407 Washington Avenue Bakersfield, CA ^$ 479,000

407 Washington Avenue

^$ 479,000

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407 Washington Avenue

Bakersfield, CA, 93308

^$ 479,000

Studio Baths3.0 Sq 2,120

Monthly Estimate*

^$ 2,988

Listed by Central Valley Property Advisors

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Studio

Multi-Family Home for sale in Bakersfield, CA

for $479,000 with 3 full baths. This 2,120 square foot home was built in 2025 on a lot size of 0.1201.

Don't miss this rare opportunity to own a brand-new triplex featuring paid-off solar, offering exceptional energy savings and low operating costs. This thoughtfully designed property includes two 1-bedroom, 1-bath unitsideal for steady rental income or extended-stay tenantsand a spacious 3-bedroom, 2-bath ADU perfect for an owner-occupant or premium renter. Built with long-term value, modern finishes, and minimal maintenance in mind, this property is move-in ready and income-producing from day one. Each unit is equipped with contemporary kitchens, stylish flooring, and efficient layouts that attract quality tenants. Whether you're expanding your portfolio or looking to live in one unit while generating strong cash flow from the others, this is a high-yield, low-hassle investment opportunity that stands out from the rest.

Multi-Family Active

Price

^$ 479,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1201

Year Built

2025

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

MD25243128

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 2025

Stories Count 1

Levels One

Property Subtype Triplex

Gross Income 42000

Community Features Sidewalks

County Kern

Net Operating Income 32500

Operating Expense 9525

Insurance Expense 0

New Construction 0

Property Type Residential Income

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions 0

City Bakersfield

Entry Location 2

Senior Community Y/N 0

Number Of Units Total 3

MLS Area BKSF - Bakersfield

Lot Size Units Square Feet

Lot Size Square Feet 5233

Listing Terms Cash

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 60

Water Sewer Expense 100

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 20

Property Sub Type Additional Triplex

Interior

Total Stories 1

Common Walls 1 Common Wall

Laundry Features Inside

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 5233

Number of Buildings 2

Building Area Total 2120

Lot Size Acres 0.1201

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

* Excluded Features

List By

Central Valley Property Advisors

Broker

eric@centralvalleypropertyadvisors.com

Affordability Calculator

$2,988

Per Month

Monthly Principal & Interest: $2,988
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$596,771

Percent of Sale Price 25%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$479,000		Listed Price

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407 Washington Avenue, Bakersfield, CA, 93308 is a Multi-Family Home for sale at $479,000 with 2,120 sqft and a lot size of 0.1201. 407 Washington Avenue is a studio with 3.0 baths and was built in 2025. The property's zip code is 93308 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/17/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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407 Washington Avenue

Multi-Family Home for sale in Bakersfield, CA

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