Property Detail

303 El Tejon

Bakersfield CA 93308

$415,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Ernesto Osuna of D Best Realty Inc. Last updated 2026-05-04 08:15:04.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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