303 EL TEJON AVENUE, Bakersfield, CA 93308
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
303 EL TEJON AVENUE,Bakersfield, CA 93308
$415,000
- - Beds
- - Baths
- 1,848 sq. ft.
- Multi-family
- Active
Listed by: ernesto osuna hernandez, stephanie m nava
Office: d best realty, inc.
MLS#:202603268
Source:BF
Price summary
- Price:$415,000
- Price per sq. ft.:$224.57
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 #:202603268
- Added:1 day(s) ago
- Updated:March 28, 2026 at 02:30 PM
Rooms and interior
- Living area:1,848 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central
Structure and exterior
- Year built:1938
- Building area:1,848 sq. ft.
- Lot area:0.16 Acres
- Levels:1 Story
Schools
- High school:North
- Middle school:Standard
- Elementary school:Standard
Finances and disclosures
- Price:$415,000
- Price per sq. ft.:$224.57
Parking
- Parking description:Uncovered
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