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Explore Similar Apartments Within 2 Miles of Olive Drive Area, CA

  • /14

    $1,595,000

    • 2 Beds
    • 1 Bath
    • 10,064 Sq Ft

    116 Beardsley Ave, Bakersfield, CA 93308

    This property offers an exceptional high cap rate of over 9% and immediate opportunity to increase cash flow. Excellent value-add property with most rents poised for a 10% increase in 2025, with market rents reaching up to $1,375 per month, unlocking substantial revenue potential. Each unit comes with separate utility meters, making it easier to manage costs, while the roof-mounted AC units with

    Agent Photo

    Karine Haneyan

    JohnHart Real Estate

    (866) 972-4657

    116 Beardsley Ave, Bakersfield, CA 93308
  • /16

    $475,000

    • 2,477 Sq Ft

    130 Highland Dr, Bakersfield, CA 93308

    130 Highland Avenue offers a triplex with recent upgrades and a history of steady rental performance. The front of the lot features a detached single-family residence. At the same time, the rear building comprises two additional units, each designed with access to private outdoor space and an abundance of natural light. A shared utility area includes on-site laundry facilities for added

    Jared Clemence Watson Realty

    130 Highland Dr, Bakersfield, CA 93308
  • /42

    $530,000

    • 2,685 Sq Ft

    2310 B St, Bakersfield, CA 93301

    Welcome to 2310 B Street - a well-maintained duplex offering two spacious units with tons of potential! Unit A spans 1,811sqft with 3 very spacious bedrooms, 2 baths and hardwood flooring throughout, including a bonus sunroom! While Unit B is a comfy 1 bed, 1 bath property with its own very convenient covered carport for off-street parking. The property includes a private outdoor courtyard

    Meghan Cooper Watson Realty

    2310 B St, Bakersfield, CA 93301
  • /21

    $389,000

    • 2,461 Sq Ft

    1806 Mccray St, Bakersfield, CA 93308

    This clean, well-maintained property offers a prime investment opportunity with consistent rental income. The property features a standalone 2-bedroom, 1-bath home with a private fenced yard and spacious laundry room. The second unit is a fully renovated 1-bedroom, 1-bath, while the third unit is a well-kept 2-bedroom, 1-bath with great tenants. All units are occupied and generating income!With

    Caleb Fisk ASU Commercial

    1806 Mccray St, Bakersfield, CA 93308
  • /28

    $399,000

    106 Moneta Ave, Bakersfield, CA 93308

    Welcome to 106 & 106 Moneta Avenue, a move-in-ready, fully remodeled four-bedroom, two-bath main residence paired with a chic one-bedroom ADU and an incredible, oversized garage/workshop that feels straight out of a high-end auto shop. Imagine living and launching your business on the same lotno more offsite storage fees or cramped home officesthanks to soaring ceilings, abundant natural light,

    Yiluarde Pacheco Pellego

    106 Moneta Ave, Bakersfield, CA 93308
  • /10

    $799,900

    • 3,768 Sq Ft

    113 Beardsley Ave, Bakersfield, CA 93308

    Looking for Passive income? 2 Duplexes on 1 Lot...Producing $74,400 in Annual Gross income. Each Unit consists of 2 bed 1 bath and 1 car garage. You don't want to miss out on this opportunity.. Call your favorite agent to today!!

    Mohammad Hammad Executive, REALTORS®

    113 Beardsley Ave, Bakersfield, CA 93308
  • /16

    $649,999

    • 2,984 Sq Ft

    701 Woodrow Ave, Bakersfield, CA 93308

    We are excited to present for sale this rare 5-unit corner property with big value-add upside in the detached front 3 bed / 2 bath home. While four units have already been renovated two down-to-the-studs and two full remodels featuring vinyl flooring, new stucco, windows, AC units, counters, and appliancesthe front house is the real opportunity. It's freshly painted and clean, but with light TLC,

