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$279,000   Price Analysis
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18265 Thomas Ln
Shafter, CA 93263
Unknown bed None bath unknown SqFt ($0/SqFt)
7,311SqFt lot. Built 1985
Listed 2024-05-18, Taxes $1,730		✓ USDA Eligible
near Shafter, CA
 

Attention INVESTORS (Or homebuyers who want to also generate some rental income)!

* Has Contingent Offer *

Cash-producing two-homes-on-one lot in one of California's BEST rental markets - Shafter, CA. Over $20k n annual income (unit A @ $900; unit B @ $800). LONG TERM tenants. Can also be sold with Unit A vacant so buyer can get owner-occu pied financing.

Each house is 2-bedroom, 2-bath. LOW VACANCY area with massive employment opportunities in vicinity. Or - live in one and rent the other - lots of possibilities. This is a set-it and forget easy addition to your retirement or cash-flow portfolio.


Presented by Tara Lyons at
Miramar International-Riverwal.
Listing Agent Photo

Property MLS #202404871 from Bakersfield

Cooling Features: Evaporative
Heating Features: Evaporative
Evaporative

Lot Dimensions Source: SqFt
Lot Size Acres: 0.1678375
Lot Size Source: (Assessor)
Lot Size Square Feet: 7311

Garage Description: Uncovered
Parking Features: Uncovered

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Other-Outlying
High School: Shafter
Middle School: Other-Outlying

Golden Oak Elementary School is a public elementary school located approximately 0.8 miles away.
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Shafter High School is a public high school located approximately 1.6 miles away.
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Grimmway Academy Shafter is a public elementary and middle school located approximately 0.3 miles away.
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Kern Sda Elementary School is a private elementary and middle school located approximately 0.7 miles away.
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Number of Units: 2

Number of Units Vacant: 0
Vacancy Allowance: 0.01

City Region: Shafter
Source Listing Status: ActiveUnderContract
County: Kern
Cap Rate: 0.06
Source Property Type: ResidentialIncome
Area: 95
Source Neighborhood: 95
Postal Code Plus 4: 2814
Property Subtype: 2 homes on 1 Lot
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$46,411 + $17,403
$63,814		$1,730
2021$45,501 + $17,062
$62,563		$1,578
2020$45,035 + $16,888
$61,923		$1,492
2019$44,152 + $16,557
$60,709		$1,456
2018$43,287 + $16,233
$59,520		$1,388
2017$42,439 + $15,915
$58,354		$1,382
2016$41,607 + $15,603
$57,210		$1,339
2015$40,983 + $15,369
$56,352		$1,312
2014$40,181 + $15,068
$55,249		$1,278
2013$26,010 + $15,606
$41,616		$1,126
2012$25,500 + $15,300
$40,800		$893
2011$25,000 + $15,000
$40,000		$1,091
2010$77,000 + $30,000
$107,000		$1,851
2009$77,000 + $30,000
$107,000		$1,908
2007$163,159 + $23,308
$186,467		$2,890
2006$214,200 + $30,600
$244,800		$1,720

Price Changed 2024-06-12
$279,000
Bakersfield
Price Changed 2024-06-06
$285,000
Bakersfield
Price Changed 2024-06-03
$287,000
Bakersfield
Listed 2024-05-18
$289,000
Bakersfield
Sold 2013-06-14
$2,300,000
Public Record
Sold 2011-03-04
$40,000
Public Record
Listing removed 2010-08-30
$107,000
Bakersfield
Listed 2010-05-14
$107,000
Bakersfield
Sold 2006-01-20
$230,000
Public Record
Sold 2005-04-22
$140,000
Public Record
Sold 1996-05-24
$50,000
Public Record
Sold 1993-07-28
$30,000
Public Record

Net Operating Income: 16320

Year Built: 1985
Property Age: 39
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.