Bakersfield, CA 93307 922 S Union Avenue

Pending
922 S Union Avenue Bakersfield, Ca - Image 1922 S Union Avenue Bakersfield, Ca - Image 2922 S Union Avenue Bakersfield, Ca - Image 3
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922 S Union Avenue Bakersfield, Ca - Image 4922 S Union Avenue Bakersfield, Ca - Image 5922 S Union Avenue Bakersfield, Ca - Image 6
Presented By: Pauline Vela with Imperial Estate Management; vela.pauline@yahoo.com
  • MLS# SR23119464
  • 07/10/2023
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  • BedBeds • 27
  • BathBaths • 3
  • FootageSQFT • 2,391

Home Details

The park has a permit for 62 spaces. It consists of 10 mobile home spaces and 52 large RV spaces. In addition, there is 1 house on Lomita and 1 house on Union. The property consists of 3 separate parcels. 922 S. Union and 908 & 910 Lomita St. The lots on Lomita are large deep lots. The lots' back portion is part of the RV/mobile home park. The house in the front portion of 910 was demolished, and the back portion has 6 spaces. The front portion of 908 has a large house, and the back portion has 9 spaces. 922 south union has 47 spaces and a house in front. The park pays for spaces’ utilities, but they are sub-metered for electricity, and the new park owner can increase revenue by billing the tenants for it. The park pays for water at a flat rate. The tenants have a month-to-month lease, but they are long-term tenants. The park is located across the street from Golden West Casino and Kern County fairgrounds, which has high traffic, especially on weekends. Since vendors at the fairgrounds set up shop on Friday afternoons for weekend events, the park could be repositioned from long-term to short-term tenancy to cater to these vendors. Similarly, the park can provide short-term tenancy to cater to the Golden West Casino clients. The sale includes 25 park-owned trailers. 4 are unassigned to a space. Additionally, the park is in an Opportunity zone. The park is sold as a package with 100 Hudson Dr., Bakersfield, CA. They are priced separately. The total price is a combination of 922 S. Union and 100 Hudson.
Presented By: Pauline Vela with Imperial Estate Management; vela.pauline@yahoo.com

Interior Features for 922 S Union Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 922 S Union Avenue

Additional Parcels Description169-180-06-00-1, 169-180-07-00-4
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate12.0
Carport Y/NNo
CityBakersfield
Community FeaturesStreetLights
CountyKern
Days on Market228
DirectionsS. Union and E. Belle Terrace
Electric Expense86830.0
Entry LocationStreet
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income128984.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet83782.0
MLS AreaBKSF - Bakersfield
MaintenanceExpense35754.0
MobileHomeRemainsYNNo
Net Operating Income275558.0
New ConstructionNo
Open Parking Spaces64.0
Operating Expense183706.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Street NameUnion
Tax Lot6
Taxes$27,293
Total Units64
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1923
Year Built SourcePublicRecords
ZoningC-2

Exterior for 922 S Union Avenue

Building Area Total2391.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres1.9234
Lot Size Area83782.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters1
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking64.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,300,000
MLS#SR23119464
List Date 07/10/2023
Property Type Pending
Phone 714.964.3311
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