1303 Washington Bakersfield, CA 93308
MULTI_FAMILY - Bakersfield, CA
Property Features for 1303 Washington
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Laundry Room, Bedroom 2, Bedroom 1
- Parking features
- Driveway
- Standard status
- Pending
- APN
- 11122024003
- Size
- 2,052 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing agent Salvador Armijo License #01278864 (626) 290-0373
Listing office CARNAVAL REALTY 363 S Park Ave. STE 104B, Pomona, CA (626) 290-0373
Listing date Mar 16, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 property is located in Kern County, CA, in the 93308 area. With the address provided, the asset’s site can be confirmed for access and viewing directly through the listing process. Additional details such as parking, unit mix, and current leasing status are not included in the provided information.
For buyers evaluating residential income opportunities, this triplex format can suit those seeking a small-scale multifamily purchase rather than a larger complex. Prospective tenants, buyers, and brokers should review the unit configuration, condition, and operating considerations during due diligence, including any lease terms and expenses, to determine fit with their goals. The seller’s details and property-specific documents will be important for understanding how the units function day to day.
Key Highlights
- Central air cooling
- Wall furnace heating
- Public water and public sewer
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 | $40.6k | $19.80 |
| − Vacancy | −$2.6k | −$1.29 |
| EGI | $38.0k | $18.51 |
| − OpEx | −$11.4k | −$5.55 |
| NOI | $26.6k | $12.96 |
