




1024 Bernard St, Bakersfield, CA, 93305
About This Home
Prime Value-Add Triplex Opportunity in Bakersfield! This multi-family triplex offers strong income potential and long-term upside for both investors and owner-users. Positioned in a convenient Bakersfield location with easy access to schools, shopping, employment centers, and major thoroughfares, this property is well-suited for stable cash flow and future appreciation. The triplex features three separate units, each with its own private living space and functional layout—appealing to a wide tenant pool. The property’s configuration offers flexibility for full rental operation, owner-occupancy with income, or repositioning for increased rents. Generous lot space and onsite parking add to tenant convenience and overall desirability. With consistent demand for rental housing in the area, this asset presents a strong opportunity to generate immediate income while also offering potential for value-add improvements over time. Investors will appreciate the manageable size, solid fundamentals, and favorable location, while owner-users can benefit from offsetting mortgage costs with rental income. Located minutes from downtown Bakersfield, local employers, dining, and commuter routes, this property delivers both accessibility and investment appeal. A smart acquisition for investors seeking cash flow, upside, and long-term stability—don’t miss this opportunity to add a quality triplex to your portfolio!
Getting Around
Schools
Construction
Condition
- Year built: 1984
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: See Remarks
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
Features
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Details
- Parcel number: 12736012004
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Lot size: 7,524 sqft
- Features: 2-5 Units/Acre,Front Yard
Parking
- Parking features: Assigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Kern County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $671 | $8,052 |
| Electricity | $514 | $6,175 |
| Total | $3,368 | $40,416 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $450,000 |
| 2026-04-14 | Pending sale | $450,000 |
| 2026-04-07 | Listed for sale | $450,000 |
| 2026-03-02 | Pending sale | $450,000 |
| 2026-01-28 | Listed for sale | $450,000 |
| 2025-12-04 | Listing removed | $475,000 |
| 2025-11-09 | Price change | $475,000 |
| 2025-10-21 | Listed for sale | $550,000 |
| 2021-06-16 | Sold | $300,000 |
| 2020-11-12 | Sold | $275,000 |
| 2020-08-23 | Price change | $279,900 |
| 2020-08-12 | Listed for sale | $289,900 |
| 2020-01-07 | Listing removed | $775 |
| 2019-12-07 | Price change | $775 |
| 2019-11-06 | Listed for rent | $825 |
| 2019-05-06 | Listing removed | $825 |
| 2019-03-01 | Listed for rent | $825 |
| 2018-10-15 | Listing removed | $800 |
| 2018-10-01 | Listed for rent | $800 |
| 2018-02-28 | Listing removed | $249,900 |
| 2018-02-17 | Listed for sale | $249,900 |
| 2016-08-12 | Sold | $150,000 |
| 2014-06-06 | Sold | $110,000 |
| 2001-08-20 | Sold | $90,000 |
