314 Monterey St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated payment $1,879/month
About This Home
Calling ALL investors. CAP Rate through the ROOF. 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 large 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. Investor: Pro Forma Rents are approx $1750 front unit and $1000 back unit.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Home Design
- Duplex
Parking
- 2 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 $33,000
- Net Operating Income $29,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,137 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2026 06/27/26 | Price Changed | $314,900 | -3.1% | -- | |
| 06/24/2026 06/24/26 | For Sale | $324,900 | -9.8% | -- | |
| 04/19/2026 04/19/26 | Price Changed | $360,000 | -2.4% | -- | |
| 04/09/2026 04/09/26 | Price Changed | $368,900 | 0.0% | -- | |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $230,000 | Priority Title | |
| Grant Deed | $86,500 | Chicago Title Company | |
| Grant Deed | $49,000 | First American Title Company | |
| Grant Deed | $25,500 | Chicago Title Company | |
| Trustee Deed | $38,250 | None Available | |
| Grant Deed | $62,000 | Fidelity Title | |
| Deed In Lieu Of Foreclosure | $56,000 | Commonwealth Title | |
| Grant Deed | $56,000 | Fidelity National Title | |
| Deed In Lieu Of Foreclosure | -- | Fidelity National Title | |
| Trustee Deed | $40,546 | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | Negative Amortization | |
| Previous Owner | $47,000 | No Value Available | |
| Previous Owner | $49,000 | Unknown |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202606854
APN: 014-060-17-00-9
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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