Three-Unit Multifamily
2106 E St, Bakersfield, CA 93301
For Sale
$570,000
Residential income property with varied floor plans and freeway access near downtown businesses and restaurants.
Property Size2,528 SF
Price / SF$225.47
Days on Market56
Property Features for 2106 E St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Listing Agency:
Broker X
(661) 238-0060
Listed By:
Jaime Trujillo
(661) 374-4045
Source:
Exprealty
Added: Sep 13
Changed: Oct 25
Last Checked: Nov 6 at 9:41AM
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 Broker X
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Investment Insights
Based on property information with market context.
This triplex contains 2,528 square feet across three residential units with a varied unit mix. The property includes a three-bedroom, two-bath front residence, a two-bedroom, one-bath unit, and a one-bedroom, one-bath studio. The configuration supports multiple occupancy arrangements within one multifamily asset.
Located at 2106 E St in Bakersfield, the property is within walking distance of local businesses and restaurants. Freeway access is also available nearby, providing a practical connection for commuting and daily travel.
Located at 2106 E St in Bakersfield, the property is within walking distance of local businesses and restaurants. Freeway access is also available nearby, providing a practical connection for commuting and daily travel.
Key Highlights
- Three‑unit triplex with 2,528 square feet
- Unit mix includes 3‑bedroom, 2‑bath; 2‑bedroom, 1‑bath; and 1‑bedroom, 1‑bath studio
- Spacious front unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,761
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,220
$655.2K
Cap Rate 7%
$468,014
$468.0K
Cap Rate 9%
$364,011
$364.0K
Market Conditions
NOI Build-Up for 2,528 SF
Gross rent
$50.1K $19.80/SF
− Vacancy
−$3.3K −$1.29/SF
EGI
$46.8K $18.51/SF
− OpEx
−$14.0K −$5.55/SF
NOI
$32.8K $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%
$655,220
Cap Rate 7%
$468,014
Cap Rate 9%
$364,011
Alternative Uses
Best Use
Multifamily LT 5
$468.0K
$409.5K – $546.0K
NOI $32,761 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$434.7K
$380.3K – $507.1K
NOI $30,426 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$670.9K
$587.0K – $782.7K
NOI $46,960 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,074
Businesses Nearby
Explore this area
Business Placement
Demographics for 93301, CA
14,518
Population
6,202
Households
2.3
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
4.3 sq mi
ZIP Area
3,376
Density / Sq Mi
$40,725
Median Household Income
$36,623
Median Earnings
$1,129
Median Rent
$264,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Residential income property with varied floor plans and freeway access near downtown businesses and restaurants.
Where is this triplex located?
The property is located at 2106 E St Bakersfield, CA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Three‑unit triplex with 2,528 square feet; Unit mix includes 3‑bedroom, 2‑bath; 2‑bedroom, 1‑bath; and 1‑bedroom, 1‑bath studio; Spacious front unit
