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715 31ST STREET, 
Bakersfield, CA 93301

$350,000


Bed


Bath


2,505

Sq Ft


Multi-Family

Active

Listed by

Marc Thurston

Asu Commercial

8625454

Last updated:

February 6, 2026, 03:28 PM

MLS#

202600528

Source:

BF

About This Home

715 31ST STREET

Located at 715-717-719 31st Street in central Bakersfield, this value-add triplex offers a rare opportunity to acquire three detached homes on one lot for $350,000. Built in 1947 and totaling approximately 2,505 square feet, the property includes a 1-bedroom/1-bath unit that is currently vacant and ready for a full rehab, alongside a 2-bedroom/1-bath unit renting for $925 and a 3-bedroom/1.75-bath unit renting for $1,000. With upside through renovation and rent stabilization, the property is projected to achieve a gross scheduled income of $33,840 once fully stabilized, making it an attractive option for investors seeking both immediate cash flow and long-term appreciation potential.

Home Facts

Multi-Family

Built in 1947

Price Summary

350,000

$139 per Sq. Ft.

MLS #:

202600528

Last Updated:

February 6, 2026, 03:28 PM

Added:

23 day(s) ago


Rooms & Interior

Interior

Living Area:

2,505 Sq. Ft.


Structure

Structure

Building Area:

2,505 Sq. Ft.

Year Built:

1947


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$139 per Sq. Ft.

Source:BF
“nformationdeemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2026.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.