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1024 Bernard St, Bakersfield, CA, 93305

6beds
3baths
2,400sqft
$399,000
$166price/sqft
$3,368/moest. monthly cost
$134,720/yrincome needed

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

58
WalkingSomewhat Walkable
37
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

2/10
Washington Middle SchoolGrades 6-80.6 mi
6/10
Highland High SchoolGrades 9-122.8 mi

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
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Heat Wave
Earthquake

FEMA Declared Disasters in Kern County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$166$1,992
Property Taxes $671$8,052
Electricity $514$6,175
Total$3,368$40,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,474/yr
40% on housing$101,040/yr
45% on housing$89,813/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 93305$157
Kern County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 93305$228
Kern County$233

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

DateEventPrice
2026-05-01Listed for sale$450,000
2026-04-14Pending sale$450,000
2026-04-07Listed for sale$450,000
2026-03-02Pending sale$450,000
2026-01-28Listed for sale$450,000
2025-12-04Listing removed$475,000
2025-11-09Price change$475,000
2025-10-21Listed for sale$550,000
2021-06-16Sold$300,000
2020-11-12Sold$275,000
2020-08-23Price change$279,900
2020-08-12Listed for sale$289,900
2020-01-07Listing removed$775
2019-12-07Price change$775
2019-11-06Listed for rent$825
2019-05-06Listing removed$825
2019-03-01Listed for rent$825
2018-10-15Listing removed$800
2018-10-01Listed for rent$800
2018-02-28Listing removed$249,900
2018-02-17Listed for sale$249,900
2016-08-12Sold$150,000
2014-06-06Sold$110,000
2001-08-20Sold$90,000

For Sale by Agent

AgentJenny Segovia
BrokerageLuxury Collective

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