319 Holtby Rd Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated payment $12,067/month
Highlights
- 0.6 Acre Lot
- 1-Story Property
- 4-minute walk to Beale Park
- Evaporated cooling system
About This Home
Excellent multi-family investment opportunity in the heart of Bakersfield's historic Oleander Tract! Situated on a massive 0.6-acre lot (26,136 sq ft), this unique residential income property features 8 character-rich buildings combining for a total of 7 units and 4,866 sq ft of living space.Built in 1930, the property contains the saught after oleander charm and immense value-add potential for savvy investors looking to maximize rental income or execute a classic restoration project. The sprawling lot provides rare, expansive spacing between units, ample open parking, and plenty of outdoor space for tenants.Conveniently located with easy access to local schools (Roosevelt Elementary, Emerson Jr. High, and Bakersfield High School), shopping, dining, and transit. Property to be sold as-is. Offers are to be made subject to interior inspection please do not disturb the tenants. Don't miss out on adding this high-potential multi-family portfolio piece to your investment strategy!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Interior Spaces
- 4,866 Sq Ft Home
- 1-Story Property
Parking
- 4 Car Garage
- Carport
Schools
- Roosevelt Bak Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 26,136 Sq Ft Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 00818213
Community Details
Overview
- 7 Units
- Chester Tract Subdivision
Building Details
- Gross Income $103,200
- Net Operating Income $61,920
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 | $15,924 | $1,167,326 | $166,608 | $1,000,718 |
| 2024 | $15,731 | $1,144,439 | $163,342 | $981,097 |
| 2023 | $15,406 | $1,122,000 | $160,140 | $961,860 |
| 2022 | $9,699 | $644,130 | $146,880 | $497,250 |
| 2021 | $9,284 | $631,500 | $144,000 | $487,500 |
| 2020 | $7,835 | $516,496 | $87,913 | $428,583 |
| 2019 | $7,708 | $516,496 | $87,913 | $428,583 |
| 2018 | $7,554 | $496,442 | $84,500 | $411,942 |
| 2017 | $7,534 | $486,709 | $82,844 | $403,865 |
| 2016 | $6,930 | $477,167 | $81,220 | $395,947 |
| 2015 | $6,897 | $470,000 | $80,000 | $390,000 |
| 2014 | $4,109 | $229,600 | $41,318 | $188,282 |
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 |
|---|---|---|---|---|---|
| 07/01/2026 07/01/26 | Price Changed | $1,999,999 | +60.0% | $411 / Sq Ft | |
| 05/20/2026 05/20/26 | For Sale | $1,250,000 | +13.6% | $257 / Sq Ft | |
| 02/17/2022 02/17/22 | Sold | $1,100,000 | -2.2% | $226 / Sq Ft | View Prior Sale |
| 01/18/2022 01/18/22 | Pending | -- | -- | -- | |
| 10/26/2021 10/26/21 | For Sale | $1,125,000 | +78.1% | $231 / Sq Ft | |
| 10/07/2020 10/07/20 | Sold | $631,500 | +2.0% | $130 / Sq Ft | View Prior Sale |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- | |
| 07/28/2020 07/28/20 | For Sale | $619,000 | +31.7% | $127 / Sq Ft | |
| 10/31/2014 10/31/14 | Sold | $470,000 | -1.1% | $97 / Sq Ft | View Prior Sale |
| 10/01/2014 10/01/14 | Pending | -- | -- | -- | |
| 01/31/2014 01/31/14 | For Sale | $475,000 | -- | $98 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202605510
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.
- 227 Oleander Ave
- 1901 Buena Vista St Unit C
- 1901 Buena Vista St Unit A
- 625 A St Unit A
- 1814 3rd St
- 1802 Cherry St Unit 3
- 211 H St Unit 211 H st
- 1804 Forrest St Unit 1806
- 2300 Brundage Ln
- 801 Chester Ave Unit B
- 2912 Sunset Ave Unit 2916
- 124 Chester Ave Unit A
- 1316 H St Unit D
- 1015 L St
- 1018 Chester Place
- 1107 L St Unit A
- 715 Houchin Rd
- 1400 Maitland Dr
- 12525 Camino Glorieta
- 12541 Camino Glorieta
Ask me questions while you tour the home.