$699,000

Estimated payment $4,186/month

Total Views 2,264
-- Bed
-- Bath
3,168 Sq Ft
$221 Price per Sq Ft

About This Home

Fantastic investment opportunity! This triplex features three spacious units, each offering 3 bedrooms, 2 bathrooms, a 1-car garage, private fenced backyard, and convenient indoor laundry hookups. Every unit comes equipped with a stove and dishwasher, providing tenants with modern comforts that encourage long-term residency. Two of the units include newer HVAC systems and water heaters, helping reduce maintenance expenses and ensuring consistent income. With low vacancy rates, this property delivers dependable cash flow and peace of mind. The functional layouts and private outdoor spaces make these units highly desirable for families and working professionals alike. Ideally located close to shopping, dining, schools, and major commuter routes, this triplex enjoys strong rental demand in a sought-after neighborhood. Whether you're an experienced investor or new to the market, this turnkey property offers excellent long-term potential and immediate income.

Listing Agent

Jared Cope

The Cope Real Estate Team License #01506193 Listed on: 07/10/2025

Co-Listing Agent

Jessyca Espinoza

The Cope Real Estate Team License #01930549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1992

Parking

  • 3 Car Garage

Interior Spaces

  • 3,168 Sq Ft Home
  • 1-Story Property

Schools

  • Sandrini Elementary School
  • Thompson Middle School
  • West High School

Additional Features

  • 9,147 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 40324220

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $56,100
  • Net Operating Income $42,411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,602

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1992
  • Building Stories: 1
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.2100
  • Co List Office Mls Id: 11633
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3168.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 3
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 9147.00
  • Parcel #: 40324220

Multi Family

  • Total Annual Expense: 13189.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 56100.00
  • Property Net Operating Income: 42411.00

MLS Schools

  • Elementary School: Sandrini, L.

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,602 $231,996 $54,857 $177,139
2024 $4,511 $227,448 $53,782 $173,666
2023 $4,511 $222,989 $52,728 $170,261
2022 $4,314 $218,618 $51,695 $166,923
2021 $4,028 $214,332 $50,682 $163,650
2020 $3,911 $212,135 $50,163 $161,972
2019 $3,857 $212,135 $50,163 $161,972
2018 $3,710 $203,900 $48,216 $155,684
2017 $3,656 $199,903 $47,271 $152,632
2016 $3,465 $195,985 $46,345 $149,640
2015 $3,426 $193,042 $45,649 $147,393
2014 $4,005 $189,261 $44,755 $144,506
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $699,000 -- $221 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $148,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $269,997 Unknown
Closed $236,000 Unknown
Previous Owner $147,017 FHA
Source: Public Records

Similar Homes in Bakersfield, CA

  • 1102 Gage St, Bakersfield, CA 93305

    $640,000

    • 9 Beds
    • 3 Baths
    • 3,800 Sq Ft
    • 1102 Gage St
    • Bakersfield, CA

    A large fourplex built in 1988, featuring (4) 3bd/1ba units. All units have been updated within the past five years with modern laminate flooring and smooth skim-coated, freshly painted walls.Two units also feature granite kitchen countertops for added appeal.The property is fully occupied and currently generates $5,360 per month in gross rental income.Rents range from $1,300 to $1,400 per unit,

    Eric Van Denk Central Valley Property Advisors

    Section Image
  • 2205 Westholme Blvd, Bakersfield, CA 93309

    $775,000

    • 9 Beds
    • 5 Baths
    • 4,345 Sq Ft
    • 2205 Westholme Blvd
    • Bakersfield, CA

    This is a rare opportunity to secure a turnkey 4-unit investment property in the growing Bakersfield market. Whether you’re a first-time investor exploring residential financing or an experienced buyer completing a 1031 exchange, this property offers the flexibility, location, and income potential you’re looking for.The property features a desirable unit mix that attracts a wide tenant

    ANTHONY RODRIGUEZ THE ASSOCIATES REALTY GROUP

    Section Image
  • 6804 N Half Moon Dr, Bakersfield, CA 93309

    $750,000

    • 9 Beds
    • 3 Baths
    • 3,974 Sq Ft
    • 6804 N Half Moon Dr
    • Bakersfield, CA

    INCOME PROPERTY AT 6804 N Halfmoon, Bakersfield. Priced at 750,000. This well maintained 4-Plex income property offers a fantastic investment opportunity. All units currently rented, ensuring immediate rental income for the new owner. Offers will be reviewed and are contingent upon buyers review of the units.

