12041 Sierra Way

Kernville, CA 93238

$570,000
Price
1
Beds
6
Baths
1,514 Sq. Ft.
$376 / Sq. Ft.
1,514
Sq. Ft.
$376
per Sq. Ft.

Description

Escape to the tranquil embrace of nature with this rare opportunity to own a cash flowing 6-unit multi-family property in the heart of Central California's majestic mountains. Surrounded by breathtaking vistas and an abundance of outdoor adventures, this idyllic retreat offers the perfect blend of serenity and convenience. Nestled amidst the splendor of the Central California mountains, this private enclave is a haven for outdoor enthusiasts and nature lovers alike. Embark on exhilarating hikes,...Escape to the tranquil embrace of nature with this rare opportunity to own a cash flowing 6-unit multi-family property in the heart of Central California's majestic mountains. Surrounded by breathtaking vistas and an abundance of outdoor adventures, this idyllic retreat offers the perfect blend of serenity and convenience. Nestled amidst the splendor of the Central California mountains, this private enclave is a haven for outdoor enthusiasts and nature lovers alike. Embark on exhilarating hikes, explore scenic trails, or immerse yourself in the tranquility of the great outdoors – all just steps from your doorstep. Each of the six units exudes charm and comfort, providing a cozy retreat after a day of exploration. With ample space and modern amenities, these residences offer the ideal balance of functionality and style. Whether you're seeking a peaceful weekend or a permanent escape from the hustle and bustle of city life, this multi-family property presents an unparalleled opportunity to live amidst the beauty of nature. Embrace the freedom of wide-open spaces and the serenity of mountain living in this secluded oasis. Located in a private area with plenty of space to roam, this property offers a rare chance to create the lifestyle you've always dreamed of.
  1. Listed by Liberty Edwards Lindstrom • DRE #02160065 • Brokerage DRE #01525766 • Pacific One Real Estate

Property Details for 12041 Sierra Way

View
Hills, Mountain(s)
Parking Spaces Total
1
Private Pool
No
Total Units
6.0
Lot Size Source
Public Records
Property Attached YN
true
Common Walls
2+ Common Walls, No One Above, No One Below
New Construction
No
LISTING UPDATED: 08/21/2024 12:32 PM

Property Details for 12041 Sierra Way

StatusActive
MLS #OC24101831
Days on Market165
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1950
Lot Size0.68 AC / 29,620 SF
CountyKern County

Building Information for 12041 Sierra Way

Stories1Residences-Year Built1950Building Size-Lot Size0.68 AC / 29,620 SF

Property Information for 12041 Sierra Way

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,400
  • Gross Scheduled Income: $59,340
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $56,373
  • Net Operating Income: $12,255
  • Number Of Rented Garages: 1
Expense Details
  • Operating Expense: $44,118
  • New Taxes Expense: $4,989
  • Fuel Expense: $6,669
  • Electric Expense: $19,297
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $2,836
  • Water Sewer Expense: $10,327
  • Total Expenses: $44,118
Tax / Assessment Info
  • Tax Area: 082-006
  • Tax Rate: 1128.0
  • Tax Year: 2023
  • Tax Annual Amount: $4,989
  • Tax Tract Number: 005...
  • Tax Lot: 3
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Assessments YN: No
  • Assessments: None
  • Community Features: Fishing, Foothills, Hiking, Mountainous, Rural
Property / Structure Info
Interior Features
  • Appliances: Electric Range, Electric Cooktop, Microwave, Refrigerator
  • Room Type: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • Flooring: Tile
Exterior Features
  • Entry Location: Front
  • Pool Features: None
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Improvements Amount: $320,000.00
  • Land Lease: No
  • Land Value: $120,000.00
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
Parking Info
  • Garage Spaces: 1
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,945
  • Unit Type Total Rent: $4,945
  • Unit Type Pro Forma: 7339
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Number Wall AC: 6

Property History for 12041 Sierra Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12041 Sierra Way

Taxable ValueLand$122,400Additions$326,400Total$448,800
Tax Record2023$4,989 ($416 / month)
Home Facts
Total Finished SqFt1,514 SqFtAbove Grade Finished SqFt1,514 SqFtStories1Lot Size29,620 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningCHCountyKERNAPN082-232-30-00-6

Schools near 12041 Sierra Way

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Kernville Elementary School
PublicK to 5

Woodrow Wallace Middle School
Public6 to 8

Kern Valley High School
Public9 to 12

Woodrow W. Wallace Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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12041 Sierra Way is a multi-family home for sale in Kernville, CA 93238. This property was listed for sale on May 30, 2024 by Pacific One Real Estate, it's currently listed at $570,000. It has been on the market for a total of 165 days and was last sold on December 12, 2022. This listing's school districts are Kern Union High School District, Kernville Union Elementary School District. Nearby schools include Kernville Elementary School, Woodrow Wallace Middle School and Kern Valley High School. 12041 Sierra Way is a 1-bed, 6-bath, 1,514 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific One Real Estate

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.