131 Eye St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated payment $3,727/month
About This Home
Triplex opportunity with immediate income and additional upside. Two units are currently rented at $1,200 per month each, while the front unit is owner-occupied, offering future income potential for the next owner. Located near downtown Bakersfield with convenient access to shopping, services, and major roadways, this property is a solid option for investors seeking cash flow and long-term growth. Current rents are below full income potential, creating room for improved performance over time. Buyer to verify rents, expenses, unit count, zoning, and all property details.
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 $28,800
- Net Operating Income $18,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,480 | $224,765 | $36,244 | $188,521 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2026 06/10/26 | For Sale | $609,000 | -- | $212 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $155,000 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $247,500 | Negative Amortization | |
| Previous Owner | $183,750 | Negative Amortization | |
| Previous Owner | $139,500 | Purchase Money Mortgage | |
| Previous Owner | $91,496 | FHA |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202606258
APN: 010-290-02
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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