1503 Pacific Street

Bakersfield, CA 93305

$535,000
Price
9
Beds
5
Baths
3,520 Sq. Ft.
$152 / Sq. Ft.
3,520
Sq. Ft.
$152
per Sq. Ft.

Description

Nice big building in the heart of East Bakersfield. Unit mix consists of front house 3 bedroom one and a half bathrooms and the other 3 units are 2-bedroom one bathroom. Recent upgrades on the sewer line and the water line with cooper finishes. Very long-term tenants, stable and easy to manage. Parking is in the front of the building for the front house and five parking spaces in the back for the other three units. Each unit has separately meters. Owner pays water and trash.Nice big building in the heart of East Bakersfield. Unit mix consists of front house 3 bedroom one and a half bathrooms and the other 3 units are 2-bedroom one bathroom. Recent upgrades on the sewer line and the water line with cooper finishes. Very long-term tenants, stable and easy to manage. Parking is in the front of the building for the front house and five parking spaces in the back for the other three units. Each unit has separately meters. Owner pays water and trash.
  1. Listed by Juan Beltran • DRE #01802418 • Brokerage DRE #01914184 • Excellence RE Real Estate

Property Details for 1503 Pacific Street

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Excellence RE Real Estate
Add your commute
LISTING UPDATED: 04/04/2024 11:29 PM

Property Details for 1503 Pacific Street

StatusActive
MLS #DW24066490
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1967
Lot Size0.18 AC / 7,841 SF
CountyKern County

Location

Listing Courtesy of Excellence RE Real Estate
Add your commute

Building Information for 1503 Pacific Street

Stories1Residences-Year Built1967Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$3,448 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,920

Property Taxes

$528

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1503 Pacific Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $41,640
  • Gross Scheduled Income: $44,040
  • Net Operating Income: $41,640
Expense Details
  • Operating Expense: $2,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,700
  • Total Expenses: $2,400
Tax / Assessment Info
  • Tax Block: 163
  • Tax Tract Number: 163
  • Tax Census Tract: 12.02
  • Tax Lot: 163
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 2
  • Pool Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,020
  • Unit Type Total Rent: $1,020
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $825
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $825
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1503 Pacific Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1503 Pacific Street

Taxable ValueLand$100,000Additions$320,000Total$420,000
Tax Record2023$6,332 ($528 / month)
Home Facts
Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtStories1Lot Size7,840 SqFtStyleQuadraplexYear Built1967ZoningR-3CountyKERNAPN015-130-23-00-3Fireplace TypeHas Fireplace

Schools near 1503 Pacific Street

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Williams Elementary School
PublicK to 6

Walter Stiern Middle School
Public6 to 8

East Bakersfield High School
Public9 to 12

Bessie E. Owens Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1503 Pacific Street is a multi-family home for sale in Bakersfield, CA 93305. This property was listed for sale on April 3, 2024 by Excellence RE Real Estate, it's currently listed at $535,000. It has been on the market for a total of 29 days and was last sold on October 7, 2022. This listing's school districts are Kern Union High School District, Bakersfield City School District. Nearby schools include Williams Elementary School, Walter Stiern Middle School and East Bakersfield High School. 1503 Pacific Street is a 9-bed, 5-bath, 3,520 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Excellence RE Real Estate

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.