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Triplex Investment Opportunity

1032 E 19th Street Bakersfield, CA 93305

1032 E 19th Street, Bakersfield, CA, 93305
$308,000
For Sale
Claim this Listing
$308,000

MULTI_FAMILY - Bakersfield, CA

Property Size1,982 SF
Lot Size0.17 Acres
Price / SF$155.40
AddedNov 24, 2025
Days on Market234
Last RefreshJul 16 at 8:06 am

Property Features for 1032 E 19th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage
Standard status
Active
APN
01712002
Size
1,982 SF
Lot size
0.17 Acres

Building Details

Year built
1914
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# 202513023 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 offering includes a triplex with three units, available for purchase as a standalone property or in combination with an adjacent property. The two properties are described as separate APNs, with the option to buy only the three units or both properties together.

Located at 1032 E 19th Street in Bakersfield, CA 93305, the site consists of approximately 0.17 acres, and the total property size is listed as 1,982 square feet.

According to the seller’s remarks, if you purchase both properties together, the deal structure described includes a $200,000 down payment and seller financing for the remainder at a 7% interest rate. If you are buying only the three-unit property, the remarks indicate that APNs remain separate and the purchase is limited to that triplex.

Key Highlights

  • Two separate APNs offered: buy one set of 3 units or purchase both sets next to each other
  • Garage parking included
  • Building year built: 1914

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 $39.2k $19.80
− Vacancy −$2.6k −$1.29
EGI $36.7k $18.51
− OpEx −$11.0k −$5.55
NOI $25.7k $12.96
1,982 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$366.9K
$321.1K – $428.1K (±1% cap)
NOI $25,685 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$340.8K
$298.2K – $397.6K (±1% cap)
NOI $23,855 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$526.0K
$460.2K – $613.6K (±1% cap)
NOI $36,818 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Marcketing Monkey Marketing & Advertising Bakersfield Tree Services Landscaping

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic Gym & Fitness Center Computer & Electronic Repair Electrical Service Pharmacy

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

FAQs

What type of property is this?
Triplex - Triplex with three units available individually or as a package with an adjacent property under separate APNs.
Where is this triplex located?
The property is located at 1032 E 19th Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $308,000.
What are key features of this property?
This property features: Two separate APNs offered: buy one set of 3 units or purchase both sets next to each other; Garage parking included; Building year built: 1914
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