Triplex Investment
1303 Washington Bakersfield, CA 93308
1303 Washington, Bakersfield, CA, 93308
$425,000
Pending
For Sale
$425,000
Pending
MULTI_FAMILY - Bakersfield, CA
Property Size2,052 SF
Lot Size0.14 Acres
Days on Market129
Property Features for 1303 Washington
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2, Laundry Room
- Parking features
- Driveway
- Standard status
- Pending
- APN
- 11122024003
- Size
- 2,052 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing agency
CARNAVAL REALTY
(626) 290-0373
Listed by
Salvador Armijo · License #01278864
(626) 290-0373
Added: Mar 16 Updated: Jul 17 at 10:45AM Checked: Jul 22 at 8:06AM
MLS# CV26058597
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale triplex at 1303 Washington in Bakersfield is a residential income property configured as three units. The property size is listed as 2,052 square feet, situated on a 0.1401-acre lot. It offers investors and owner-occupants a straightforward multifamily structure designed for rental use within a compact footprint.
The property is located in Kern County, CA, in the 93308 area. With the address provided, the asset’s site can be confirmed for access and viewing directly through the listing process. Additional details such as parking, unit mix, and current leasing status are not included in the provided information.
For buyers evaluating residential income opportunities, this triplex format can suit those seeking a small-scale multifamily purchase rather than a larger complex. Prospective tenants, buyers, and brokers should review the unit configuration, condition, and operating considerations during due diligence, including any lease terms and expenses, to determine fit with their goals. The seller’s details and property-specific documents will be important for understanding how the units function day to day.
The property is located in Kern County, CA, in the 93308 area. With the address provided, the asset’s site can be confirmed for access and viewing directly through the listing process. Additional details such as parking, unit mix, and current leasing status are not included in the provided information.
For buyers evaluating residential income opportunities, this triplex format can suit those seeking a small-scale multifamily purchase rather than a larger complex. Prospective tenants, buyers, and brokers should review the unit configuration, condition, and operating considerations during due diligence, including any lease terms and expenses, to determine fit with their goals. The seller’s details and property-specific documents will be important for understanding how the units function day to day.
Key Highlights
- Central air cooling
- Wall furnace heating
- Public water and public sewer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $19.80 |
| − Vacancy | −$2.6k | −$1.29 |
| EGI | $38.0k | $18.51 |
| − OpEx | −$11.4k | −$5.55 |
| NOI | $26.6k | $12.96 |
2,052 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$379.9K
$332.4K – $443.2K
NOI $26,592 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$352.8K
$308.7K – $411.6K
NOI $24,697 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$544.5K
$476.5K – $635.3K
NOI $38,118 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit residential income property in Bakersfield offering an owner the option to generate rental revenue.
Where is this triplex located?
The property is located at 1303 Washington Bakersfield, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Central air cooling; Wall furnace heating; Public water and public sewer
