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$415,000
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Property Description
Well-maintained triplex in North Bakersfield offering strong in-place income. The property features a spacious front home along with two rear units that are exceptionally clean and turnkey, making this an ideal opportunity for investors seeking a low-maintenance asset. The property currently generates approximately $43,000+ in annual income with a net operating income exceeding $32,000, providing immediate cash flow from day one. The rear units have been well cared for and are rent-ready, reducing future capital expenditures and minimizing downtime. In addition to its current performance, there remains upside potential through gradual rent adjustments and operational improvements, offering both stability and growth. Conveniently located near major roads, shopping, and employment centers, this property continues to attract consistent tenant demand.
Full Property Details
Full Property Details for 303 El Tejon
General
- Price: $415,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NS26075410
- Updated: 5/15/2026
- Days on Market: 51 days
- Added to Site: 52 day(s) ago
Interior
- Fireplace(s): Dining Room
Rooms
Other Rooms
- Laundry: Inside, Individual Room
Additional Information
- Pool Description: None
Parking
- Parking Features: Gravel, Gated, Driveway
- Parking: Gravel, Gated, Driveway
Location
- Area: BKSF - Bakersfield
- County: Kern
- Development Name: BKSF - Bakersfield
- Driving Directions: turn right on chester ave
Heating & Cooling
- Cooling Type: Electric, Central Air
- Heating Type: Electric, Central
Utilities
- Sewer: Public Sewer
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: front and alley
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,848
- Year Built: 1938
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1646
- Lot Size (Sq. Ft.): 7,168
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $224.57
- Price Per Unit: 138333
Listed by D Best Realty Inc, Ernesto Osuna
Get Pre-Approved Today
Schools
Schools serving 303 El Tejon
School Districts:Standard Elementary School District, Kern Union High School District
| Name | Grades | Distance |
|---|---|---|
Standard Elementary School 115 E. Minner Ave., Bakersfield, CA 93308 | K-5 | 0.4 mi |
Standard Middle School 126 Ferguson Avenue, Bakersfield, CA 93308 | 6-8 | 0.4 mi |
North High School, Bakersfield, CA 300 Galaxy Avenue, Bakersfield, CA 93308 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 303 El Tejon
Date
Details
Price
Change
Source
4/08/2026
Listed
$415,000
5.06%
MLS
4/10/2023
Sold
$395,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 303 El Tejon
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,709
29%
$277,000
-31%
2024
$5,191
43%
$402,900
160%
2023
$3,621
5%
$155,000
—
2022
$3,454
4%
$155,000
—
2021
$3,316
6%
$155,000
3%
2020
$3,125
4%
$150,000
7%
2019
$2,999
3%
$140,000
—
2018
$2,921
2%
$140,000
4%
2017
$2,864
6%
$135,000
—
2016
$2,697
7%
$135,000
12%
2015
$2,514
23%
$120,000
50%
2014
$2,038
1%
$80,000
—
2013
$2,020
—
$80,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 303 El Tejon
303 El Tejon, Bakersfield, CA 93308 (MLS# NS26075410) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 303 El Tejon is currently listed for $415,000 and was received on April 08, 2026. Want to learn more about 303 El Tejon? Do you have questions about finding other Multi-Family real estate for sale in Bakersfield? You can browse all Bakersfield real estate or contact a Coldwell Banker agent to request more information.