    Esteban Contreras Watson Realty

    701 Woodrow Ave, Bakersfield, CA 93308
  • /21

    $250,000

    • 870 Sq Ft

    1403 Shasta St, Bakersfield, CA 93308

    Rare investment opportunity. Less than 2 year old permitted garage conversion has two rooms (19'4 x 8'6 each) plus a oversized bathroom with 2 stalls, 2 sinks, and a tub/shower. Original house in front is 2 bedroom & 1 bathroom with indoor laundry. Some remodeling in the last two years like flooring and paint. Add to that a large 11'x10.5' basement. There are currently 4 good paying tenants all

    Larry Burkey Keller Williams Realty Kern

    1403 Shasta St, Bakersfield, CA 93308
  • /10

    $316,000

    • 5 Beds
    • 2 Baths
    • 1,419 Sq Ft

    618 Lincoln Ave, Bakersfield, CA 93308

    Unlock Passive Income with This Prime Rental Property!Perfect for investors seeking passive income and long-term growth! With a monthly rent of $2,750, this gem is perfect for seasoned investors or newcomers. Two separate homes on one parcel. Laminate floors throughout both units. Laundry room. Spacious private yard and front porch with driveway. Front unit has 3 bedrooms, 1 bath and the back

    Sameena Ali KW Vision

    618 Lincoln Ave, Bakersfield, CA 93308
  • /44

    $443,000

    • 1,562 Sq Ft

    113 Circle Dr, Bakersfield, CA 93308

    Why compromise on space or income when you can have both? This rare opportunity includes two move-in-ready homes on one lot each with its own private backyard, entrance, and sense of independence. The main residence blends charm with function, featuring hard surface flooring, a spacious layout, and three comfortable bedrooms on the main level plus a bonus bedroom tucked into the finished basement

    Noah Figueroa LPT Realty, Inc.

    113 Circle Dr, Bakersfield, CA 93308
  • /52

    $375,000

    811 Wilson Ave, Bakersfield, CA 93308

    Never before offered for sale! One Family-Owned for 3-generations! Not an investor flip. This is a meticulously maintained property! Two-Residences on a Single Parcel. Seller says the Main House is approx 1600-sf & has a large Living Room & Dining Room w/ gleaming wood-paneled accent walls. Lots of windows make the rooms so light, bright & airy! Three generous-sized Bedrooms & a Remodeled

    Darlene Tobias Nexus Real Estate

    811 Wilson Ave, Bakersfield, CA 93308
  • /40

    $315,000

    114 E Warren Ave, Bakersfield, CA 93308

    Turnkey! 2 Homes, 1 lot! This prime residential income property offers endless possibilities for homeowners! The front house features 3 bedrooms, 2 baths, a spacious open floor plan, modern white interiors with a custom kitchen, and new cabinetry. It also includes indoor washer/dryer hookups, making it the perfect rental or family home. The back house offers a 1-bedroom, 1-bath unit with similar

    Cristal Castro RE/MAX Champions

    114 E Warren Ave, Bakersfield, CA 93308
  • /7

    $285,000

    • 1,854 Sq Ft

    404 Decatur St, Bakersfield, CA 93308

    Long-term, on-time tenant in place.

    Omid Daragahi BPM Real Estate

    404 Decatur St, Bakersfield, CA 93308
  • /47

    $285,000

    • 1,176 Sq Ft

    1219 Woodrow Ave, Bakersfield, CA 93308

    Attn Investors add to your Rental Portfolio! Both Units Fully Renovated! Quartz counters New Kitchens & baths Indoor laundry! New Flooring, Fresh paint AND MORE! Or Live in One and Rent the other out! This is a MUST see! and OWN! Easy to show. Contact listing agent text Ok with Business card 661-204-0159 Debra

    Debra McTaggart Coldwell Banker Preferred,RLT

    1219 Woodrow Ave, Bakersfield, CA 93308
  • /15

    $879,000

    • 3,136 Sq Ft

    8118 Whitewater Dr, Bakersfield, CA 93312

    Great opportunity to own a nice four plex in Northwest Bakersfield. Units are all 2 bedrooms/1 bath and are all currently rented. All units include a 1 car garage and community pool on premises as well.

