222 Moneta Avenue Bakersfield, CA 93308
MULTI_FAMILY - Bakersfield, CA
Property Features for 222 Moneta Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Covered
- Standard status
- Active Under Contract
- 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.
Investment Insights
Based on property information with market context.
The two tenant-occupied units currently generate approximately $2,800 per month in rental income, while the remodeled unit is projected to rent for approximately $1,700 per month. The offering notes that the advertised price applies to the triplex only, and an adjacent duplex at 220 Moneta Avenue is listed separately.
For buyers seeking a turnkey residential income property, this triplex provides a mix of in-place rental activity and a unit prepared for the next tenancy. Owners and investors considering a broader plan may also review the separately listed adjacent duplex to assemble a combined 5-unit portfolio, subject to the terms of that separate listing.
Key Highlights
- Fully remodeled 3‑unit triplex at 222 Moneta Ave
- Remodel includes updated cabinets, flooring, light fixtures, interior paint, newer windows, updated HVAC, and water heater units
- Exterior freshly painted for low‑maintenance ownership
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 |
