Terri Garcia
New Generation Real Estate Gro
(661) 218-2187
98 Total Sales
1 in Downtown Bakersfield
$185,000 Price
715 31st St Bakersfield, CA 93301
Downtown Bakersfield Neighborhood
2
Beds
1
Bath
2,505
Sq Ft
10,018
Sq Ft Lot
Highlights
- Heated Floors
- Evaporated cooling system
- 1-Story Property
About This Home
As of March 2026Located 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.
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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
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
Outstanding Balance
$191,676
Interest Rate
6.1%
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
8.16%
Purchase Details
Closed on
Dec 24, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Bakersfield, CA
-
Terri Garcia
-
Greg Holland
Greg Holland
Coldwell Banker Preferred Realtors
(661) 218-2406
204 Total Sales
1 in Downtown Bakersfield
$280,000 Price
-
Wesley Willingham
Wesley Willingham
New Concept Realty, Inc.
(661) 535-0987
56 Total Sales
1 in Downtown Bakersfield
$620,000 Price
-
Janeth Valencia
Janeth Valencia
Infinity Real Estate Services
(877) 461-5347
23 Total Sales
1 in Downtown Bakersfield
$295,000 Price
-
Ulices Melendez
Ulices Melendez
Ulices B. Melendez, Broker
(661) 241-9624
137 Total Sales
1 in Downtown Bakersfield
$260,000 Price
-
Bobby Chalhoub
Bobby Chalhoub
Broker X
(661) 490-9451
78 Total Sales
2 in Downtown Bakersfield
$600K - $1.1M Price Range
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 |
|---|---|---|---|
| Open | $316,259 | ||
| Previous Owner | $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 |
|---|---|---|---|---|
| 2026 | $2,756 | $73,652 | $21,933 | $51,719 |
| 2025 | $2,756 | $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
-
Marc Thurston
Seller's Agent in 2026
Marc Thurston
ASU Commercial
(661) 862-5454
4 in this area
92 Total Sales
-
Paulina Diaz
PD
Buyer's Agent in 2026
Paulina Diaz
D Best Realty, Inc.
1 in this area
12 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202600528
APN: 002-081-04
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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