303 El Tejon Avenue

Off Market

303 El Tejon Avenue

Oildale CA 93308

7168 sq. ft.

Multi-Family

Last sold for $397,000

Ernesto Osuna, last sold this property on 07 July 2026 after 88 days on market.

Overview

Well-maintained triplex in North Bakersfield offering strong in-place income. The property features a spacious front home along with two rear units that are exceptionally clean and turnkey, making this an ideal opportunity for investors seeking a low-maintenance asset. The property currently generates approximately $43,000+ in annual income with a net operating income exceeding $32,000, providing immediate cash flow from day one. The rear units have been well cared for and are rent-ready, reducing future capital expenditures and minimizing downtime. In addition to its current performance, there remains upside potential through gradual rent adjustments and operational improvements, offering both stability and growth. Conveniently located near major roads, shopping, and employment centers, this property continues to attract consistent tenant demand.

Features

4 bedrooms

3 bathrooms

7168 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Oildale over the last 12 months.

Property history for 303 El Tejon Avenue

2026

Sold

$397,000

07 Jul 2026 by Ernesto Osuna, of D Best Realty Inc

2023

Sold

Undisclosed

20 Apr 2023 by Jaz Dhillon, of Dhillon Real Estate Family

Happy sellers in Oildale

95%

95% of sellers in Oildale reported that their sale price either exceeded or met their price expectations.

Oildale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Oildale over the last 12 months.

Local market activity for 4 bedroom multi families in Oildale

In the last 12 months, 1 four-bedroom multi family similar to 303 El Tejon Avenue, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Oildale for a market analysis.

Jeff Jackson

at Jeff Jackson & Associates

(42 reviews)

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Colby Spears

at Keller Williams-Bakersfield

(10 reviews)

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Jenna Camarillo

at Jenna Cam & Associates

(95 reviews)

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Brenda Eidenshink

at Coldwell Banker Preferred Realtors

(10 reviews)

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Nearby agents

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Jeff Jackson

Sellers who recommend Jeff Jackson have praised them for being local expert, clear communication, patient, dedicated, supportive, detail-oriented, and empathetic