303 El Tejon, Bakersfield, CA 93308
$397,000
$415,000
4.3%
Est.Price: ?

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7,169 Sqft Lot

303 El Tejon Bakersfield, CA 93308

Est. payment /mo
SOLD DATE : 07/07/2026

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Key Details

Sold Price $397,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NS26075410

Sold Date 07/07/26

HOA Y/N No

Year Built 1938

Lot Size 7,169 Sqft

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Kern

Area Bksf - Bakersfield

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplaces Type Dining Room

Fireplace Yes

Laundry Inside, Laundry Room

Exterior

Parking Features Driveway, Gravel, Gated

Pool None

Community Features Valley

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 11312310008

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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Listed by Ernesto Osuna D Best Realty Inc 661-582-0700, DRE #02027338
Bought with Nathalie Marles NONMEMBER MRML
Jessica Lam

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