1241 E Street Wasco, CA 93280
MULTI_FAMILY - Wasco, CA
Property Features for 1241 E Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 1
- Parking features
- Garage
- Standard status
- Active
- APN
- 03041106
- Size
- 965 SF
- Lot size
- 0.16 Acres
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 3
Listing agent Patty A Mehlberg (661) 203-0225
Listing office Miramar Realty 9700 Stockdale Hwy, Suite 329, Bakersfield, CA (661) 381-6500
Listing date Jul 14, 2026
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.
The homes each have their own address and electric and gas meters, including a described fourth space that could be converted into a studio. Please schedule an appointment for showings.
Key Highlights
- Three houses on one lot, each with its own address, plus space that could be converted into a studio
- Front house: 2 bed, 1 bath with a 1‑car garage
- Middle home: 1 bed, 1 bath
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 | $17.7k | $18.36 |
| − Vacancy | −$510 | −$0.53 |
| EGI | $17.2k | $17.83 |
| − OpEx | −$5.2k | −$5.35 |
| NOI | $12.0k | $12.48 |
