Triplex with Detached Rear
For Sale
$550,000
915 30th St, Bakersfield, CA 93301
Three occupied residences include private outdoor areas and rear access through a gated alley.
Property Size2,334 SF
Price / SF$235.65
Days on Market8
Property Features for 915 30th St
General Information
Standard status
Active
Size
2,334 SF
Property subtype
Residential Income
Units
Unit Mix
front house: 3BR/2BA + studio, Unit A: 2BR/1BA, Unit B: 1BR/1BA
Multifamily Units
3
Additional Details
Tenant in Place
Yes
Amenities
fenced yards
wrought iron gate
Building Details
Buildings
3
Listing Agency:
Skyler Realty
(818) 453-3471
Listed By:
Kerit Zaet Flores De La Paz
(661) 247-9191
Source:
Exprealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 24 at 9:41PM
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 Skyler Realty
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Investment Insights
Based on property information with market context.
The property at 915 30th St in Bakersfield comprises a front house and two separate rear residences. The front house has three bedrooms and two bathrooms, plus an upstairs studio with a full bathroom and a private side entrance. Unit A offers two bedrooms and one bathroom; Unit B has one bedroom and one bathroom and was reconstructed from the ground up approximately 9 years ago.
Each residence has a fenced yard. Access to both rear units is from the back alley through a wrought iron gate. All units are tenant-occupied.
Each residence has a fenced yard. Access to both rear units is from the back alley through a wrought iron gate. All units are tenant-occupied.
Key Highlights
- Front house includes 3 bedrooms, 2 bathrooms, and an upstairs studio with its own bathroom
- Studio has a separate entrance on the side of the house
- Rear Unit A has 2 bedrooms and 1 bathroom; Unit B has 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,247
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,940
$604.9K
Cap Rate 7%
$432,100
$432.1K
Cap Rate 9%
$336,078
$336.1K
Market Conditions
NOI Build-Up for 2,334 SF
Gross rent
$46.2K $19.80/SF
− Vacancy
−$3.0K −$1.29/SF
EGI
$43.2K $18.51/SF
− OpEx
−$13.0K −$5.55/SF
NOI
$30.2K $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%
$604,940
Cap Rate 7%
$432,100
Cap Rate 9%
$336,078
Alternative Uses
Best Use
Multifamily LT 5
$432.1K
$378.1K – $504.1K
NOI $30,247 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$401.3K
$351.1K – $468.2K
NOI $28,091 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$619.4K
$542.0K – $722.6K
NOI $43,356 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,667
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences include private outdoor areas and rear access through a gated alley.
Where is this triplex located?
The property is located at 915 30th St Bakersfield, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Front house includes 3 bedrooms, 2 bathrooms, and an upstairs studio with its own bathroom; Studio has a separate entrance on the side of the house; Rear Unit A has 2 bedrooms and 1 bathroom; Unit B has 1 bedroom and 1 bathroom
