Bakersfield, CA 93304 700 Pine Street

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Presented By: Larry Moreland with Larry Moreland Real Estate; 661-201-8820
  • MLS# PI24047158
  • 03/07/2024
  • Request Tour
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  • BedBeds • 7
  • BathBaths • 4
  • FootageSQFT • 2,558
  • GarageGarage • 1

Home Details

Oleander 4 unit building perfect for savvy investor. Classic 1950s income property features a duplex and apartment. All unit's feature (3) 2-bedrooms and 1-bathroom with (1) 1-car garage. Color coating done ready for paint. Owner replaced main sewer line, gas line and water line to street in 2004. Front unit of Duplex building was replumbed 2017. Upstairs unit over garage replumbed 2017 and new electrical and panel 2000. All unit entry doors open out and have been replaced with more durable fiberglass doors 2017. Front Duplex unit's feature framed in porches. Back unit over garage has Bon Air A/C unit replaced 2000 which feeds to unit below. Duplex building has two Bon Air Evaporative coolers replaced 2019. Property is in a row of similar triplex properties close to church, school, eateries downtown and shopping. Big upside potential in rental income with permitted 4th unit.
Presented By: Larry Moreland with Larry Moreland Real Estate; 661-201-8820

Interior Features for 700 Pine Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup, Inside
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 700 Pine Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityBakersfield
Community FeaturesCurbs, Gutters, StreetLights, Sidewalks, Urban
CountyKern
Days on Market47
DirectionsHwy 99 to California Ave exit to Oak St to Palm St to Pine St
Electric Expense0.0
Entry Locationfront
Fuel Expense0.0
Garage Spaces1.0
Garage Y/NYes
Gross Income34200.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet8162.0
MLS AreaBKSF - Bakersfield
MaintenanceExpense579.0
MobileHomeRemainsYNNo
Net Operating Income30200.0
New ConstructionNo
Number of Units Leased4
Open Parking Spaces3.0
Operating Expense4000.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NamePine
Tax LotP
Tenant PaysElectricity, Gas
Total Actual Rent34200.0
Total Units4
Trash Expense0.0
View Y/NNo
Water Sewer Expense100.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor

Exterior for 700 Pine Street

Building Area Total2558.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, FrontYard, Lawn, Level, RectangularLot
Lot Size Acres0.1874
Lot Size Area8162.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesConcrete, DoorSingle, Driveway, Garage, SharedDriveway
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $499,950
MLS#PI24047158
List Date 03/07/2024
Property Type Multi-Family
Phone 714.964.3311
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