$490,000
SOLD MAR 20, 2026

338 Norris Rd Bakersfield, CA 93308

North Country Meadows Neighborhood
-- Bed
-- Bath
2,388 Sq Ft
0.38 Acres Lot

Sale Details

Date Sold: March 20, 2026

$205 Per Sq Ft

7% Below List Price

20 Days on Market

Highlights

  • 0.38 Acre Lot
  • 1-Story Property
  • 3-minute walk to Sears Park

About This Home

As of March 2026

Rare opportunity to acquire a mixed-use income property generating $4,750/month at a strong price point of just $525,000. The offering includes 3 residential units and 1 commercial unit on a large lot, with two of the residential units recently renovated for improved rent stability and reduced maintenance. Ideal location near Sears Park, Mobil, Family Dollar, Covenant Coffee and more. Solid cash flow from day one with upside potential in both rents and value. A turnkey addition to any investor's portfolio.For updated listing pictures:

Last Agent to Sell the Property

Sanjeev Advani

Sanjeev Advani, Broker License #01869863 Listed on: 12/09/2025

Last Buyer's Agent

Sanjeev Advani

Sanjeev Advani, Broker License #01869863 Listed on: 12/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 16,552 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,388 Sq Ft Home
  • 1-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11225311

Community Details

Overview

  • 4 Units
  • Glass City Subdivision

Building Details

  • Gross Income $57,000
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0.38 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1921
  • Building Stories: 1
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.3800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2388.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: C2
  • Lot Size Sq Ft: 16552.00
  • Parcel #: 11225311

Multi Family

  • Total Annual Expense: 11400.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 57000.00
  • Property Net Operating Income: 45600.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2025
Closed on
Feb 26, 2026
Sold by
Almaguer Santiago
Bought by
Rosales Javier
Seller's Agent
Sanjeev Advani
Sanjeev Advani, Broker
Buyer's Agent
Sanjeev Advani
Sanjeev Advani, Broker
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.16%
Original Mortgage
$367,500
Outstanding Balance
$367,500
Interest Rate
6.06%
Mortgage Type
Construction
Estimated Equity
$144,485

Purchase Details

Closed on
Sep 2, 2021
Sold by
Mccormick Shirley J and Mccormick Shirley J
Bought by
Almaguer Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2003
Sold by
Mccormick Steven Louis and Mccormick Steven L
Bought by
Mccormick Steven Louis

Purchase Details

Closed on
Jan 15, 1994
Sold by
Mccormick Shirley J
Bought by
Mccormick Shirley J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $490,000 Chicago Title Company
Grant Deed $250,000 Stewart Title Company
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 Construction
Previous Owner $140,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 Sold $490,000 -6.7% $205 / Sq Ft
12/29/2025 12/29/25 Pending -- -- --
12/09/2025 12/09/25 For Sale $525,000 -- $220 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $5,559 $265,301 $53,060 $212,241
2024 $5,356 $260,100 $52,020 $208,080
2023 $5,356 $255,000 $51,000 $204,000
2022 $5,065 $250,000 $50,000 $200,000
2021 $2,359 $46,913 $31,370 $15,543
2020 $2,199 $46,433 $31,049 $15,384
2019 $2,170 $46,433 $31,049 $15,384
2018 $2,081 $44,633 $29,845 $14,788
2017 $2,040 $43,759 $29,260 $14,499
2016 $1,961 $42,902 $28,687 $14,215
2015 $1,943 $42,259 $28,257 $14,002
2014 $1,910 $41,432 $27,704 $13,728
Source: Public Records

Agents Affiliated with this Home

  • Sanjeev Advani

    Seller's Agent in 2026

    Sanjeev Advani

    Sanjeev Advani, Broker

    (661) 770-7382

    3 in this area

    34 Total Sales

    Sanjeev Advani
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202513405

Bakersfield Association of REALTORS® / GEMLS

APN: 112-253-11-00-2

California Kern County Bakersfield 93308 North Country Meadows

338 Norris Rd, Bakersfield, CA

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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