5,492
$41,205
$881
2019$35,013 + $5,385
$40,398
$874
2018$34,327 + $5,280
$39,607
$865
2017$33,654 + $5,177
$38,831
$864
2016$32,995 + $5,076
$38,071
$820
2015$49,258 + $4,541
$53,799
$991
2014$48,294 + $4,453
$52,747
$978
2013$48,076 + $4,433
$52,509
$976
2012$47,134 + $4,347
$51,481
$963
2011$46,210 + $4,262
$50,472
$1,302
2010$45,865 + $4,231
$50,096
$1,269
2009$45,974 + $4,242
$50,216
$1,270
2007$45,073 + $4,159
$49,232
$1,202
2006$44,190 + $4,078
$48,268
$1,155

Price Changed 2024-04-02
$499,980
CRMLS
Listed 2024-03-19
$499,990
CRMLS
Listing removed 2023-03-18
$0
CRMLS
Price Changed 2022-08-01
$399,990
CRMLS
Listed 2022-07-28
$374,990
CRMLS
Sold 2020-10-27
$170,000
Public Record
Listing removed 2018-10-19
$501
CRISNET
Listing removed 2018-10-19
$501
CRISNET
Listing removed 2015-12-31
$501
CRISNET
Listing removed 2015-12-13
$500
GreaterAntelope
Listing removed 2015-12-13
$500
GreaterAntelope
Listing removed 2015-07-13
$501
CRISNET
Listed for rent 2015-07-06
$501
CRISNET
Listed for rent 2015-07-06
$500
GreaterAntelope
Listed for rent 2015-04-13
$500
GreaterAntelope
Listed for rent 2015-04-11
$501
CRISNET
Sold 2015-03-17
$45,000
Public Record
Sold 1989-11-27
$50,000
Public Record

Net Operating Income: 42208.00

Total Square Feet Living: 6552
Year Built: 1945
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 79
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Boron Junior-Senior High School is a public middle and high school located approximately 0.6 miles away.
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West Boron Elementary School is a public elementary school located approximately 2.4 miles away.
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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.