Bakersfield, CA 93305,1218 King ST

$77,900

$79,900

2.5%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

1,134 SqFt


SOLD DATE : 07/17/2014

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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California Regional MLS (CRMLS)
Listed by JOSEPH LOPEZ • FIRST CLASS PROPERTIES
Bought with JOSEPH LOPEZ • FIRST CLASS PROPERTIES
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