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110 E Roberts Ln, Bakersfield, CA 93308

$702,994

Last sold 06/28/2021 for $500K

—
bed
—
bath
4,811
Sqft ($104/Sqft)

House not for sale

About 110 E Roberts Ln

Property type House

Neighborhood

Year built 1965

HOA fee $0/month

Lot size 0.28 Acre

Movoto estimate

Property description

Lets Discuss Real Estate Investing Together ASAP and we can discuss this nicely designed 7 unit apartment opportunity in North Bakersfield. On this large, multiple unit zoned lot you will have 4 individual buildings totaling up to 7 rentable units. A total of 2 of the 7 are upstairs and a total of 5 of the units are downstairs. The floor plans are comfortable and well liked by the residents. This property also offers excellent parking with both front of the property parking and rear of the property parking. The rear parking access is by way of an alley. The location of the property allows residents to easily access downtown Bakersfield, East Bakersfield, Bakersfield Community College (BC) or Southwest Bakersfield as you travel down Airport Drive. This well designed building should be on your VIEW list soon!

Listed by

Listing Agent - Mike Saba

Listing Agent Contact: 661-203-8406

Listing Office - Watson Realty

Source: GEMLS

MLS#202104692 • last updated 5 years ago

Movoto checked GEMLS for data 5 minutes ago

Overview
Levels/Style	2
MLS #	202104692
SqFt	4811
SubType	5 - 10 Units
Status	Sold
Type	Residential Income
Lot Size (SqFt)	12400
Year Built	1965

Exterior
# Parking Spaces	7
Parking	Uncovered

Location
County	Kern
Subdivision	McCoy
Neighborhood	Oildale
Middle School	Standard
High School	North
Elementary School	Standard
Elementary School District	Standard

Multifamily Details
Total # of Units	7
Vacancy Factor	2
Annual Net Income	32962
Cap Rate %	0.07
Annual Gross Income	60000
Total Annual Expense	27038

$702K

Range: $632K-$773K

Last 30 days

Lower your payment with the loan terms that fit you.

Jun 2021
MLS # 202104692
Jun 28, 2021 Sold
$500,000
May 17, 2021 Pending
—
Apr 30, 2021 Listed
$506,000 (+90.9%)
Jun 2021
Public Records
Jun 25, 2021 Sold
$500,000 (-1.2%)
Sep 2003
Public Records
Sep 19, 2003 Sold
$265,000 (+76.7%)
Apr 2001
Public Records
Apr 30, 2001 Sold
$150,000

Year Property taxes Tax assessment
2024
$12,584 +3.8%

$541,213 +4.04%
2023
$12,122 +4.5%

$520,199
2022
$11,596 +26.5%

$520,199 +2.0%
2021
$9,164

$510,000 +46.52%
2020
$9,164

$348,065

110 E Roberts Ln
$500K
Mobile Town
$245K -10% y/y
93308
$355K 0% y/y
Bakersfield
$442K +3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
108 E Roberts Ln, Bakersfield, CA 93308	$168,000	2/1	1,092	0.01
114 E Roberts Ln, Bakersfield, CA 93308	$146,000	2/1	648	0.02
107 E Moneta Ave, Bakersfield, CA 93308	$240,000	3/2	1,341	0.03
109 E Moneta Ave, Bakersfield, CA 93308	$143,000	1/1	564	0.04
113 E Moneta Ave, Bakersfield, CA 93308	$185,000	1/2	704	0.04
115 E Moneta Ave, Bakersfield, CA 93308	$223,000	2/1	836	0.05
307 Wistaria St, Bakersfield, CA 93308	$138,000	1/1	490	0.06
110 E Moneta Ave, Bakersfield, CA 93308	$230,000	2/1	924	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.