715 31ST STREET, Bakersfield, CA 93301
Local realty services provided by:CENTURY 21 Jordan-Link
715 31ST STREET,Bakersfield, CA 93301
$299,500
- - Beds
- - Baths
- 2,505 sq. ft.
- Multi-family
- Pending
Listed by: marc thurston
Office: asu commercial
MLS#:202600528
Source:BF
Price summary
- Price:$299,500
- Price per sq. ft.:$119.56
About this home
Located at 715-717-719 31st Street in central Bakersfield, this value-add triplex offers a rare opportunity to acquire three detached homes on one lot for $299,500. Built in 1947 and totaling approximately 2,505 square feet, the property includes a 1-bedroom/1-bath unit that is currently vacant and ready for a full rehab, alongside a 2-bedroom/1-bath unit renting for $925 and a 3-bedroom/1.75-bath unit renting for $1,000. With upside through renovation and rent stabilization, the property is projected to achieve a gross scheduled income of $33,840 once fully stabilized, making it an attractive option for investors seeking both immediate cash flow and long-term appreciation potential.
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Home facts
- Year built:1947
- Listing ID #:202600528
- Added:44 day(s) ago
- Updated:March 01, 2026 at 08:12 AM
Rooms and interior
- Living area:2,505 sq. ft.
Heating and cooling
- Cooling:Evaporative
- Heating:Floor/Wall Unit
Structure and exterior
- Year built:1947
- Building area:2,505 sq. ft.
- Lot area:0.23 Acres
- Levels:1 Story
Schools
- High school:Bakersfield
- Middle school:Emerson
- Elementary school:Hills, Stella
Finances and disclosures
- Price:$299,500
- Price per sq. ft.:$119.56
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