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Three-Unit Residential Income Property

1030 E 19TH Street Bakersfield, CA 93305

1030 E 19TH Street, Bakersfield, CA, 93305
$275,000
For Sale
Claim this Listing
$275,000

MULTI_FAMILY - Bakersfield, CA

Property Size1,524 SF
Lot Size0.09 Acres
Price / SF$180.45
AddedNov 24, 2025
Days on Market234
Last RefreshJul 16 at 5:06 am

Property Features for 1030 E 19TH Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Covered
Standard status
Active
APN
01712003
Size
1,524 SF
Lot size
0.09 Acres

Building Details

Year built
1910
Floors in Building
1
Number of units
3

Listing agent Elvia E Alvarez

Listing office Avalar Real Estate Alliance 2240 Ming Ave, Bakersfield, CA

Listing date Nov 24, 2025

MLS# 202513021 Listing URL

Copyright © 2026 Bakersfield Association of Realtors. 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 three-unit residential income property is offered for sale in Bakersfield, California. The offering is designed for an owner who wants to manage multiple rental units within a compact footprint.

The property is located at 1030 E 19TH Street, Bakersfield, CA 93305, in Kern County. The lot size is listed as 0.09 acres, with an indicated property size of 1,524 square feet.

Details provided describe the asset as a three-unit multifamily property; additional unit configuration, building layout, and interior features are not specified in the information received.

Key Highlights

  • 3‑unit property with Year Built 1910
  • Covered parking
  • Public remarks reference two separate 3‑unit buildings with different APNs

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 $30.2k $19.80
− Vacancy −$2.0k −$1.29
EGI $28.2k $18.51
− OpEx −$8.5k −$5.55
NOI $19.7k $12.96
1,524 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$282.1K
$246.9K – $329.2K (±1% cap)
NOI $19,750 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$262.0K
$229.3K – $305.7K (±1% cap)
NOI $18,342 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$404.4K
$353.9K – $471.8K (±1% cap)
NOI $28,310 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tenisha Woods Housing Complex The Conservative Cigar Bar & Pub

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant (Bike/Boat/Book/etc) Store Restaurant Butcher Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit residential income property for sale in Bakersfield, CA.
Where is this triplex located?
The property is located at 1030 E 19TH Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3‑unit property with Year Built 1910; Covered parking; Public remarks reference two separate 3‑unit buildings with different APNs
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