Triplex with Individual
For Sale
Contact for pricing
1909 Buena Vista St, Bakersfield, CA 93304
Tenant-occupied multifamily property with hard-surface finishes and HVAC serving each residence.
Property Size2,425 SF
Price / SF$214.43
Days on Market190
Property Features for 1909 Buena Vista St
General Information
Standard status
Active
Size
2,425 SF
Property subtype
Multifamily
Zoning
R3
Building Details
Year Built
1966
Stories
1
Units
3
Listing Agency:
Clemmer & Company Real Estate Services
Listed By:
Mark Clemmer · License #01994471
(661) 477-2310
Source:
Crexi
Added: Apr 10
Changed: Oct 10
Last Checked: Oct 14 at 11:43PM
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 Clemmer & Company Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 1966, this 2,425-square-foot multifamily property contains three residences, each configured with two bedrooms and one bathroom. Every unit includes hard-surface finishes and its own HVAC equipment. The property is tenant occupied and currently operates as an income-producing triplex with owner-managed units.
Located in Bakersfield, the asset is zoned R3. Tours are limited to drive-by review, with any offer subject to an interior inspection. The available property information is limited, making verification of unit-level details and operating figures part of the inspection process.
Located in Bakersfield, the asset is zoned R3. Tours are limited to drive-by review, with any offer subject to an interior inspection. The available property information is limited, making verification of unit-level details and operating figures part of the inspection process.
Key Highlights
- Three‑unit multifamily property with 2,425 square feet
- Each residence includes 2 bedrooms and 1 bathroom
- Individual HVAC units serve all three residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,426
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,520
$628.5K
Cap Rate 7%
$448,943
$448.9K
Cap Rate 9%
$349,178
$349.2K
Market Conditions
NOI Build-Up for 2,425 SF
Gross rent
$48.0K $19.80/SF
− Vacancy
−$3.1K −$1.29/SF
EGI
$44.9K $18.51/SF
− OpEx
−$13.5K −$5.55/SF
NOI
$31.4K $12.96/SF
Area
Bakersfield, CA
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,520
Cap Rate 7%
$448,943
Cap Rate 9%
$349,178
Alternative Uses
Best Use
Multifamily LT 5
$448.9K
$392.8K – $523.8K
NOI $31,426 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$417.0K
$364.8K – $486.5K
NOI $29,187 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$643.5K
$563.1K – $750.8K
NOI $45,047 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Explore this area
Business Placement
Demographics for 93304, CA
50,837
Population
16,380
Households
3.1
Avg Household Size
31
Median Age
11%
College-Educated
71%
High-School Grad
7.5 sq mi
ZIP Area
6,778
Density / Sq Mi
$51,627
Median Household Income
$31,562
Median Earnings
$1,141
Median Rent
$228,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Tenant-occupied multifamily property with hard-surface finishes and HVAC serving each residence.
Where is this triplex located?
The property is located at 1909 Buena Vista St Bakersfield, CA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,425 square feet; Each residence includes 2 bedrooms and 1 bathroom; Individual HVAC units serve all three residences
