Triplex with Two Permitted
1324 Murdock, Bakersfield, CA 93307
For Sale
New
$239,000
Bakersfield, CA
Property Size1,001 SF
Lot Size0.08 Acres
Price / SF$238.76
Days on Market7
Property Features for 1324 Murdock
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
KW College Park · Keller Williams Realty
(909) 625-8400
Listed By:
Sameena Ali · License #02231188
(909) 436-6228
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 9 at 6:06AM
MLS# TR26238776
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.
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Investment Insights
Based on property information with market context.
This triplex property contains two permitted residences and a third, unpermitted studio toward the rear. The front residence has two bedrooms and one bathroom; the second has one bedroom and one bathroom. The studio provides the third living space. The property measures 1,001 square feet on a 0.0781-acre lot and was built in 1945.
Evaporative cooling serves the property, with public water and public sewer.
Evaporative cooling serves the property, with public water and public sewer.
Key Highlights
- Two permitted residences plus an unpermitted rear studio
- Front residence: 2 bedrooms and 1 bathroom
- Second residence: 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,736
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,720
$254.7K
Cap Rate 7%
$181,943
$181.9K
Cap Rate 9%
$141,511
$141.5K
Market Conditions
NOI Build-Up for 1,001 SF
Gross rent
$19.5K $19.44/SF
− Vacancy
−$1.3K −$1.26/SF
EGI
$18.2K $18.18/SF
− OpEx
−$5.5K −$5.45/SF
NOI
$12.7K $12.72/SF
Area
ZIP 93307
Vacancy
6.50%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,720
Cap Rate 7%
$181,943
Cap Rate 9%
$141,511
Alternative Uses
Best Use
Multifamily LT 5
$181.9K
$159.2K – $212.3K
NOI $12,736 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$163.6K
$143.1K – $190.9K
NOI $11,451 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$247.3K
$216.4K – $288.6K
NOI $17,314 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
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Business Placement
Demographics for 93307, CA
88,338
Population
24,349
Households
3.6
Avg Household Size
29
Median Age
7%
College-Educated
59%
High-School Grad
141.2 sq mi
ZIP Area
626
Density / Sq Mi
$52,572
Median Household Income
$29,141
Median Earnings
$1,195
Median Rent
$238,400
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Bakersfield, CA
Properties on Market for Triplexes in Bakersfield
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A separate rear studio adds a third living space to the property.
Where is this triplex located?
The property is located at 1324 Murdock Bakersfield, CA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Two permitted residences plus an unpermitted rear studio; Front residence: 2 bedrooms and 1 bathroom; Second residence: 1 bedroom and 1 bathroom
