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$259,000   Price Analysis
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208 Browning Rd
McFarland, CA 93250
4 bed 2 bath 1,525 SqFt ($169/SqFt)
7,405SqFt lot. Built 1987
Listed 2022-10-10, Taxes $1,161
USDA Eligible
near McFarland, CA
 

We are pleased to present for sale these two houses on one lot featuring two

* No Longer For Sale *
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Two (2) bedroom, one (1) bathroom units. The offering is situated on a 7405 sq. ft. lot and has a gross rentable square footage of 1525 sq. ft. This is a true value-add opportunity with rents 15-20% below market value and not to mention all utilities (including water) are paid for by the tenants which in-turn will notceably increase your NOI.

McFarland is about 25 minutes north of Bakersfield and is deeply rooted in the agriculture business which is the leading employer for the town. The enticing unit mix and rental upside, not to mention few landlord responsibility, is all the reason why these properties would be a good fit for your portfolio.





Property MLS #202204722 from Bakersfield

Bedrooms: 4

Cooling Features: Central AC
Heating Features: Heat & Cool: , Central Heat, Heat & Cool: , Central Heat

Full Bathrooms: 2

Lot Dimensions Source: SqFt
Lot Size Acres: 0.1699954
Lot Size Source: (GIS (approx.))
Lot Size Square Feet: 7405

Garage Description: 0.00 / Carport
Parking Features: Carport

Elementary School: Browning Road
High School: McFarland
Middle School: McFarland

Mcfarland High School is a public high school located approximately 0.5 miles away.
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Browning Road Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

McFarland Junior High is a public middle school located approximately 0.7 miles away.
directions icon Map directions

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 700.00
Unit 2 Total Actual Rent: 650.00

Number of Units Vacant: 3

Source Listing Status: Sold
County: Kern
Cap Rate: 0.05
Disclaimer: Data is Copyright 2022 BAOR INFORMATION DEEMED RELIABLE, BUT NOT VERIFIED OR GUARANTEED.
Source Property Type: Residential Income
Area: 98
Source Neighborhood: 98
Parcel Number: 20116426
Zoning: R2
Property Subtype: 2 homes on 1 Lot
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$65,896 + $5,967
$71,863
$1,161
2021$64,604 + $5,850
$70,454
$1,041
2020$63,942 + $5,791
$69,733
$980
2019$62,689 + $5,678
$68,367
$932
2018$61,460 + $5,567
$67,027
$922
2017$60,255 + $5,458
$65,713
$902
2016$59,074 + $5,351
$64,425
$891
2015$58,187 + $5,271
$63,458
$877
2014$57,048 + $5,168
$62,216
$845
2013$56,791 + $5,145
$61,936
$850
2012$55,678 + $5,045
$60,723
$802
2011$54,587 + $4,947
$59,534
$799
2010$54,180 + $4,911
$59,091
$795
2009$54,309 + $4,923
$59,232
$797
2007$53,245 + $4,827
$58,072
$1,621
2006$52,201 + $4,733
$56,934
$1,573

Listing removed 2024-01-21
$0
Bakersfield
Listed 2023-12-09
$290,000
Bakersfield
Listing removed 2023-12-08
$0
Bakersfield
Price Changed 2023-10-17
$290,000
Bakersfield
Relisted 2023-10-02
$300,000
Bakersfield
Listing removed 2023-10-01
$0
Bakersfield
Listed 2023-08-25
$300,000
Bakersfield
Sold 2022-10-24
$250,000
Bakersfield
Listed 2022-10-10
$259,000
Bakersfield

Total Square Feet Living: 1525
Year Built: 1987
Building Exterior Type: Stucco, Wood
Foundation Details: Slab
Property Age: 35
Roof: Composition
Levels or Stories: 1
Structure Type: Residential Income

Sewer: Sewer

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.