400 E Belle Terrace Bakersfield, CA ^$ 395,000

400 E Belle Terrace

^$ 395,000

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Recently Listed

400 E Belle Terrace

Bakersfield, CA, 93307

^$ 395,000

Studio Baths0.0 Sq 1,372

Monthly Estimate*

^$ 2,759

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $395,000. This 1,372 square foot home was built in 1930.

Great opportunity in SE Bakersfield to own 2 units on almost 1/2 acre lot zoned R3. Plenty of room for additional units. Front house features 2 brs, 1.75 baths, spacious great room, large open kitchen, large primary bedroom with bath, laundry hookups inside home. Back unit features 1 br and bath, small living room and kitchen. Newer composition roofs on both units. Tenants have been in units for years and the tenant in front house would like to stay. Tenant in back unit will be vacating. Rents are very low. Lot size on public record is incorrect, lot line adjustment in process. Lots of possibilities.

Multi-Family Active

Price

^$ 395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

2 homes on 1 Lot

Year Built

1930

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202403508

Features

Exterior

Parking Features Carport

Garages 0

Parking 3.00

Lot Size Units SqFt

Lot Size Source (Public Record)

General

Year Built 1930

Neighborhood Martin Luther King

Stories 1

Property SubType 2 homes on 1 Lot

Gross Income 14382.00

County Kern

Net Operating Income 11338.00

Property Type Residential Income

Close Price 0.00

Status Active

High School Mira Monte

City Bakersfield

Disclosures None of the Above

Total Units 2

MLS Area 41

Lot Size Square Feet 11325.00

Street Name Belle

Elementary School Casa Loma

Middle/Junior High School Sequoia

Days on Market 13

Elementary School District Bakersfield City

Cap Rate 0.03

Interior

Street Suffix Terrace

Internal Only

Street Number 1 400

* Excluded Features

List By

Greg L Holland

Listing Agent

Coldwell Banker Preferred,Rlt

Broker

gholland@cbbakersfield.com

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$2,759

Per Month

Monthly Principal & Interest: $2,759
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$827,485

Percent of Sale Price 109%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1905136 Elementary School

1905093 Middle School

Mira Monte High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$395,000		Listed Price

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400 E Belle Terrace, Bakersfield, CA, 93307 is a Multi-Family Home for sale at $395,000 with 1,372 sqft. 400 E Belle Terrace is a studio with 0.0 baths and was built in 1930. The property's zip code is 93307 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 4/25/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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400 E Belle Terrace

Multi-Family Home for sale in Bakersfield, CA

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