    Tammy Trussell eHomes of Bakersfield

    8118 Whitewater Dr, Bakersfield, CA 93312
  • /4

    $702,500

    • 4,507 Sq Ft

    4224 Orrick Ct, Bakersfield, CA 93308

    Opportunity for a fourplex in North Bakersfield. Two units are 3 bedroom, 2.25 bath and 2 units are 2 bedroom, 1.5 bath. Uncovered and garage parking. Near area shopping centers, local park, and thoroughfares.

    Michael Freedman American Real Estate

    4224 Orrick Ct, Bakersfield, CA 93308
  • /3

    $702,500

    • 4,507 Sq Ft

    4218 Orrick Ct, Bakersfield, CA 93308

    Opportunity for a fourplex in North Bakersfield. Two units are 3 bedroom, 2.25 bath and 2 units are 2 bedroom, 1.5 bath. Uncovered and garage parking. Near area shopping centers, local park, and thoroughfares.

    Michael Freedman American Real Estate

    4218 Orrick Ct, Bakersfield, CA 93308
  • /8

    $499,000

    • 2,215 Sq Ft

    3114 18th St, Bakersfield, CA 93301

    Opportunity for a duplex in Downtown Bakersfield area. Each unit is 2 bedrooms, 1 bath. One car garage for each unit. Close to downtown area, local thoroughfares, and area restaurants and shopping.

    Michael Freedman American Real Estate

    3114 18th St, Bakersfield, CA 93301
  • /8

    $499,000

    • 2,215 Sq Ft

    3108 18th St, Bakersfield, CA 93301

    Opportunity for a duplex in Downtown Bakersfield area. Each unit is 2 bedrooms, 1 bath. One car garage for each unit. Close to downtown area, local thoroughfares, and area restaurants and shopping.

    Michael Freedman American Real Estate

    3108 18th St, Bakersfield, CA 93301
  • /8

    $499,000

    • 2,215 Sq Ft

    3100 18th St, Bakersfield, CA 93301

    Opportunity for a duplex in Downtown Bakersfield area. Each unit is 2 bedrooms, 1 bath. One car garage for each unit. Close to downtown area, local thoroughfares, and area restaurants and shopping.

    Michael Freedman American Real Estate

    3100 18th St, Bakersfield, CA 93301
  • /2

    $351,000

    • 2,291 Sq Ft

    425 W China Grade Loop, Bakersfield, CA 93308

    Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.

    Michael Freedman American Real Estate

    425 W China Grade Loop, Bakersfield, CA 93308
  • /2

    $351,000

    • 2,291 Sq Ft

    419 W China Grade Loop, Bakersfield, CA 93308

    Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.

    Michael Freedman American Real Estate

    419 W China Grade Loop, Bakersfield, CA 93308
  • /2

    $351,000

    • 2,291 Sq Ft

    413 W China Grade Loop, Bakersfield, CA 93308

    Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.

    Michael Freedman American Real Estate

    413 W China Grade Loop, Bakersfield, CA 93308
  • /3

    $351,000

    • 1,824 Sq Ft

    407 W China Grade Loop, Bakersfield, CA 93308

    Opportunity for duplex in Oildale. Each unit is 2 bedroom, 1 bath. Close to area schools, shopping, and area park.

    Michael Freedman American Real Estate

    407 W China Grade Loop, Bakersfield, CA 93308
  • /3

    $840,250

    • 4,121 Sq Ft

    501 Mccord Ave, Bakersfield, CA 93308

    Opportunity for a 7 unit complex in Oildale. Units are located on a corner lot with street parking and on site parking available. One unit is 2 stories, the other units are 1 story.

