303 El Tejon Ave Bakersfield, CA 93308
Estimated payment $2,807/month
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
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 |
|---|---|---|---|---|
| 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 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2026 06/05/26 | Pending | -- | -- | -- | |
| 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 |
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 |
|---|---|---|---|
| Grant Deed | $395,000 | Ticor Title Company | |
| Trustee Deed | $244,199 | None Available |
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
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS26075410
APN: 113-123-10-00-8
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Ask me questions while you tour the home.