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Bakersfield Triplex Value-Add Opportunity
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
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

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center HVAC Service (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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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.
More about this property
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