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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 unts. 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 noticeably increase your NOI.

McFarland is about 25 minutes north of Bakersfield and is deeply rooted in the agriculture business whic h 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.
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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.