    Pamela Harmon PMZ Real Estate

    Section Image
  • 4317 Parkwood Ct, Bakersfield, CA 93309

    $649,999

    • 7 Beds
    • 5 Baths
    • 4,891 Sq Ft
    • 4317 Parkwood Ct
    • Bakersfield, CA

    Back on the Market! This S.W. fourplex fully rented! All four units include 2 car garages w/ washer/dryer hookups, & are separately metered for gas & electric. These units also have private patios & all the downstairs units have small backyards! One of the two bedroom units has a long term tenant paying below market rent creating an opportunity to create an increased cash flow. Check out this

    Shanti Brinsfield Watson Realty

    Section Image
  • 223 Monterey St, Bakersfield, CA 93305

    $649,000

    • 8 Beds
    • 4 Baths
    • 3,400 Sq Ft
    • 223 Monterey St
    • Bakersfield, CA

    Four units building centrally located close to all amenities the city of Bakersfield have to offer. All units are two story two bedrooms one bathroom each. Three units have been rehab and one unit requires cosmetic repairs, exterior of the building was also remodeled and painted.

    Gilbert Ayala Gilbert Realty and Loans

    Section Image
  • 2199 Edison Hwy, Bakersfield, CA 93305

    $680,000

    • 10 Beds
    • 7 Baths
    • 4,392 Sq Ft
    • 2199 Edison Hwy
    • Bakersfield, CA

    CALLING ALL INVESTORS. Great opportunity to build your portfolio. This property offers 7 rental units and a business build. With a little TLC you have the opportunity to generate passive income. Current business owners of 7 years are interested to continue leasing the building. Call now to get more information.

    Alondra Lopez Five Star Realty

    Section Image
  • 1308 Flower St, Bakersfield, CA 93305

    $585,000

    • 8 Beds
    • 4 Baths
    • 3,432 Sq Ft
    • 1308 Flower St
    • Bakersfield, CA

    Excellent investment opportunity! This is what both new & experienced investors are looking for to make their money work for them. Beautiful 4 unit apartment building hot on the market. Each unit is a stunning 2 bedroom, 1 bathroom apartment with brand new wood flooring, ceiling fans, granite counter-tops, electric stove, dishwasher, new A/C units, new waterheaters including washer/dryer

    Jason Bruce Century 21 Doug Anderson

    Section Image
  • 1307 1311 Oregon St, Bakersfield, CA 93305

    $840,000

    • 10 Beds
    • 7 Baths
    • 4,534 Sq Ft
    • 1307 1311 Oregon St
    • Bakersfield, CA

    Attention Investors! Don't miss out on this great opportunity at 1307 and 1311 Oregon. Total of 7 Units: 1307 Oregon (4 units), 1311 Oregon (3 units), Two APNs: 015-160-18-7 & 015-160-17-9, Lot Size: 11,325 sq ft., total Building Size: 4,534 sq ft. Recent Updates include exterior paint. These properties are full of potential for investors looking to add value or generate consistent rental income.

    Diana Medina Pinnacle Estate Properties, Inc.

    Section Image
  • 2801 Alta Vista Dr, Bakersfield, CA 93305

    $699,999

    • 9 Beds
    • 5 Baths
    • 3,723 Sq Ft
    • 2801 Alta Vista Dr
    • Bakersfield, CA

    4 UNITS IN A VERY DESIRABLE AREA OF BAKERSFIELD Ca. This quadruplex offers 3 units that are two bedrooms and one bathrooms and 1 unit with three bedrooms and two bathrooms. Centralized near major shopping centers, two major freeways and local public centers. Close to Grace Memorial High school and Our Lady of Perpetual Help Catholic School. The unit is fully tenant occupied and will be sold and

    Gustavo Rodriguez BLVD ESTATE PROPERTIES

    Section Image

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202507759

Bakersfield Association of REALTORS® / GEMLS

APN: 403-242-20-00-9