Value-Add Triplex Opportunity in Downtown Bakersfield! This property presents a compelling value-add opportunity in the vibrant Old Westchester Downtown area of Bakersfield. Situated on 20th Street, this property is within walking distance of downtown businesses, hospitals, nightlife, restaurants, and entertainment venues. The property consists of two structures: a front house in livable condition and a back structure with two units damaged by fire. Importantly, all three units have separate gas and electric meters, a significant advantage for tenant billing and expense management. This presents a unique opportunity for renovation and repositioning to capitalize on the strong rental market in the area.
Sold
Zillow last checked:
Listing updated:
Bought with:
Michael D. Bettes, DRE #01951953
LPT Realty, Inc.
Source: Bakersfield AOR,MLS#: 202501889
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $275,000-17.9%$112/sqft |
Source:  Bakersfield AOR #202501889 Report a problem | ||
| 2/15/2025 | Listed for sale | $335,000+67.5%$136/sqft |
Source: Bakersfield AOR #202501889 Report a problem | ||
| 1/10/2025 | Sold | $200,000$81/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$373,300
