NOT LISTED FOR SALE
2 Beds
1 Bath
2,505 Sq Ft
10,018 Sq Ft Lot

Sale Details

Date Sold: March 13, 2026

Last sale price $299,500 $120 Per Sq Ft

29 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of March 2026

Located at 715-717-719 31st Street in central Bakersfield, this value-add triplex offers a rare opportunity to acquire three detached homes on one lot for $299,500. Built in 1947 and totaling approximately 2,505 square feet, the property includes a 1-bedroom/1-bath unit that is currently vacant and ready for a full rehab, alongside a 2-bedroom/1-bath unit renting for $925 and a 3-bedroom/1.75-bath unit renting for $1,000. With upside through renovation and rent stabilization, the property is projected to achieve a gross scheduled income of $33,840 once fully stabilized, making it an attractive option for investors seeking both immediate cash flow and long-term appreciation potential.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 01/15/2026

Last Buyer's Agent

Paulina Diaz

D Best Realty, Inc. License #02185818

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 10,018

Parking

  • Uncovered Parking

Interior Spaces

  • 2,505 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Hills Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 10,018 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00208104

Community Details

Overview

  • 3 Units
  • Homaker Park Subdivision

Building Details

  • Gross Income $33,840
  • Net Operating Income $16,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

10,018 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1947
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.2300
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2505.00

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: Emerson

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 10018.00
  • Parcel #: 00208104

Multi Family

  • Total Annual Expense: 16028.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 33840.00
  • Property Net Operating Income: 16720.00

MLS Schools

  • Elementary School: Hills, Stella

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2026
Closed on
Feb 19, 2026
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Paulina Diaz
D Best Realty, Inc.
List Price
$350,000
Sold Price
$299,500
Premium/Discount to List
-$50,500
-14.43%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,259
Interest Rate
0.061%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
0.0816%

Purchase Details

Closed on
Dec 24, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$299,500 Placer Title
$47,000 First American Title Co
$45,125 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $316,259
Closed $37,600
Source: Public Records

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
03/13/2026 03/13/26 Sold $299,500 0.0% $120 / Sq Ft
02/13/2026 02/13/26 Pending -- -- --
02/11/2026 02/11/26 Price Changed $299,500 -14.4% $120 / Sq Ft
01/15/2026 01/15/26 For Sale $350,000 -- $140 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $2,686 $72,208 $21,503 $50,705
2024 $2,608 $70,793 $21,082 $49,711
2023 $2,608 $69,406 $20,669 $48,737
2022 $2,499 $68,046 $20,264 $47,782
2021 $2,232 $66,713 $19,867 $46,846
2020 $2,134 $66,030 $19,664 $46,366
2019 $2,095 $66,030 $19,664 $46,366
2018 $2,057 $63,467 $18,901 $44,566
2017 $2,036 $62,224 $18,531 $43,693
2016 $1,948 $61,005 $18,168 $42,837
2015 $1,920 $60,090 $17,896 $42,194
2014 $1,862 $58,914 $17,546 $41,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202600528

Bakersfield Association of REALTORS® / GEMLS

APN: 002-081-04

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