303 El Tejon Ave Bakersfield, CA 93308
Estimated payment $2,744/month
Total Views
21,790
4
Beds
3
Baths
1,848
Sq Ft
$225
Price per Sq Ft
Highlights
- Gated Parking
- Central Heating and Cooling System
- 1-Story Property
- Laundry Room
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.
Listing Agent
D Best Realty Inc Brokerage Phone: 661-606-4259 License #02027338 Listed on: 04/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Lot Details
- 7,168 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,848 Sq Ft Home
- 1-Story Property
- Dining Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Gravel Driveway
- Gated Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 35
- Tax Tract Number 1053
- Assessor Parcel Number 11312310008
- $1,946 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
- Valley
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Electric Expense $3,249
- Water Sewer Expense $889
- Operating Expense $11,847
- Gross Income $43,881
- Net Operating Income $32,034
Map
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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 | $6,709 | $277,000 | $55,000 | $222,000 |
| 2024 | $3,621 | $402,900 | $56,100 | $346,800 |
| 2023 | $3,621 | $155,000 | $35,000 | $120,000 |
| 2022 | $3,454 | $155,000 | $35,000 | $120,000 |
| 2021 | $3,316 | $155,000 | $35,000 | $120,000 |
| 2020 | $3,125 | $150,000 | $30,000 | $120,000 |
| 2019 | $2,999 | $140,000 | $30,000 | $110,000 |
| 2018 | $2,921 | $140,000 | $30,000 | $110,000 |
| 2017 | $2,864 | $135,000 | $25,000 | $110,000 |
| 2016 | $2,697 | $135,000 | $30,000 | $105,000 |
| 2015 | $2,514 | $120,000 | $30,000 | $90,000 |
| 2014 | $2,038 | $80,000 | $15,000 | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $415,000 | +5.1% | $225 / Sq Ft | |
| 04/20/2023 04/20/23 | Sold | $395,000 | -1.0% | $214 / Sq Ft | View Prior Sale |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- | |
| 04/01/2023 04/01/23 | For Sale | $399,000 | -- | $216 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $395,000 | Ticor Title Company | |
| Trustee Deed | $244,199 | None Available |
Source: Public Records
About the Listing Agent
At D Best Realty, we take pride in being a forward-thinking, client-focused brokerage dedicated to transparency and excellence. Our expertise lies in developing tailored marketing strategies, staying ahead of market trends, and utilizing our extensive experience in negotiation to achieve outstanding results. By prioritizing clear communication and effective problem-solving, we aim to make the real estate process seamless and stress-free. As a bilingual, community-oriented team, we are committed
Ernesto's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26075410
APN: 113-123-10-00-8
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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