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1716 3rd St, Bakersfield, CA, 93304

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
Multi

Location

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1716 3rd St, Bakersfield$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1972
MLS #SR24237877
Lot Size0.16 Acres
StatusActive

About 1716 3rd St

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Stories: 1

Listing Office:

  • Office Name: The Mora Partners Inc.
  • Office Phone: (661) 463-8186
  • Listing Agent: Alejandro Mora

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Other

Directions Information:

  • Directions: 58 Fwy exit S. H St make left, left onto 3rd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $2,930
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bakersfield, CA.

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Bakersfield, CA

City

Med. Sold Price

$382.5K

Med. Price/SqFt

$239

Avg. Days On Market

41

# of Sold Homes

68

1716 3rd St vs Bakersfield

31 DAYS ON ROCKET

-10 Days

$400,000

+$17.5K More

KEY TAKEAWAY

This property is $17.5K more than the Median Sold Price in Bakersfield, CA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24237877

Listing Office:

  • Office Name: The Mora Partners Inc.
  • Office Phone: (661) 463-8186
  • Listing Agent: Alejandro Mora

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,930$102,705
2020$2,843$101,653
2019$2,733$99,661
2018$2,704$97,708
2017$2,704$95,793

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-953153
3
/10

  • Roosevelt Elementary School

  • 2324 Verde St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-953154
2
/10

  • William Penn Elementary School

  • 2201 San Emidio St

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-953155
3
/10

  • Mckinley Elementary School

  • 601 4th St

  • 0.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,613. The most common annual income of people living in Bakersfield, CA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Kern County›Bakersfield›93304›1716 3rd St

This home is located at 1716 3rd St in Bakersfield, CA and zip code 93304 in the Oleander / Sunset neighborhood. This home, which was built in 1972, sits on a 0.16 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $400,000.

Over 14 listings were sold over their listed price in November 2024 in Bakersfield, CA. In the same period over 35 listings were sold below the listed price and 19 listings were sold for the listed price. In November 2024 in Bakersfield, CA there were 4.3% more homes for sale than in October 2024. While the average time on the market in November 2024 was 41 days, the median list price was $382,500.

From Rocket Homes Real Estate and based on county public records data.

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