222 Moneta Avenue, Bakersfield, CA 93308
MULTI_FAMILY - Bakersfield, CA
- Added:
- Jun 23, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 26 at 1:06 pm
Property Features for 222 Moneta Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Covered
- Standard status
- Active
- APN
- 11404125
- Size
- 2,536 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Number of units
- 3
Listing agent Jaime Mendez License #02179018 (661) 543-9435
Listing office eXp Realty of California Inc 2603 Camino Ramon Ste 200, San Ramon, CA (888) 584-9427
Listing date Jun 23, 2026
Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully remodeled triplex with updated cabinets, flooring, light fixtures, interior paint, newer windows
- Updates include HVAC and water heater units
- Two units are tenant occupied, generating approximately $2,800/month in rental income
- Third unit is fully remodeled and ready for occupancy; projected rent of approximately $1,700/month
- Covered parking
- Adjacent duplex also available and must be sold together; see 220 Moneta Ave for related property (5‑unit portfolio total)
Overview
The triplex is being offered for sale at 222 Moneta Avenue, Bakersfield, CA 93308. An adjacent duplex is also available, but the two properties must be sold together due to a property line configuration. Please refer to 220 Moneta Ave, Bakersfield, CA 93308 for the related offering.
The triplex includes two tenant-occupied units that generate approximately $2,800 per month in rental income. The third unit has been fully remodeled and is ready for occupancy, with a projected rent of approximately $1,700 per month. For investors or owner-operators seeking an income-producing residential property, this setup offers immediate in-place tenancy alongside a unit prepared for new occupancy, and it also aligns with the option to acquire the adjacent duplex as a combined portfolio.
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 | $50.2k | $19.80 |
| − Vacancy | −$3.3k | −$1.29 |
| EGI | $46.9k | $18.51 |
| − OpEx | −$14.1k | −$5.55 |
| NOI | $32.9k | $12.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bakersfield
- County
- Kern
- State
- California
- Longitude
- -119.025363
- Latitude
- 35.409832
