922 South Union Avenue

Bakersfield, CA 93307

$1,500,000
Price
5
Beds
23
Baths
2,391 Sq. Ft.
$627 / Sq. Ft.
2,391
Sq. Ft.
$627
per Sq. Ft.

Description

The park has a permit for 62 spaces. It consists of 10 mobile home spaces and 52 large RV spaces. In addition, there is 1 house on Lomita and 1 house on Union. The property consists of 3 separate parcels. 922 S. Union and 908 & 910 Lomita St. The lots on Lomita are large deep lots. The lots' back portion is part of the RV/mobile home park. The house in the front portion of 910 was demolished, and the back portion has 6 spaces. The front portion of 908 has a large house, and the back portion has 9...The park has a permit for 62 spaces. It consists of 10 mobile home spaces and 52 large RV spaces. In addition, there is 1 house on Lomita and 1 house on Union. The property consists of 3 separate parcels. 922 S. Union and 908 & 910 Lomita St. The lots on Lomita are large deep lots. The lots' back portion is part of the RV/mobile home park. The house in the front portion of 910 was demolished, and the back portion has 6 spaces. The front portion of 908 has a large house, and the back portion has 9 spaces. 922 south union has 47 spaces and a house in front. The park pays for spaces’ utilities, but they are sub-metered for electricity, and the new park owner can increase revenue by billing the tenants for it. The park pays for water at a flat rate. The tenants have a month-to-month lease, but they are long-term tenants. The park is located across the street from Golden West Casino and Kern County fairgrounds, which has high traffic, especially on weekends. Since vendors at the fairgrounds set up shop on Friday afternoons for weekend events, the park could be repositioned from long-term to short-term tenancy to cater to these vendors. Similarly, the park can provide short-term tenancy to cater to the Golden West Casino clients. The sale includes 25 park-owned trailers. 4 are unassigned to a space. Additionally, the park is in an Opportunity zone. The park is sold as a package with 100 Hudson Dr., Bakersfield, CA. They are priced separately. The total price is a combination of 922 S. Union and 100 Hudson.
  1. Listed by Pauline Vela • DRE #01212545 • Brokerage DRE #01212545 • Imperial Estate Management • vela.pauline@yahoo.com

Property Details for 922 South Union Avenue

Parking Spaces Total
64
Private Pool
No
Total Units
64.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 06/24/2024 09:57 AM

Property Details for 922 South Union Avenue

StatusActive
MLS #SR23119464
Days on Market425
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income / Combo - Res and Com
Year Built1923
Lot Size1.92 AC / 83,782 SF
CountyKern County

Building Information for 922 South Union Avenue

Stories1Residences-Year Built1923Lot Size1.92 AC / 83,782 SF

Property Information for 922 South Union Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $128,984
  • Gross Scheduled Income: $459,264
  • Net Operating Income: $275,558
  • Cap Rate: 12.0
Expense Details
  • Operating Expense: $183,706
  • New Taxes Expense: $27,293
  • Fuel Expense: $0
  • Electric Expense: $86,830
  • Insurance Expense: $0
  • Maintenance Expense: $35,754
  • Professional Management Expense: $0
  • Other Expense: $11,255
  • Other Expense Description: Misc
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $161,132
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 25.01
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Street
  • Pool Features: None
Land/Lot Info
  • Additional Parcels Description: 169-180-06-00-1, 169-180-07-00-4
  • Lot Features: 2-5 Units/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 64
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,145
  • Unit Type Total Rent: $3,145
  • Unit Type Pro Forma: 3145
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 10
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $5,457
  • Unit Type Total Rent: $5,457
  • Unit Type Pro Forma: 5457
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 11
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 11
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6545
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 32
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 31
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 19040
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 922 South Union Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 922 South Union Avenue

Taxable ValueLand$369,423Additions$232,734Total$602,157
Tax Record2023$24,467 ($2,039 / month)
Home Facts
Total Finished SqFt981 SqFtAbove Grade Finished SqFt981 SqFtLot Size79,714 SqFtStyleRecreationalYear Built1923ZoningC-2CountyKERNAPN169-180-38-00-4

Schools near 922 South Union Avenue

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rafer Johnson
PublicK to 8

Sequoia Middle School
Public7 to 8

Mira Monte High School
Public9 to 12

Vista Continuation High School
Public9 to 12

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.

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922 South Union Avenue is a mixed use property for sale in Bakersfield, CA 93307. This property was listed for sale on July 10, 2023 by Imperial Estate Management, it's currently listed at $1,500,000. It has been on the market for a total of 425 days and was last sold on September 13, 2011. This listing's school districts are Kern Union High School District, Bakersfield City School District. Nearby schools include Rafer Johnson, Sequoia Middle School and Mira Monte High School. 922 South Union Avenue is a 5-bed, 23-bath, 2,391 sqft mixed use property built in 1923.

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 Imperial Estate Management

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.