$445,000
$34K PRICE DROP

407 Washington Ave Bakersfield, CA 93308

Bakersfield Area

Estimated payment $2,889/month

Total Views 9,374
5 Beds
3 Baths
2,120 Sq Ft
$210 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

Eric Van Denk

Central Valley Property Advisors Brokerage Phone: 419-206-7117 License #02071696 Listed on: 10/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Lot Details

  • 5,233 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 20
  • Assessor Parcel Number 11321212003
  • $1,853 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Trash Expense $60
  • Water Sewer Expense $100
  • Operating Expense $9,525
  • 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

  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 11321212003
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 209.91

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5233.00
  • Lot Size Acres: 0.1201

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 5233.0000 Square Feet
  • Net Operating Income: 32500.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9525.00
  • Rent Control: No
  • Total Expenses: 9525.00

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 20
  • TaxOtherAnnualAssessmentAmount: 1853.00

Map

Range of Values:

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Value Increase
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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
05/21/2026 05/21/26 Sold $425,000 -4.5% $369 / Sq Ft View Prior Sale
05/07/2026 05/07/26 Pending -- -- --
04/30/2026 04/30/26 Price Changed $445,000 0.0% $210 / Sq Ft
04/29/2026 04/29/26 Price Changed $445,000 -0.9% $386 / Sq Ft
04/07/2026 04/07/26 For Sale $449,000 -6.3% $390 / Sq Ft
10/20/2025 10/20/25 For Sale $479,000 -- $226 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MD25243128

California Regional Multiple Listing Service (CRMLS)

APN: 113-212-12-00-3

California Kern County Bakersfield 93308

407 Washington Ave, Bakersfield, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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Eric Van Denk
Listing Agent
Eric Van Denk
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Central Valley Property Advisors
(419) 206-7117
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