407 Washington Avenue, Bakersfield, CA 93308, Bakersfield, 93308 - 0 bed, 0 bath
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Bakersfield, CA 93308
This Brand-New Triplex represents a High-Potential Investment Opportunity listed at $445,000, reflecting a stable entry point at its $445,000 Fair Market Value. Featuring an Excellent Condition Rating, this 2025 build includes paid-off solar, contemporary kitchens, and a spacious 3-bedroom ADU designed for premium rental yields. With minimal maintenance requirements and high energy efficiency, this asset outperforms older local inventory. It is the ideal choice for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack with immediate cash flow potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 Washington Avenue Subject | $445,000* List Price | 0 | 0 | 2,120 | $210 | - |
A 303 El Tejon Pending | $415,000 List Price | 0 | 0 | 1,848 | $225 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new triplex, built in 2025, which immediately places it in the 'excellent' category. The description explicitly states 'modern finishes,' 'contemporary kitchens,' and 'stylish flooring.' The images confirm this, showing new white shaker cabinets, granite countertops, and stainless steel appliances in the kitchen, along with new vanities, fixtures, and tile in the bathrooms. All components are new, meeting current quality standards with no deferred maintenance.
As a brand-new triplex built in 2025, the property offers modern finishes, contemporary kitchens, stylish flooring, and efficient layouts, ensuring minimal maintenance and attracting quality tenants.
The property is designed for immediate income generation, featuring two 1-bedroom, 1-bath units and a spacious 3-bedroom, 2-bath ADU, making it a high-yield investment opportunity.
Equipped with paid-off solar panels, the property provides exceptional energy savings and low operating costs, enhancing profitability for investors.
The `on_market_date` of 2025-10-20 is in the future, which contradicts the 'Active' status and 'move-in ready from day one' claim, potentially indicating a pre-sale or under-construction status.
A 5,233 sqft lot for a triplex might result in constrained outdoor space or parking for multiple tenants, which could be a drawback for some renters.
The property description focuses solely on the units themselves, lacking details about the surrounding neighborhood, local amenities, or community features that could enhance tenant attraction or long-term value in Bakersfield.
Don't miss this rare opportunity to own a brand-new triplex featuring paid-off solar, offering exceptional energy savings and low operating costs. This thoughtfully designed property includes two 1-bedroom, 1-bath unitsideal for steady rental income or extended-stay tenantsand a spacious 3-bedroom, 2-bath ADU perfect for an owner-occupant or premium renter. Built with long-term value, modern finishes, and minimal maintenance in mind, this property is move-in ready and income-producing from day one. Each unit is equipped with contemporary kitchens, stylish flooring, and efficient layouts that attract quality tenants. Whether you're expanding your portfolio or looking to live in one unit while generating strong cash flow from the others, this is a high-yield, low-hassle investment opportunity that stands out from the rest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,120 | - |
| Lot Size | 5,233 | - |
| Price | $445.0K | $549.6K |
| Price per sq ft | $210 | $176 |
| Built year | 2025 | 0 |
| HOA | $0 | $0 |
| Days on market | 275 | 79 |
May 2, 2026
$445,000
$479,000
-7% Price Drop
Initial Listing
Oct 20, 2025
$479,000
Initial Listing