1324 Murdock Street, Bakersfield, CA 93307, Bakersfield, 93307 - 3 bed, 3 bath
ACTIVE$268,000$1,001/sqft
1324 Murdock Street, Bakersfield, CA 93307
3Beds
3Baths
1,001Sqft
3,403Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Potential: As a triplex, the property offers multiple income streams, making it an attractive 'Investor's Dream' for strong cash flow and long-term growth.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3403, other record lot size in square feet = 3484. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$268.0K vs avg $301.5K ($-33,500)50%
Size:1,001 sqft vs avg 1,106.5 sqft50%
Price/sqft:$268 vs avg $27250%
More Insights
Built in 1945 (81 years old).
Condition: The property was built in 1945, indicating significant age. While the listing states one studio unit was 'beautifully renovated in November 2024,' the provided images of a kitchen and bathroom (likely from one of the other units, or a very basic renovation) show dated features. The kitchen includes tiled countertops, older white appliances, and basic tile flooring. The bathroom is functional but very basic with older-style tiling. These areas appear clean and maintained but are outdated and would require substantial updates to meet current aesthetic and quality standards. The property is aged but maintained, aligning with the 'Fair' condition criteria.
Year Built
1945
Close
-
List price
$268K
Original List price
-
Price/Sqft
$268
HOA
$0
Days on market
-
Sold On
-
MLS number
TR25103968
Home ConditionFair
Features
View-
About this home
Investor’s Dream! Triplex Opportunity in East Bakersfield, a fantastic income-producing property featuring two homes and a studio. Perfect for investors seeking strong cash flow and long-term growth! Unit A: 2 bedrooms, 1.5 bathrooms. Unit B: 1 bedroom, 1 bathroom. Unit C: Studio – beautifully renovated in November 2024. Located in a high-demand rental area near schools, shopping, and major conveniences, this property attracts steady tenants and offers excellent return potential. Don’t miss this turnkey investment — a solid opportunity to grow your portfolio in one of Bakersfield’s up-and-coming neighborhoods. Contact the listing agent for current rental details.
S
Sameena Ali
Listing Agent
Nearby schools
4/10
Bessie E. Owens Primary School
Public,•K-3•0.3mi
3/10
Fremont Elementary School
Public,•K-6•0.7mi
2/10
Compton Junior High School
Public,•7-8•2.7mi
4/10
Chipman Junior High School
Public,•7-8•3.8mi
4/10
Bakersfield High School
Public,•9-12•2.0mi
3/10
Mira Monte High School
Public,•9-12•3.5mi
Price History
Date
Event
Price
06/28/24
Sold
$224,500
08/15/13
Sold
$83,000
02/08/13
Sold
$37,000
01/08/13
Sold
$28,000
04/21/06
Sold
$152,500
Condition Rating
Fair
The property was built in 1945, indicating significant age. While the listing states one studio unit was 'beautifully renovated in November 2024,' the provided images of a kitchen and bathroom (likely from one of the other units, or a very basic renovation) show dated features. The kitchen includes tiled countertops, older white appliances, and basic tile flooring. The bathroom is functional but very basic with older-style tiling. These areas appear clean and maintained but are outdated and would require substantial updates to meet current aesthetic and quality standards. The property is aged but maintained, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Multi-Unit Income Potential: As a triplex, the property offers multiple income streams, making it an attractive 'Investor's Dream' for strong cash flow and long-term growth.
Strategic Rental Location: Located in a high-demand rental area near schools, shopping, and major conveniences, ensuring steady tenant attraction and excellent return potential.
Recent Unit Renovation: Unit C (Studio) was beautifully renovated in November 2024, which can command higher rents and reduces immediate capital expenditure for that unit.
Turnkey Investment: The property is described as a 'turnkey investment,' suggesting it is ready for immediate operation and income generation without significant initial work.
Neighborhood Growth Potential: Situated in an 'up-and-coming neighborhood' in East Bakersfield, indicating potential for future property value appreciation.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3403, other record lot size in square feet = 3484. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Advanced Property Age: Built in 1945, the property is nearly 80 years old, which may lead to higher maintenance costs and potential infrastructure issues in the unrenovated units.
Compact Unit Sizes & Small Lot: The total living area of 1001 sqft for a triplex (3 beds, 3 baths) implies very small individual units, and the 3403 sqft lot is relatively small, potentially limiting tenant appeal or future expansion.
Undisclosed Rental Details: The listing requires contacting the agent for current rental details, which can be a drawback for investors needing immediate transparency on cash flow and ROI.