1

Venola Multifamily Home for Sale

Section Image
  • /2

    $825,000

    • 4,459 Sq Ft

    Unlisted Address

    Rare opportunity to own a well maintained, Southwest Fourplex. Rents below market.The cap rate is computed based on List price. Just across from Costco. Close to shopping, restaurants, and many other conveniences. Award winning School District. Easy accessto Hwy-99.

    Vikram Reddy Coldwell Banker Preferred,RLT

    Unlisted Address

Why Live in Venola

Venola, a suburban neighborhood located 7 miles southwest of downtown Bakersfield, offers a quieter and slower-paced lifestyle compared to the rest of the city. The area is bordered by Highway 99, providing quick access for commuters to downtown Bakersfield and Meadows Field Airport, 12 miles north. The neighborhood features a mix of home styles, including single-family ranch-style and tri-level houses from the 1980s and early 90s, multi-unit fourplexes, condos, and manufactured homes. Most homes are Mediterranean-influenced builds with private driveways and multicar garages, often adorned with basketball hoops and American flags. The streets are lined with well-lit sidewalks shaded by large California Oaks and palm trees. Venola has a high homeownership rate, fostering a close-knit community atmosphere. Local dining options include the District Café, known for its weekend brunch and mimosa towers, Camino Real Kitchen & Tequila with its specialty margaritas and taco platters, and the family-owned K Pocha & Restaurant offering Korean cuisine. Grocery shopping is convenient with Albertsons, Costco, and Walmart along Panama Lane. For recreation, residents visit Grissom Park for picnics and sports, and Challenger Park for its covered play areas and climbing walls. Fitness enthusiasts can work out at In-Shape Family Fitness or practice golf at The Ultimate Drive. While Venola experiences extreme summer heat and poor air quality due to Bakersfield’s agriculture and oil industries, it remains a desirable area with its low crime risk compared to the national average. The neighborhood is well-served by Golden Empire Transit bus stops, enhancing local transportation options.

Home Trends in Venola, CA

Housing Trends

Median Sale Price
$279,000
Median Single Family Sale Price
$348,990
Median 1 Bedroom Sale Price
$233,000
Average Price Per Sq Ft
$274
Number of Homes for Sale
18
Last 12 months Home Sales
25
Months of Supply
8.60
Median List Price
$345,990
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
16%
How to Buy a Home How to Finance a Home How to Sell a Home