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1716 3rd Street

Bakersfield, CA 93304
  • $389,900
  • STATUS: Active
  • ON SITE: 160 Days
  • MLS #: SR24237877
UPDATED: 43 min ago
$389,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Alejandro Mora of The Mora Partners Inc. (661-463-8186)


Description

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with acombined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each)featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-conceptliving and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into livingspace over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent conveniencefor tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T19:35:05.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158076391
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1716 3rd Street Bakersfield, CA 93304

  • Price: $389,900
  • Status: Active
  • On Site: 160 Days
  • Updated: 43 min ago
  • MLS #: SR24237877
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1972
Built
Neighborhood:
BKSF - Bakersfield
County:
Kern
Area:
BKSF - Bakersfield
Property Description
Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with acombined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each)featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-conceptliving and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into livingspace over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent conveniencefor tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.
Exterior Features

Entry Level 1 Entry Location Side Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 43200 Gross Scheduled Income 43200 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHAVA Loan Net Operating Income 30240 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 12960 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Other



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T19:35:05.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Alejandro Mora of The Mora Partners Inc. (661-463-8186)