303 El Tejon, Bakersfield, CA 93308
List Price: $415K
Listing Status: Pending
0Days on Market: 58
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1938
Lot Size: 7,168 sq ft
Private Pool: Yes
MLS Number: NS26075410
About This Property
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.
Listing provided by: Ernesto Osuna DRE #02027338 661-834-1111 realtorosuna@gmail.com, D Best Realty Inc
Source: CRMLS, MLS #: NS26075410
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.