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402 Mccord Avenue, Bakersfield, CA 93308
13
beds
10
baths
10
ft2
· 40347
ft2 lot
$750,000
$75,000 / ft2
Listing provided courtesy of JAVIER HERNANDEZ, HOME BASE REALTY INV INC.
Source CRMLS.
BEA UTIFUL INCOME PROPERTY THAT HAS BEEN 80% UPGRADED,NEWER CONCRETE THAT WAS IMPROVED IN JANUARY 2015,WOOD FENCE THROUGHOUT THE ENTIRE 40K PLUS LOT WITH POTENTIAL TO BUILD ADDITIONAL UNITS. 4 UNITS 1-1 REMODEL IN 2015 WITH ANOTHER 3 UNITS 1-1 REMODEL IN DEC-2016. 3 SINGLE FRONT UNITS ARE 2-1 WITH PRIVATE YARDS THAT WERE REMODELED IN 2018-2019. NEWER WROUGHT IRON IN THESE 3 FRONT UNITS. BACK FOURPLEX ARE 1-1 WITH PRIVATE OWN YARDS. GREAT LOCATION WITH LOTS OF POTENTIAL FOR YOUR INVESTORS TO CAN ADD TO THEIR PORTFOLIO. WASHER & LAUNDRY ROOM READY TO HAVE WASHER AND DRYERS FOR EXTRA INCOME WITH EXTRA ROOM FOR MORE MACHINES. OVER 150K IN UPGRADES INCLUDING PLUMBING PIPES REPLACEMENT AND NEWER GAS LINES. HURRY THESE UNITS WONT LOST!!!!
HOA
$0/month
On market
10 months
Year built
1960
Property type
Multi-Family
Parking
MLS
CV20139062
Price / Sq.Ft.
$75,000 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $750,000
Rebate:
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Negotiating Power:
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+$146/day
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Best
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$3,750
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$3,750
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Discount Brokerage
$2,575
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$2,575
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Property Details
Interior Features & Layout
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 10.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Zoning: R-2
•   
Lot Features: Lot Over 40000 Sqft
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.9262
•   
Lot Size Area: 40347.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 5
•   
Total Units: 10
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 10
•   
Number Of Separate Gas Meters: 10
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Special Assessments, Buyer to Verify
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: Electricity, Gas, Telephone
•   
Gross Operating Income: 86328.00
•   
Water Sewer Expense: 3864.00
•   
Supplies Expense: 0.00
•   
Licenses Expense: 0.00
•   
Pest Control Expense: 0.00
•   
Cap Rate: 7.45
•   
Total Actual Rent: 7194.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 2772.00
•   
New Taxes Expense: 11250.00
•   
Insurance Expense: 3250.00
•   
Professional Management Expense: 6000.00
•   
Pool Expense: 0.00
•   
Total Expenses: 30386.00
•   
Gross Scheduled Income: 86328.00
•   
Tax Block: 29
•   
Operating Expense: 30386.00
•   
Gardener Expense: 2400.00
•   
Gross Multiplier: 6.70
•   
Furniture Replacement Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 0.00
Lease Info
•   
Net Operating Income: 55942.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 850.00
•   
Cable Tv Expense: 0.00
Multi Unit Information
Unit 10 Information
•   
Unit 10 Bathrooms: 1
•   
Unit 10 Garage Spaces: 0.00
•   
Unit 10 Actual Rent: 711.00
•   
Unit 10 Total Units: 1
•   
Unit 10 Total Rent: 711.00
•   
Unit 10 Bedrooms: 1
•   
Unit 10 Furnished Units: Unfurnished
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 950.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 950.00
Unit 7 Information
•   
Unit 7 Garage Spaces: 0.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 625.00
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 625.00
•   
Unit 7 Bedrooms: 1
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 900.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 900.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Garage Spaces: 0.00
•   
Unit 8 Actual Rent: 550.00
•   
Unit 8 Total Units: 1
•   
Unit 8 Total Rent: 550.00
•   
Unit 8 Bedrooms: 1
•   
Unit 8 Furnished Units: Unfurnished
Multi Unit Information
•   
Number Wall Ac: 10
•   
# Of Units: 10
•   
Number Of Units Leased: 10
•   
Price Per Unit: 75000
Unit 9 Information
•   
Unit 9 Bathrooms: 1
•   
Unit 9 Garage Spaces: 0.00
•   
Unit 9 Actual Rent: 711.00
•   
Unit 9 Total Units: 1
•   
Unit 9 Total Rent: 711.00
•   
Unit 9 Bedrooms: 1
•   
Unit 9 Furnished Units: Unfurnished
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 700.00
•   
Unit 1 Total Rent: 700.00
Unit 4 Information
•   
Unit 4 Actual Rent: 711.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 711.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 711.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 711.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Unit 6 Information
•   
Unit 6 Actual Rent: 625.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 625.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Garage Spaces: 0.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Suburban
•   
Directions: Take 5-Fwy N-to 99 Fwy N Exit Airport Drive to Roberts Lane Right-to Oildale Right to McCord Left
Other
Calculation
•   
Dom: 1
•   
Cdom: 1
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 11, 2021 10:19pm
Neighborhood snapshot
11
Properties for sale
12.5
Median days on market
$156.88
Median sold price/sqft
97.57%
Sold/List %
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Property History
07/14/2020
07/14/2020
CRMLS #CV20139062
active
CRMLS #CV20139062
$750,000
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