Bakersfield, CA 93301,715 31st Street
Bakersfield, CA 93301,715 31st Street
Bakersfield, CA 93301,715 31st Street
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$350,000
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2,505 SqFt
New

715 31st Street Bakersfield, CA 93301

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Brian Winter

Brian Winter

+1(559) 737-2923

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,505 sqft

Price per Sqft $139

MLS Listing ID 202600528

Year Built 1947

Property Sub-Type 3 Units

Property Description

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 $350,000. 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.

Location

State CA

County Kern

Area 10

Exterior

Parking Features Uncovered

Building

Story 1

Schools

Elementary Schools Hills, Stella

Middle Schools Emerson

High Schools Bakersfield

Golden Empire MLS (Bakersfield AOR)
Listed by Marc A Thurston • ASU Commercial

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Brian Winter

Brian Winter

Agent | License ID: 0200992

+1(559) 737-2923

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715 31st Street

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