$77,900
$79,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
1218 King ST Bakersfield, CA 93305
3 Beds
1 Bath
1,134 SqFt
Key Details
Sold Price $77,900
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,134 sqft
Price per Sqft $68
MLS Listing ID CV14121811
Sold Date 07/17/14
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1912
Lot Size 3,005 Sqft
Property Description
***Investment Property *** 3 bedroom 1 bath home with tenant in place. Cash on Cash Return = 9.5%. Operating Expenses at 18% as no maintenance required. Annual Gross Rent is 8.3. Property has New HVAC unit with 5 year warranty, New Hot Water Heater, New Bathroom, and 50% of plumbing has been retrofitted to copper. Tenant wishes to stay, been there 2 years paying $800 per mo. Property is SFR (Single Family Residence) on Commercial/Industrial Zoning.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Exterior
Fence Block
Pool None
Community Features Suburban
Utilities Available Sewer Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Story One
Entry Level One
Foundation Slab
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 0141001000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with JOSEPH LOPEZ • FIRST CLASS PROPERTIES