$699,000

3504 Palm St Bakersfield, CA 93309

Park Stockdale Neighborhood

Estimated payment $4,391/month

-- Bed
-- Bath
2,118 Sq Ft
$330 Price per Sq Ft

About This Home

3504 & 3508 Palm Street present an exceptional investment opportunity with two side-by-side triplexes on one lot in Southwest Bakersfield, west of Highway 99. Built in 1966 and totaling approximately 4,236 square feet, each of the six units offers a spacious 2-bedroom / 1-bath layout. Current rents range from $675 to $750, while the average rent in the submarket is $1,246giving the next owner remarkable value-add potential through repositioning and rent growth. The property also features off-street parking and an on-site laundry room, making it even more appealing to tenants and investors seeking strong upside in a desirable, high-demand rental area.

Listing Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 11/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Parking

  • Uncovered Parking

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Heated Floors

Schools

  • Harris Elementary School
  • Curran Middle School
  • Bakersfield High School

Additional Features

  • 0.29 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 02015026

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $54,948
  • Net Operating Income $15,186

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1966
  • Building Stories: 2
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2118.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Curran

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 02015026

Multi Family

  • Total Annual Expense: 38922.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 6
  • Existing Lease Type: Net
  • Annual Gross Income: 54948.00
  • Property Net Operating Income: 15186.00

MLS Schools

  • Elementary School: Harris, C.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $699,000 -- $330 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202512831

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93309 Park Stockdale

3504 Palm St, Bakersfield, CA

For Sale

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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Marc Thurston
Listing Agent
Marc Thurston
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ASU Commercial
(661) 616-3585