$415,000

$415,000

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

303 El Tejon, Bakersfield, CA, 93308

Active
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7,168lot sqft
1938built
1 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

🌿

7,168 sqft

Lot Size

🏗️

1938

Year Built

🏠

Triplex

Type

📅

1 days

Days Listed

✓ Active ListingBakersfield, 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

288

ZIP 93308

Median List Price

$310K

ZIP 93308

Avg Days on Market

93

Bakersfield avg

Sale / List Price

297.8%

avg ratio

303 El Tejon, Bakersfield, CA, 93308

Listed by: Ernesto Osuna, D Best Realty Inc

Office: 661-834-1111

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

ER

EC Rosa Jr

Realtor® · DRE #02084272

Contact EC directly about this property.

Call EC directly

6614960316