12041 Sierra Way

Kernville, CA 93238

$570,000
Price
1
Beds
1
Bath
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 • Pacific One Real Estate

Property Details for 12041 Sierra Way

Living Area
1514
Area
Kernville (KVLE)
Lot Size Area
29620
Source Lot Size Area
404
Home owner Dues
$0
Assessor Parcel Number
08223230006
Directions
Take I-5 N to the CA-99 N to CA-58 W Merge onto CA-178 E/24th St Take exit 43 for CA-155 toward Lake Isabella/Kernville Turn left onto CA-155 W/Kernville Rd/Wofford Heights Blvd Continue straight onto Wofford Blvd Turn Right onto Sierra Way
LISTING UPDATED: 08/21/2024 08:29 PM

Property Details for 12041 Sierra Way

StatusActive
MLS #OC24101831MR
Days on Market161
Taxes$4,989 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1950
CountyKern County

Building Information for 12041 Sierra Way

Building/Complex12041 Sierra WayFloor-Stories1Residences-Pet Policy-Year Built1950Building Size-

Property Information for 12041 Sierra Way

Community / Development
Community / Development
  • Number Of Units: 6
  • Community Features: Fishing, Foothills, Hiking, Mountainous, Rural
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Public Records
  • Number Of Stories: 1
  • Unit Floor In Building: 1
  • View: Yes
  • View Description: Hills
  • Guest House: None
  • Entry Floor Number: 1
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Gross Operating Income: $56,373
  • Net Operating Income: $12,255.00
  • Vacancy Allow Percent: 5.00%
  • Total Annual Expense: 44118
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 1.0
  • Telephone: 0.0
  • Cable: 0.0
  • Electric: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Gas: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Land Value: $120,000.00
  • Assessments: None
Parking Details
Parking Details
  • Total Parking: 1
  • Garage Spaces Total: 1
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Fireplace Rooms: None
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Equipment: Laundry Area, Microwave, Refrigerator
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • Cooking Appliances: Microwave, Range
  • Laundry: Laundry Area
  • Disability Access: Other Main Level Modifications
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
Lease Terms
Lease Terms
  • Listing Terms: Cash, Cash To Existing Loan, Conventional, Freddie Mac, Private Financing Available
  • Rent Control: No
  • Tenant Pays: All Utilities
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,945.00
  • Unit Actual Rent: $4,945.00
  • Unit Projected Rent: $7,339.00
  • Like Units: 6
Unit Details
  • Number of Electric Meters: 6
  • Number of Gas Meters: 1
  • Number Leased: 6
  • Number Range: 6
  • Number Refrigerator: 6
  • Number Rented Garages: 1
  • Number Wall AC: 6
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Tax Rate: 1,128.00%
  • Tax Rate Year: 2023
  • Improvements Amount: $320,000
  • Assessed Improvement Value: $320,000.00
  • Assessed Land Value: $120,000.00

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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Similar Sold 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 29, 2024 by Pacific One Real Estate, it's currently listed at $570,000. It has been on the market for a total of 161 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, 1-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.