$450,000
PENDING

407 Washington Ave Bakersfield, CA 93308

Total Views 5,401
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Don't miss this rare opportunity to own a brand-new triplex featuring paid-off solar, offering exceptional energy savings and low operating costs. This thoughtfully designed property includes two 1-bedroom, 1-bath unitsideal for steady rental income or extended-stay tenantsand a spacious 3-bedroom, 2-bath ADU perfect for an owner-occupant or premium renter.Built with long-term value, modern finishes, and minimal maintenance in mind, this property is move-in ready and income-producing from day one. Each unit is equipped with contemporary kitchens, stylish flooring, and efficient layouts that attract quality tenants. Whether you're expanding your portfolio or looking to live in one unit while generating strong cash flow from the others, this is a high-yield, low-hassle investment opportunity that stands out from the rest.

Listing Agent

Michael Melendez

Central Valley Property Adviso License #02139374 Listed on: 10/17/2025

Co-Listing Agent

Eric Van Denk

Central Valley Property Adviso License #02071696

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Parking

  • Carport

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Additional Features

  • 1-Story Property
  • 5,233 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11321200

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $42,000
  • Net Operating Income $32,500

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

5,233 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2025
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1201
  • Co List Office Mls Id: 11174
  • Special Features: NewHome
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 5233.00
  • Parcel #: 11321200

Multi Family

  • Total Annual Expense: 9525.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 42000.00
  • Property Net Operating Income: 32500.00

MLS Schools

  • Elementary School: Wingland

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2026 01/09/26 Pending -- -- --
11/03/2025 11/03/25 Price Changed $450,000 -6.1% --
10/17/2025 10/17/25 For Sale $479,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202511773

Bakersfield Association of REALTORS® / GEMLS
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