Triplex Investment
1032 E 19th Street Bakersfield, CA 93305
1032 E 19th Street, Bakersfield, CA, 93305
$308,000
For Sale
$308,000
MULTI_FAMILY - Bakersfield, CA
Property Size1,982 SF
Lot Size0.17 Acres
Price / SF$155.40
Days on Market235
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 Agency
Avalar Real Estate Alliance
(805) 815-9600
2240 Ming Ave, Bakersfield, CA
Listed by
Elvia E Alvarez
(661) 596-3404
Added: Nov 24, 2025 Checked: Jul 17 at 2:06 pm
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.
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
NOI $25,685 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$340.8K
$298.2K – $397.6K
NOI $23,855 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$526.0K
$460.2K – $613.6K
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
Similar For Sale Nearby
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