    Michael Freedman American Real Estate

    501 Mccord Ave, Bakersfield, CA 93308
  • /11

    $1,750,000

    • 3,610 Sq Ft

    2115 G St, Bakersfield, CA 93301

    We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior

    Esteban Contreras Watson Realty

    2115 G St, Bakersfield, CA 93301
  • /8

    $674,999

    • 2,984 Sq Ft

    701 Woodrow Ave, Bakersfield, CA 93308

    We are honored to exclusively bring to market this turnkey 5-unit multifamily investment with massive upside. Offering +/- 3,500 SF of rentable space, this property delivers strong cash flow, minimal maintenance, and a clear path to higher returnsa perfect fit for 1031 exchange buyers and long-term investors looking for a plug-and-play asset with built-in value-add potential. The heavy lifting is

    Esteban Contreras Watson Realty

    701 Woodrow Ave, Bakersfield, CA 93308
  • /9

    $325,000

    • 1,674 Sq Ft

    308 Washington Ave, Bakersfield, CA 93308

    This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units, an exterior storage closet, a private patio and onsite parking. Each unit is occupied and the property is under professional management.

    Mike Saba Watson Realty

    308 Washington Ave, Bakersfield, CA 93308
  • /8

    $325,000

    • 1,674 Sq Ft

    306 Washington Ave, Bakersfield, CA 93308

    This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units with an outside storage closet, a private patio and onsite parking. Each unit is occupied and the property is under professional management.

    Mike Saba Watson Realty

    306 Washington Ave, Bakersfield, CA 93308
  • /8

    $325,000

    • 1,674 Sq Ft

    304 Washington Ave, Bakersfield, CA 93308

    This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units, an outside storage cabinet, private patios and onsite parking. Each unit is occupied and under a professional management.

    Mike Saba Watson Realty

    304 Washington Ave, Bakersfield, CA 93308
  • /8

    $325,000

    • 1,674 Sq Ft

    302 Washington Ave, Bakersfield, CA 93308

    This investment property, held as a rental features 2, 2 bedrooms and 1 bathroom units. Each unit features an exterior storage closet, a private patio and onsite parking. Each unit is occupied and the duplex is under professional management.

    Mike Saba Watson Realty

    302 Washington Ave, Bakersfield, CA 93308
  • /24

    $700,000

    • 2,080 Sq Ft

    115 Decatur St, Bakersfield, CA 93308

    Great investment opportunity to grow your rental portfolio. All units have fenced yard and are well maintained. The duplex consists of two 3 bedroom/2 bath units built in 2022. 113 Decatur is 2 separate houses, 2 bed/1 bath, updated in 2021. This is 2 separate APN's being sold together.

    Debra Roberson Watson Realty

    115 Decatur St, Bakersfield, CA 93308
  • /5

    $329,999

    • 1,599 Sq Ft

    710 Sequoia Dr, Bakersfield, CA 93308

    Three unit multi-family property for sale in North Bakersfield. Three separated units, each with private yards. Two of the three units have been remodeled. Front unit is 2 bedrooms, 1 bathroom. Back units are 1 bedroom, 1 bathroom.

    Mark Clemmer Clemmer and Company Real Estat

    710 Sequoia Dr, Bakersfield, CA 93308
  • /2

    $450,000

    • 2,624 Sq Ft

    517 Lincoln Ave, Bakersfield, CA 93308

    Great Investment Opportunity to add to your portfolio. Townhomes are 2 bedrooms 1 bath on separate meters and are currently being rented for $1200 per month. Property to be delivered with Tenants in place. Drive by, Subject to interior inspection. Do NOT Disturb TENANTS. Seller currently holds an active California real estate license. For More Information call 661-301-1863.

    Priscilla Marron Miramar International Calloway

    517 Lincoln Ave, Bakersfield, CA 93308
  • /2

    $219,000

    • 1,344 Sq Ft

    324 Lincoln Ave, Bakersfield, CA 93308

    Investment opportunity to expand your rental portfolio. These units are located in the Oildale community. This property is a two story duplex. Each unit is 1 bedroom, 1 bath. Uncovered parking.

