Located at 715-717-719 31st Street in central Bakersfield, this value-add triplex offers a rare opportunity to acquire three detached homes on one lot for $299,500. Built in 1947 and totaling approximately 2,505 square feet, the property includes a 1-bedroom/1-bath unit that is currently vacant and ready for a full rehab, alongside a 2-bedroom/1-bath unit renting for $925 and a 3-bedroom/1.75-bath unit renting for $1,000. With upside through renovation and rent stabilization, the property is projected to achieve a gross scheduled income of $33,840 once fully stabilized, making it an attractive option for investors seeking both immediate cash flow and long-term appreciation potential.
Sold
$299,500
715 31st St, Bakersfield, CA 93301
--beds
--baths
2,505sqft
Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$120/sqft
$1,408 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,408/mo
Zestimate® history
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$1,909/mo
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Zillow last checked:
Listing updated:
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Paulina V. Diaz, DRE #02185818
D Best Realty, Inc.
Source: Bakersfield AOR,MLS#: 202600528
Facts & features
Interior
Interior area
- Total structure area: 2,505
- Total interior livable area: 2,505 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: 00208104
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1947
Community & HOA
Community
- Subdivision: Homaker Park
Location
- Region: Bakersfield
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $72,208
- Annual tax amount: $2,756
- Date on market: 1/15/2026
- Cumulative days on market: 29 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $299,500$120/sqft |
Source:  Bakersfield AOR #202600528 Report a problem | ||
| 2/14/2026 | Pending sale | $299,500$120/sqft |
Source: Bakersfield AOR #202600528 Report a problem | ||
| 2/11/2026 | Price change | $299,500-14.4%$120/sqft |
Source: Bakersfield AOR #202600528 Report a problem | ||
| 1/15/2026 | Listed for sale | $350,000+644.7%$140/sqft |
Source: Bakersfield AOR #202600528 Report a problem | ||
| 4/28/2000 | Sold | $47,000+4.2%$19/sqft |
Source: Public Record Report a problem | ||
| 12/29/1999 | Sold | $45,125$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,756 +2.6% | $72,208 +2% |
| 2024 | $2,686 +3% | $70,793 +2% |
| 2023 | $2,608 +4.3% | $69,406 +2% |
| 2022 | $2,499 | $68,046 +2% |
| 2021 | -- | $66,713 +1% |
| 2020 | $2,134 +1.9% | $66,030 |
| 2019 | $2,095 +1.8% | $66,030 +4% |
| 2018 | $2,057 +1.1% | $63,467 +2% |
| 2017 | $2,036 +4.5% | $62,224 +2% |
| 2016 | $1,948 +1.4% | $61,005 +1.5% |
| 2015 | $1,920 +3.1% | $60,090 +2% |
| 2014 | $1,862 | $58,914 +0.5% |
| 2013 | -- | $58,649 +2% |
| 2012 | $1,879 +0.6% | $57,500 +2% |
| 2011 | $1,867 +1.8% | $56,374 +0.8% |
| 2010 | $1,834 +0.4% | $55,954 -0.2% |
| 2009 | $1,826 +9.7% | $56,088 +4% |
| 2007 | $1,666 +6.6% | $53,911 +2% |
| 2006 | $1,563 +3.4% | $52,855 +2% |
| 2005 | $1,512 +1.2% | $51,820 |
| 2004 | $1,494 +5.1% | $51,820 +1.9% |
| 2003 | $1,421 | $50,872 +4% |
| 2002 | $1,421 -20.1% | $48,898 +2% |
| 2001 | $1,779 | $47,940 -57.2% |
| 2000 | -- | $111,915 |
Find assessor info on the county website
Neighborhood: Homaker Park
Nearby homes
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- $225,4002 bd1 ba1k sqft725 31st St, Bakersfield, CA 93301Off Market
- $---- bd-- ba-- sqft3020 Q St, Bakersfield, CA 93301Off Market
- $157,8002 bd1 ba842 sqft3030 Q St, Bakersfield, CA 93301Off Market
- $155,9002 bd1 ba700 sqft701 31st St, Bakersfield, CA 93301Off Market
Nearby schools
GreatSchools rating
- 2/10Stella I. Hills Elementary SchoolGrades: K-6Distance: 0.5 mi
- 2/10Emerson Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Bakersfield High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Hills, Stella
- Middle: Emerson
- High: Bakersfield
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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