$425,000

$425,000

Est. $2,813/mo · 20% down · 6.5% · 30yr

1303 Washington, Bakersfield, CA, 93308

Active
2beds
1baths
2,052sqft
6,101lot sqft
1964built
10 days on market

About this home

Each unit features a practical layout with 2 bedrooms and 1 bathroom. Situated in the Oildale neighborhood of Bakersfield, 1303 Washington Avenue offers a well located investment opportunity with three individual residents on one parcel. This property is approximately 2,052 square feet of living space on a 6,100± sq ft lot. Talk about a solid foundation for consistent rental income and long term appreciation. Appealing to tenants seeking comfortable and affordable living options. The friendly single story allows for simplified maintenance and support stable occupancy. The property includes on site uncovered parking and benefits from a convenient location near key neighborhood amenities and commuter routes. Notable nearby landmarks include North Beardsley Park, Buck Owens' Crystal Palace, and Meadows Field Airport, all of which contribute to the area’s accessibility and tenant appeal. This makes it an excellent option for investors looking to grow their portfolio at a reasonable price and income. As for it being an owner occupied opportunity, this may be what you are waiting for to allow you to offset living costs by renting out the additional units. Overall, 1303 Washington Avenue presents a strong combination of unit mix, location, and income potential, making it a valuable addition to any residential income portfolio in the Bakersfield market.

Property Details

💰

$425,000

Price

🛏

2 bd

Bedrooms

🚿

1 ba

Bathrooms

📐

2,052 sqft

Living Area

🌿

6,101 sqft

Lot Size

🏗️

1964

Year Built

🏠

Triplex

Type

📅

10 days

Days Listed

✓ Active ListingBakersfield, CA 93308

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Loan Type

Loan Term

$425,000
%
3%50%
$21,250 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$3,263

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$2,552
Property Taxes / mo$443
Home Insurance / mo$120
PMI (Mortgage Insurance)$148
Total Est. Payment$3,263
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93308

Market Stats

Active Listings

265

ZIP 93308

Median List Price

$309K

ZIP 93308

Avg Days on Market

91

Bakersfield avg

Sale / List Price

97.9%

avg ratio

Nearby Schools

🏫 Elementary

Wingland Elementary School

🏫 High School

North High School

🏫 School

Bakersfield Christian Life School

🏫 School

North Beardsley School

Nearby Amenities

🏪 Convenience

  • 7-Eleven
  • ampm

🌳 Park

  • North Park
  • North Beardley Park
  • Sears Park

1303 Washington, Bakersfield, CA, 93308

Listed by: Salvador Armijo, CARNAVAL REALTY

Office: 626-290-0373

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

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