Bakersfield Mixed-Use Triplex For
2300 Brundage Lane Bakersfield, CA 93304
For Sale
$690,000
MULTI_FAMILY - Bakersfield, CA
Property Size1,696 SF
Lot Size0.18 Acres
Price / SF$406.84
Days on Market214
Property Features for 2300 Brundage Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Covered, Garage
Standard status
Active
APN
00828418
Size
1,696 SF
Lot size
0.18 Acres
Building Details
Year built
1950
Floors in Building
1
Number of units
3
Listing Agency:
Dream Home Realty
(661) 717-5570
Listed By:
Jesse Roman
(661) 535-1895
Added: Dec 26, 2025
Changed: May 14
Last Checked: Jul 28 at 2:06AM
MLS# 202513805
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.
This mixed-use triplex in Bakersfield, California, presents a versatile opportunity for residential or commercial use. Located in both an Opportunity Zone and a Hub Zone (buyer to verify), the recently renovated property offers adaptable layouts suitable for live-work arrangements, office use, storefronts, or rental income. The property includes a total of 6 rooms and 3 bathrooms. Each unit features two rooms, a kitchen, and one bathroom. Additional amenities include a 3-car garage and an on-site coin-operated laundry. The mixed-use zoning allows for a variety of potential uses, such as a salon, office, nail salon, small food service establishment, or residential occupancy (buyer to verify all permitted uses). The property provides ample parking and updated interiors. The property is FHA eligible and has a size of 1696 square feet on a lot of 0.18 acres. This property is suited for buyers seeking workspace options, multi-unit income potential, or business versatility.
Key Highlights
- FHA eligible triplex offers residential and commercial flexibility.
- Located in Opportunity Zone and Hub Zone (buyer to verify).
- Mixed‑use zoning allows for diverse business or residential applications (buyer to verify permitted uses).
Financial Insights For Office B
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 | $35.6k | $21.00 |
| − Vacancy | −$5.7k | −$3.36 |
| EGI | $29.9k | $17.64 |
| − OpEx | −$7.5k | −$4.41 |
| NOI | $22.4k | $13.23 |
1,696 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$320.5K
$280.5K – $374.0K
NOI $22,438 @ 7.0% cap · market cap 3.25%
Second Best
Multifamily LT 5
$314.0K
$274.7K – $366.3K
NOI $21,979 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$450.1K
$393.8K – $525.1K
NOI $31,505 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated triplex in Opportunity Zone, suitable for commercial or residential.
Where is this mixed-use property located?
The property is located at 2300 Brundage Lane Bakersfield, CA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: FHA eligible triplex offers residential and commercial flexibility.; Located in Opportunity Zone and Hub Zone (buyer to verify).; Mixed‑use zoning allows for diverse business or residential applications (buyer to verify permitted uses).
