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.
Sold
Zestimate®
$397,000
303 El Tejon Ave, Bakersfield, CA 93308
--beds
--baths
1,848sqft
Multi Family
Built in 1938
-- sqft lot
$397,000 Zestimate®
$215/sqft
$1,578 Estimated rent
Home value
$397,000
$361,000 - $437,000
$1,578/mo
Zestimate® history
Owner options
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Spacious front home
Zillow last checked:
Listing updated:
Listed by:
Ernesto M. Osuna Hernandez DRE #02027338 661-582-0700 brokerosuna@gmail.com,
D Best Realty, Inc.,
Stephanie M. Nava DRE #02076309 661-855-0442,
D Best Realty, Inc.
Bought with:
Non-Member
Non-Member Office
Source: Bakersfield AOR,MLS#: 202603268
Facts & features
Interior
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 11312310
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1938
Community & HOA
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $277,000
- Annual tax amount: $5,280
- Date on market: 3/27/2026
- Cumulative days on market: 71 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $397,000-4.3%$215/sqft |
Source:  Bakersfield AOR #202603268 Report a problem | ||
| 6/5/2026 | Pending sale | $415,000$225/sqft |
Source: Bakersfield AOR #202603268 Report a problem | ||
| 5/15/2026 | Listed for sale | $415,000$225/sqft |
Source:  CRMLS #NS26075410 Report a problem | ||
| 5/11/2026 | Contingent | $415,000$225/sqft |
Source: CRMLS #NS26075410 Report a problem | ||
| 3/27/2026 | Listed for sale | $415,000+5.1%$225/sqft |
Source: Bakersfield AOR #202603268 Report a problem | ||
| 6/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/7/2024 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/3/2024 | Listed for rent | $1,700+6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/21/2023 | Sold | $395,000-1%$214/sqft |
Source: Public Record Report a problem | ||
| 4/10/2023 | Pending sale | $399,000$216/sqft |
Source: Bakersfield AOR #202302604 Report a problem | ||
| 4/1/2023 | Listed for sale | $399,000+53.5%$216/sqft |
Source: Bakersfield AOR #202302604 Report a problem | ||
| 2/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/13/2023 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2022 | Listing removed | -- |
Source: Bakersfield AOR #202200381 Report a problem | ||
| 1/12/2022 | Listed for sale | $259,990-1.9%$141/sqft |
Source: Bakersfield AOR #202200381 Report a problem | ||
| 1/12/2022 | Listing removed | $265,000+2%$143/sqft |
Source: Bakersfield AOR #202109490 Report a problem | ||
| 11/22/2021 | Price change | $259,900-5.5%$141/sqft |
Source: Bakersfield AOR #202109490 Report a problem | ||
| 10/19/2021 | Listed for sale | $274,997+61.3%$149/sqft |
Source: Bakersfield AOR #202109490 Report a problem | ||
| 9/28/2007 | Sold | $170,500-30.2%$92/sqft |
Source: Public Record Report a problem | ||
| 4/12/2007 | Sold | $244,199-2.3%$132/sqft |
Source: Public Record Report a problem | ||
| 9/8/2005 | Sold | $250,000+212.5%$135/sqft |
Source: Public Record Report a problem | ||
| 9/17/2002 | Sold | $80,000+373.4%$43/sqft |
Source: Public Record Report a problem | ||
| 1/18/2002 | Sold | $16,900$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,280 -21.3% | $277,000 -31.2% |
| 2024 | $6,709 +85.3% | $402,900 +159.9% |
| 2023 | $3,621 +4.8% | $155,000 |
| 2022 | $3,454 | $155,000 |
| 2021 | -- | $155,000 +3.3% |
| 2020 | $3,125 +4.2% | $150,000 +7.1% |
| 2019 | $2,999 +2.7% | $140,000 |
| 2018 | $2,921 +2% | $140,000 +3.7% |
| 2017 | $2,864 +6.2% | $135,000 |
| 2016 | $2,697 +7.3% | $135,000 +12.5% |
| 2015 | $2,514 +23.4% | $120,000 +50% |
| 2014 | $2,038 | $80,000 |
| 2013 | -- | $80,000 -3.8% |
| 2012 | $1,860 -0.2% | $83,160 |
| 2011 | $1,863 -12.6% | $83,160 -22.1% |
| 2010 | $2,130 -0.1% | $106,791 |
| 2009 | $2,133 -17.7% | $106,791 -29.4% |
| 2008 | $2,592 -30.5% | $151,325 -40.6% |
| 2007 | $3,728 +6.5% | $254,898 +2% |
| 2006 | $3,501 +117.6% | $249,900 +200.6% |
| 2005 | $1,609 +1% | $83,122 |
| 2004 | $1,593 +6.7% | $83,122 +1.9% |
| 2003 | $1,492 +20.8% | $81,600 +51.4% |
| 2002 | $1,235 +1.3% | $53,911 +2% |
| 2001 | $1,219 | $52,855 |
| 2000 | -- | $52,855 |
Find assessor info on the county website
Neighborhood: Oildale
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Nearby schools
GreatSchools rating
- 2/10Standard Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Standard Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10North High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Standard
- Middle: Standard
- High: North
Source: Bakersfield AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$397,000
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Estimated market value
$397,000
- California
- Kern County
- Bakersfield
- 93308
- Oildale
- 303 El Tejon Ave
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Nearby neighborhoods
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