Bakersfield Triplex Value-Add
For Sale
$450,000
1024 Bernard St, Bakersfield, CA 93305
Triplex in convenient location with income potential and upside.
Days on Market99
Property Features for 1024 Bernard St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1984
Listing Agency:
Luxury Collective
(818) 668-8768
Listed By:
Brandon Melgar · License #01331605
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxury Collective
Investment Insights
Based on property information with market context.
This multi-family triplex in Bakersfield offers income potential and long-term upside. Positioned in a convenient location with access to schools, shopping, employment centers, and major thoroughfares, this property is suited for stable cash flow and future appreciation. The triplex features three separate units, each with its own private living space and functional layout. The property’s configuration offers flexibility for full rental operation, owner-occupancy with income, or repositioning for increased rents. Generous lot space and onsite parking add to tenant convenience and overall desirability. There is consistent demand for rental housing in the area. Located minutes from downtown Bakersfield, local employers, dining, and commuter routes, this property delivers both accessibility and investment appeal. The bike score is 42, making it somewhat bikeable. The walk score is 69, making it somewhat walkable. The transit score is 35, indicating some transit options.
Key Highlights
- Strong income potential and long‑term upside for investors or owner‑users.
- Convenient Bakersfield location with easy access to schools, shopping, employment, and major thoroughfares.
- Three separate units, each with private living space and functional layout.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Explore this area
Business Placement
Demographics for 93305, CA
38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex in convenient location with income potential and upside.
Where is this triplex located?
The property is located at 1024 Bernard St Bakersfield, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Strong income potential and long‑term upside for investors or owner‑users.; Convenient Bakersfield location with easy access to schools, shopping, employment, and major thoroughfares.; Three separate units, each with private living space and functional layout.