Check Availability
Bakersfield 93305
1408 Monterey Street
$279,000
↓ $1K (0.4%)
Land - For Sale

1408 Monterey Street

Bakersfield, CA 93305
bedrooms
Studio
bathrooms
0 Bath
$1,370
Estimated Monthly
$0
HOA / Fees

About This Property

The original building burned down and all that remained was the foundation. The owner has approved plans from the city.  All utilities are at the site and can be reconnected once the construction is started. Great rental are, very easy to rent.
This is a lot in a well developed section of the City of Bakersfield.  The seller is selling the foundation with approved plans to rebuild 3 Two Bedroom units.  This is an Great opportunity to build new units and received the rental income. The area is very developed and It is close to Kern Medical Center where you can get some great tenants.  All plans will be delivered to new buyer upon and acceptable offer.
Unit Size
-
Days on Market
263 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1962
Listed By
Raul Novales
Help U Sell Wisdom Realty
Last updated: 5 months ago (MRMLSCA #PW23148126)

Price History

Date / Event Date Event Price
Dec 2, 2023 Price Decreased $279,000
↓ $1K (0.4%)
Price Decreased
Aug 9, 2023 Listed by Help U Sell Wisdom Realty $280,000
Listed by Help U Sell Wisdom Realty
Mar 10, 2021 Sold to Nava David R Torres $220,000
Sold to Nava David R Torres

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,537
  • Total Building Area: 2,516
  • Gross Building Area: 2,516
  • Building Area: 2,516
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TOWN OF KERN
  • Land Acres: 0.173
  • Legal Description 1: CITY KERN , BLOCK 32 , LOT 2324

Ownership

  • Current Owner : MAEDAS LLC
  • Previous Owner : TORRES NAVA DAVID R
  • Owner Before Previous Owner: DIAZ DAVID S
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kern High School District
  • Census Tract: 001202

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 2443-A4
  • Account Number: 015260128
  • Parcel: 015-260-12-00-9
  • Block: 32
  • Lot: 2324
  • Latitude: 35.3785
  • Longitude: -118.98

    Address

  • Full Address: 1408 Monterey St
  • Address - House Number: 1408
  • Address - Street Name: Monterey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Bakersfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 4825
  • Zip Code: 93305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,135
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-496

    Appraisal Valuation

  • Standard Deviation: 0.088
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 277,593
  • High Value: 302,041
  • Low Value: 253,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,560
  • Assessed Land Value: $79,560

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11864431282
  • Current Sale Price: $78,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 221210220
  • Previous Sale Recording Date: Mar 10, 2021
  • Previous Sale Contract Date: Feb 10, 2021
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: ALAN R DAVIDSON TRUST
  • Previous Mortgage Transaction Date: Mar 10, 2021
  • Previous Mortgage Loan Amount: $195,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Apr 01, 2022

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$310,000 Mar 3, 2023
-
-
Commercial
Loft
-
-
$264,990 May 5, 2023
-
-
Multifamily
Stu
-
1,254 ft²
$230/ft²
$289,000 Aug 8, 2023
-
-
Multifamily
Stu
-
1,812 ft²
$161/ft²
$291,500 Jun 12, 2023
-
-
Multifamily
4 Beds
2 Baths
1,414 ft²
$183/ft²
$259,000 Apr 28, 2023
-
-

About Bakersfield


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Frequently Asked Questions

When was property at 1408 Monterey Street built and last sold?
The property at 1408 Monterey Street was built in 1962 and last sold on Nov 2, 2021 for $78,000.
How much is this home worth?
The estimated value of the home located at 1408 Monterey Street is $282,800.
What are some comparable homes to 1408 Monterey Street?
Homes that are comparable to 1408 Monterey Street include a land property at 1908 Niles, a commercial property at 621 Monterey Street, a multifamily property at 1406 Pacific Street.

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