    Michael Freedman American Real Estate

    324 Lincoln Ave, Bakersfield, CA 93308
  • /2

    $450,000

    • 2,324 Sq Ft

    505 Washington Ave, Bakersfield, CA 93308

    Opportunity for a triplex in Oildale. Each unit is 2 bedrooms, 1 bath. Close to local amenities - shopping, school, and area park.

    Michael Freedman American Real Estate

    505 Washington Ave, Bakersfield, CA 93308
  • /2

    $264,979

    • 1,184 Sq Ft

    713 Decatur St, Bakersfield, CA 93308

    Two homes in lot! Front property is a 1 bedroom 1 bath and the back unit is a 2 bedroom 1 bath. Front unit had updated flooring and remodeled bathroom added in about a year ago. Both units have mini splits so the occupants are always comfortable. Back unit has parking access through the alley, so both units have their own private space. Upside rental potential for sure.

    Jacob & Valerie Marquez Marquez Real Estate Team

    713 Decatur St, Bakersfield, CA 93308
  • /2

    $512,500

    • 2,226 Sq Ft

    2810 N Chester Ave, Bakersfield, CA 93308

    Opportunity for triplex in North Bakersfield. Each unit is 2 bedroom, 1 bath. Close to area shopping center and park and local schools.

    Michael Freedman American Real Estate

    2810 N Chester Ave, Bakersfield, CA 93308
  • /2

    $512,500

    • 2,916 Sq Ft

    2800 N Chester Ave, Bakersfield, CA 93308

    Opportunity for triplex in North Bakersfield. Each unit is 2 bedroom, 1.75 bath with laundry hook ups and a den area. Close to area shopping center and park and local schools.

    Michael Freedman American Real Estate

    2800 N Chester Ave, Bakersfield, CA 93308
  • /2

    $512,500

    • 2,916 Sq Ft

    2716 N Chester Ave, Bakersfield, CA 93308

    Opportunity for triplex in North Bakersfield. Each unit is 2 bedroom, 1.75 bath with laundry hook ups and a den area. Close to area shopping center and park and local schools.

    Michael Freedman American Real Estate

    2716 N Chester Ave, Bakersfield, CA 93308

Why Live in Olive Drive Area

Olive Drive Area is an unincorporated suburb located 5 miles northwest of downtown Bakersfield. Originally developed by agricultural workers, the neighborhood has seen an influx of logistics workers due to its proximity to major freeways and farms. Despite lacking city services, the Kern County Fire Department provides quick emergency response, and residents benefit from lower taxes and fewer regulations. Homes in Olive Drive Area rely on septic systems rather than city water. Housing styles vary, with smaller ranch-style homes and larger Craftsman builds, as well as luxury Mediterranean-influenced homes in gated communities like Palm Tree Circle and Iron Oak Estates. The neighborhood features private driveways, attached garages, and spacious lots, many with pools or large backyards. Educational options include Olive Drive Elementary, Norris Middle School, and highly-rated Centennial High School, known for its Career Technical Education program. Local amenities include Fruitvale Norris Park, which offers baseball and softball diamonds, tennis and basketball courts, and playgrounds. Dining options are concentrated near Highway 99, with popular spots like Milt’s Diner and Mr. Avocado’s Mexican Asada Grill. Residents can shop at Albertsons or the nearby RiverLakes Galleria. Golf enthusiasts frequent The Links at Riverlakes Ranch, a public course located 2 miles southwest. While the area experiences low air quality and extreme summer heat, its location provides easy access to downtown Bakersfield, Los Angeles, and the Bakersfield Meadows Field Airport.

Home Trends in Olive Drive Area, CA

Housing Trends

Median Sale Price
$450,000
Median Single Family Sale Price
$465,000
Median Townhouse Sale Price
$385,000
Median 2 Bedroom Sale Price
$220,500
Average Price Per Sq Ft
$242
Number of Homes for Sale
19
Last 12 months Home Sales
104
Months of Supply
2.20
Median List Price
$462,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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