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!
For sale
Listed by: Luxury Collective • Jenny Segovia • Contact: 818-378-9022
Price cut: $51K (7/15)
$399,000
1024 Bernard St, Bakersfield, CA 93305
6beds
3baths
2,400sqft
Triplex
Built in 1984
-- sqft lot
$388,800 Zestimate®
$166/sqft
$-- HOA
What's special
- 163 days
- 377
- 35
Zillow last checked:
Listing updated:
Listed by:
Jenny Segovia DRE #01331605 818-378-9022,
Luxury Collective,
Brandon Melgar DRE #01999554,
Luxury Collective
Source: CRMLS,MLS#: SR26019655
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,524 Square Feet
- Features: 2-5 Units/Acre, Front Yard
Details
- Parcel number: 12736012004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $331,223
- Date on market: 1/27/2026
- Cumulative days on market: 163 days
- Listing terms: Submit
Estimated market value
$388,800
$369,000 - $408,000
$1,361/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $399,000-11.3%$166/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $450,000$188/sqft |
Source: | ||
| 4/14/2026 | Pending sale | $450,000$188/sqft |
Source: | ||
| 4/7/2026 | Listed for sale | $450,000$188/sqft |
Source: | ||
| 3/2/2026 | Pending sale | $450,000$188/sqft |
Source: | ||
| 1/28/2026 | Listed for sale | $450,000-5.3%$188/sqft |
Source: | ||
| 12/4/2025 | Listing removed | $475,000$198/sqft |
Source: | ||
| 11/9/2025 | Price change | $475,000-13.6%$198/sqft |
Source: | ||
| 10/21/2025 | Listed for sale | $550,000+83.3%$229/sqft |
Source: | ||
| 6/16/2021 | Sold | $300,000+9.1%$125/sqft |
Source: Public Record Report a problem | ||
| 11/12/2020 | Sold | $275,000-1.8%$115/sqft |
Source: | ||
| 8/23/2020 | Price change | $279,900-3.4%$117/sqft |
Source: Miramar International #202008070 Report a problem | ||
| 8/12/2020 | Listed for sale | $289,900+16%$121/sqft |
Source: Miramar International #202008070 Report a problem | ||
| 1/7/2020 | Listing removed | $775 |
Source: Owner Report a problem | ||
| 12/7/2019 | Price change | $775-6.1% |
Source: Owner Report a problem | ||
| 11/6/2019 | Listed for rent | $825 |
Source: Owner Report a problem | ||
| 5/6/2019 | Listing removed | $825 |
Source: Owner Report a problem | ||
| 3/1/2019 | Listed for rent | $825+3.1% |
Source: Owner Report a problem | ||
| 10/15/2018 | Listing removed | $800 |
Source: Owner Report a problem | ||
| 10/1/2018 | Listed for rent | $800 |
Source: Owner Report a problem | ||
| 2/28/2018 | Listing removed | $249,900$104/sqft |
Source: Miramar International #21800401 Report a problem | ||
| 2/17/2018 | Listed for sale | $249,900+66.6%$104/sqft |
Source: Miramar International #21800401 Report a problem | ||
| 8/12/2016 | Sold | $150,000+36.4%$63/sqft |
Source: Public Record Report a problem | ||
| 6/6/2014 | Sold | $110,000+22.2%$46/sqft |
Source: Public Record Report a problem | ||
| 8/20/2001 | Sold | $90,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $331,223 +2% |
| 2025 | $6,561 +2.3% | $324,729 +2% |
| 2024 | $6,412 +3.1% | $318,362 +2% |
| 2023 | $6,220 +5.8% | $312,120 +2% |
| 2022 | $5,880 | $306,000 +11.3% |
| 2021 | -- | $275,000 +72.8% |
| 2020 | $3,812 +3.7% | $159,180 |
| 2019 | $3,675 +2.8% | $159,180 +4% |
| 2018 | $3,575 +1.4% | $153,000 +2% |
| 2017 | $3,527 +32.3% | $150,000 +31.7% |
| 2016 | $2,667 +0.1% | $113,907 +1.5% |
| 2015 | $2,665 +3.2% | $112,197 +3.5% |
| 2014 | $2,584 | $108,449 +0.5% |
| 2013 | -- | $107,960 +2% |
| 2012 | $2,492 +1.6% | $105,844 +2% |
| 2011 | $2,453 +1.2% | $103,770 +0.8% |
| 2010 | $2,424 -0.3% | $102,995 -0.2% |
| 2009 | $2,430 +3.8% | $103,241 +2% |
| 2008 | $2,342 +2.1% | $101,218 +2% |
| 2007 | $2,293 +4.8% | $99,234 +2% |
| 2006 | $2,187 +3.2% | $97,289 +2% |
| 2005 | $2,120 +3.5% | $95,382 |
| 2004 | $2,048 +3.9% | $95,382 +1.9% |
| 2003 | $1,971 | $93,635 +4% |
| 2002 | $1,971 -4% | $90,000 -10.6% |
| 2001 | $2,053 | $100,665 |
| 2000 | -- | $100,665 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: 93305
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