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1024 Bernard Street
Bakersfield, CA 93305
Oct 2026 SOLD
$395,000
Sold Price
0.17
Acres
1984
Yr. Built
MLS# SR26019655
Sold Date: 2026-10-21

Property Description

Prime Value-Add Triplex Opportunity in Bakersfield! This multi-family triplex offers strong income potential and long-term upside for both investors and owner-users. Positioned in a convenient Bakersfield location with easy access to schools, shopping, employment centers, and major thoroughfares, this property is well-suited for stable cash flow and future appreciation. The triplex features three separate units, each with its own private living space and functional layout—appealing to a wide tenant pool. The property’s configuration offers flexibility for full rental operation, owner-occupancy with income, or repositioning for increased rents. Generous lot space and onsite parking add to tenant convenience and overall desirability. With consistent demand for rental housing in the area, this asset presents a strong opportunity to generate immediate income while also offering potential for value-add improvements over time. Investors will appreciate the manageable size, solid fundamentals, and favorable location, while owner-users can benefit from offsetting mortgage costs with rental income. Located minutes from downtown Bakersfield, local employers, dining, and commuter routes, this property delivers both accessibility and investment appeal. A smart acquisition for investors seeking cash flow, upside, and long-term stability—don’t miss this opportunity to add a quality triplex to your portfolio!

Property Highlights

Sold Price
395000
Property Type
Residential Income
Property Sub Type
Triplex
Acres
0.17
Year Built
1984
Cumulative Days on Market
165

Location

Area
BKSF - Bakersfield
City/Township
Bakersfield
County
Kern

Property Details

Price
$399,000
Sold Price
395000
Property Type
Residential Income
Property Sub Type
Triplex

Building

Levels
Two
Stories
2
Total Area
2,400 Sqft

Community

Community Features
Curbs, Street Lights, Sidewalks

Interior Features

Area and Spaces

Number of Units
3

Interior Features

Laundry Features
See Remarks
Entry Level
1
Entry Location
1

Building Details

Construction

Year Built
1984
Common Walls
Two Common Walls Or More

Terms

Rental Terms

Rent Control
Yes

Terms

Special Conditions
Standard
Special Terms
Submit
Cumulative Days on Market
165

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.17
Lot Size
7,524
Lot Size Area Sq Ft
7,524
Lot Features
Two To Five Units Acre, Front Yard

Parking

Parking Features
Assigned

Pool Features

Pool Features
None
Listed by Jenny Segovia, Luxury Collective, 818-378-9022. Sold by Francisco Sotelo, Century 21 Masters
Listing Data last updated 10/25/2026 02:20 am
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 25-Oct-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

2 days ago
Property information last updated
4 days ago
Date Sold
270 days ago
Status Active. This is the date the listing was placed on market.

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