131 Eye St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated payment $3,604/month
About This Home
Discover a fantastic investment opportunity reflecting pride of ownership with this charming triplex, located in a well-established and highly sought-after neighborhood. This property offers three spacious rental units, each featuring comfortable living spaces, newer roof, newer A/C units, newer block fence, indoor laundry and convenient access to local amenities. The front house features 3 bedrooms, 1 bathroom and a two car garage. The back units consist of two bedrooms, one bathroom with carport parking as well as drive way and street parking. The occupants are long term tenants and all units are well maintained. Situated in the heart of Bakersfield, it is perfect for those seeking a reliable income stream or a multi-generational living solution. Don't miss out on the chance to own a piece of a great potential for long-term growth. Schedule your tour today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Interior Spaces
- 2,875 Sq Ft Home
- 1-Story Property
Parking
- 2 Car Garage
- Carport
- Uncovered Parking
Schools
- Roosevelt Bak Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 7,405 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01029002
Community Details
Overview
- 3 Units
- The Heck Subdivision
Building Details
- Gross Income $21,600
- Net Operating Income $600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,396 | $220,359 | $35,534 | $184,825 |
| 2024 | $4,287 | $216,039 | $34,838 | $181,201 |
| 2023 | $4,287 | $211,804 | $34,155 | $177,649 |
| 2022 | $4,156 | $207,652 | $33,486 | $174,166 |
| 2021 | $3,872 | $203,581 | $32,830 | $170,751 |
| 2020 | $3,771 | $201,495 | $32,494 | $169,001 |
| 2019 | $3,698 | $201,495 | $32,494 | $169,001 |
| 2018 | $3,620 | $193,673 | $31,233 | $162,440 |
| 2017 | $3,593 | $189,876 | $30,621 | $159,255 |
| 2016 | $3,347 | $186,154 | $30,021 | $156,133 |
| 2015 | $3,317 | $183,359 | $29,571 | $153,788 |
| 2014 | $3,213 | $179,768 | $28,992 | $150,776 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Price Changed | $610,000 | -0.8% | $212 / Sq Ft |
| 05/17/2025 05/17/25 | Price Changed | $615,000 | -2.4% | $214 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $630,000 | -- | $219 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202503864
APN: 010-290-02
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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