303 El Tejon, Bakersfield, CA 93308

Bakersfield
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
303 El Tejon,Bakersfield, CA 93308
$415,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ernesto osuna
Office: d best realty inc
MLS#:NS26075410
Source:CAREIL

Price summary

  • Price:$415,000

About this home

Well-maintained triplex in North Bakersfield offering strong in-place income. The property features a spacious front home along with two rear units that are exceptionally clean and turnkey, making this an ideal opportunity for investors seeking a low-maintenance asset. The property currently generates approximately $43,000+ in annual income with a net operating income exceeding $32,000, providing immediate cash flow from day one. The rear units have been well cared for and are rent-ready, reducing future capital expenditures and minimizing downtime. In addition to its current performance, there remains upside potential through gradual rent adjustments and operational improvements, offering both stability and growth. Conveniently located near major roads, shopping, and employment centers, this property continues to attract consistent tenant demand.

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Home facts

  • Year built:1938
  • Listing ID #:NS26075410
  • Added:34 day(s) ago
  • Updated:May 14, 2026 at 04:19 PM

Heating and cooling

  • Cooling:Central Air, Central Forced Air - Electric
  • Heating:Central Forced Air, Electric

Structure and exterior

  • Year built:1938
  • Lot area:0.16 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$415,000

Features and amenities

  • Laundry features:In Laundry Room

Parking

  • Parking description:Gate / Door Opener, Other
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