922 South Union Avenue

Bakersfield, CA 93307

$1,500,000
Price
5
Beds
3
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 • Imperial Estate Management

Property Details for 922 South Union Avenue

Zoning
C-2
Living Area
2391
Area
Bakersfield (BKSF)
Lot Size Area
83782
Assessor Parcel Number
16918038004
Directions
S. Union and E. Belle Terrace
LISTING UPDATED: 06/24/2024 06:08 PM

Property Details for 922 South Union Avenue

StatusActive
MLS #SR23119464MR
Days on Market425
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size1.92 AC / 83,782 SF
CountyKern County

Building Information for 922 South Union Avenue

Stories1Residences-Year Built1923Building Size-Lot Size1.92 AC / 83,782 SF

Property Information for 922 South Union Avenue

Community / Development
Community / Development
  • Number Of Units: 64
  • Community Features: Street Lights
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Public Records
  • Number Of Stories: 1
  • Unit Floor In Building: 1
  • Guest House: None
  • Entry Floor Number: 1
  • Water: Public
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $275,558.00
  • Cap Rate: 12.00%
  • Total Annual Expense: 161132
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 2.0
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 64
  • Open Other Spaces Total: 64
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Common Walls: Detached/No Common Walls
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $3,145.00
  • Unit Actual Rent: $3,145.00
  • Unit Projected Rent: $3,145.00
  • Like Units: 6
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,457.00
  • Unit Actual Rent: $5,457.00
  • Unit Projected Rent: $5,457.00
  • Like Units: 10
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,545.00
  • Like Units: 11
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 3
Unit 6 Information
  • Unit Beds: 0
  • Unit Baths: 0
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $19,040.00
  • Like Units: 32
Unit Details
  • Number of Electric Meters: 1
  • Number of Gas Meters: 2
  • Number 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 multi-family home 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, 3-bath, 2,391 sqft multi-family home 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.