$450,000

$450,000

Est. $2,979/mo · 20% down · 6.5% · 30yr

1024 Bernard, Bakersfield, CA, 93305

Active
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7,524lot sqft
1984built
40 days on market

About this home

Prime Value-Add Triplex Opportunity in Bakersfield! This multi-family triplex offers strong income potential and long-term upside for both investors and owner-users. Positioned in a convenient Bakersfield location with easy access to schools, shopping, employment centers, and major thoroughfares, this property is well-suited for stable cash flow and future appreciation. The triplex features three separate units, each with its own private living space and functional layout—appealing to a wide tenant pool. The property’s configuration offers flexibility for full rental operation, owner-occupancy with income, or repositioning for increased rents. Generous lot space and onsite parking add to tenant convenience and overall desirability. With consistent demand for rental housing in the area, this asset presents a strong opportunity to generate immediate income while also offering potential for value-add improvements over time. Investors will appreciate the manageable size, solid fundamentals, and favorable location, while owner-users can benefit from offsetting mortgage costs with rental income. Located minutes from downtown Bakersfield, local employers, dining, and commuter routes, this property delivers both accessibility and investment appeal. A smart acquisition for investors seeking cash flow, upside, and long-term stability—don’t miss this opportunity to add a quality triplex to your portfolio!

Property Details

💰

$450,000

Price

🌿

7,524 sqft

Lot Size

🏗️

1984

Year Built

🏠

Triplex

Type

📅

40 days

Days Listed

✓ Active ListingBakersfield, CA 93305

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Loan Type

Loan Term

$450,000
%
3%50%
$22,500 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$3,448

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,702
Property Taxes / mo$469
Home Insurance / mo$120
PMI (Mortgage Insurance)$157
Total Est. Payment$3,448
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93305

Market Stats

Active Listings

128

ZIP 93305

Median List Price

$350K

ZIP 93305

Avg Days on Market

94

Bakersfield avg

Sale / List Price

297.8%

avg ratio

1024 Bernard, Bakersfield, CA, 93305

Listed by: Jenny Segovia, Luxury Collective

Office: 424-395-4841

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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