$415,000
Est. $2,747/mo · 20% down · 6.5% · 30yr
303 El Tejon Avenue, Bakersfield, CA, 93308
About this home
Well-maintained triplex in North Bakersfield offering strong in-place income. The property features a spacious front home along with two rear units that are exceptionally clean and turnkey, making this an ideal opportunity for investors seeking a low-maintenance asset.The property currently generates approximately $43,000+ in annual income with a net operating income exceeding $32,000, providing immediate cash flow from day one. The rear units have been well cared for and are rent-ready, reducing future capital expenditures and minimizing downtime. In addition to its current performance, there remains upside potential through gradual rent adjustments and operational improvements, offering both stability and growth. Conveniently located near major roads, shopping, and employment centers, this property continues to attract consistent tenant demand.
Property Details
$415,000
Price
0 bd
Bedrooms
1,848 sqft
Living Area
6,969 sqft
Lot Size
1938
Year Built
3 Units
Type
30 days
Days Listed
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$3,189
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Neighborhood Snapshot
Bakersfield · 93308
Market Stats
Active Listings
262
ZIP 93308
Median List Price
$310K
ZIP 93308
Avg Days on Market
91
Bakersfield avg
Sale / List Price
97.9%
avg ratio
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Location
303 El Tejon Avenue, Bakersfield, CA, 93308
Listed by: Ernesto Osuna Hernandez, D Best Realty, Inc.
Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer
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