407 Washington Avenue
Bakersfield, CA, 93308
$445,000
Original list price: $479,000
MLS: MD25243128
Beds
—
Baths
—
Sq Ft
2,120
Lot
0.12 ac
Year Built
2025
MLS #
MD25243128
Days on Market
360
Listed
Oct 20, 2025
Description
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.
Location
Bakersfield, Kern County, CA 93308
Open on Google Maps ↗Listed by: Eric Van Denk · Central Valley Property Advisors
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,703
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $44,500 · Loan: $400,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,773
- Property tax (1.25%)
- $464
- Homeowners insurance
- $300
- Mortgage insurance
- $167
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $15,575 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Bakersfield, CA 93308 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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