$369,000

Estimated payment $2,162/month

Total Views 1,962
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to 314 Monterey St in NE Bakersfield, a beautifully upgraded property featuring a front home (1350 sf) plus a fully equipped studio ADU (515 sf), perfect for multi-generational living or rental income. The front unit offers 2 bedrooms, 1 bathroom, indoor utility, and a spacious living room, while the rear studio ADU features its own living area, bedroom, kitchenette, bathroom, and private indoor utility for washer and dryer. Both units have been fully remodeled with modern finishes, black fixtures, and white dolomite countertops throughout. Each unit has separate access and dedicated parking, providing excellent privacy and flexibility. The property is connected to one electrical meter with a brand-new solar system designed to offset 100% of the electrical usage, making it extremely beneficial for dual occupancy and long-term savings.

Listing Agent

Ian Mellon

Keller Williams Realty License #01921587 Listed on: 03/13/2026

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Home Design

  • Duplex

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • Bakersfield High School

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 01406017

Community Details

Overview

  • 2 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1981
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1700
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01406017

Multi Family

  • Total Annual Expense: 5000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 36000.00
  • Property Net Operating Income: 31000.00

MLS Schools

  • Elementary School: Longfellow

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,095 $100,384 $34,815 $65,569
2024 $2,046 $98,417 $34,133 $64,284
2023 $2,046 $96,488 $33,464 $63,024
2022 $1,981 $94,597 $32,808 $61,789
2021 $1,855 $92,743 $32,165 $60,578
2020 $1,810 $91,793 $31,836 $59,957
2019 $1,773 $91,793 $31,836 $59,957
2018 $1,733 $88,230 $30,600 $57,630
2017 $1,379 $51,989 $15,915 $36,074
2016 $1,307 $50,970 $15,603 $35,367
2015 $1,291 $50,205 $15,369 $34,836
2014 $1,251 $49,222 $15,068 $34,154
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2026 03/27/26 Price Changed $369,000 -2.9% --
03/13/2026 03/13/26 For Sale $379,900 +65.2% --
11/20/2025 11/20/25 Sold $230,000 -11.2% $172 / Sq Ft View Prior Sale
11/07/2025 11/07/25 Pending -- -- --
08/27/2025 08/27/25 Price Changed $259,000 -10.4% $193 / Sq Ft
08/12/2025 08/12/25 For Sale $289,000 +234.1% $216 / Sq Ft
05/15/2017 05/15/17 Sold $86,500 -3.4% $87 / Sq Ft View Prior Sale
04/15/2017 04/15/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $89,499 +82.7% $90 / Sq Ft
10/15/2012 10/15/12 Sold $49,000 +4.3% $49 / Sq Ft View Prior Sale
09/26/2012 09/26/12 For Sale $47,000 -- $47 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $230,000 Priority Title
Trustee Deed $38,250 None Available
Source: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202602718

Bakersfield Association of REALTORS® / GEMLS

APN: 014-060-17-00-9

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