$415,000

$415,000

Est. $2,747/mo · 20% down · 6.5% · 30yr

303 El Tejon Avenue, Bakersfield, CA, 93308

Active Under Contract
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1 / 40
0beds
1,848sqft
6,969lot sqft
1938built
40 days on market

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

📅

40 days

Days Listed

Active Under ContractBakersfield, CA 93308

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Loan Type

Loan Term

$415,000
%
3%50%
$20,750 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$3,189

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,492
Property Taxes / mo$432
Home Insurance / mo$120
PMI (Mortgage Insurance)$145
Total Est. Payment$3,189
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93308

Market Stats

Active Listings

279

ZIP 93308

Median List Price

$305K

ZIP 93308

Avg Days on Market

92

Bakersfield avg

Sale / List Price

97.9%

avg ratio

Nearby schools and amenities data loading…

303 El Tejon Avenue, Bakersfield, CA, 93308

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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