Erica Ruelas
Elevate Realty
(661) 387-3710
74 Total Sales
1 in Oleander-Sunset
$367,000 Price
615 Olive St Bakersfield, CA 93304
Oleander-Sunset Neighborhood
--
Beds
--
Baths
2,078
Sq Ft
7,405
Sq Ft Lot
About This Home
As of August 2026Three units on the lot, and all are leased! 615 Olive Street is a corner lot featuring a duplex plus a standalone 2-bedroom home. 100% occupied and generating $3,640/month in current rents. All units are 2BD/1BA with their own private areas and solid, paying tenants already in place. The main house has been remodeled, updated, re-plumbed, and had a new AC installed, all within the last 10 years! Newer windows throughout and central air/heating in well-maintained condition. Situated in the historic Oleander neighborhood, just minutes from downtown Bakersfield. Ready to perform from day one!
Last Agent to Sell the Property
Keller Williams Realty License #00966411 Listed on: 06/03/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Interior Spaces
- 2,078 Sq Ft Home
- 1-Story Property
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 7,405 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00738109
Community Details
Overview
- 3 Units
- Santa Fe Addition #1 Subdivision
Building Details
- Gross Income $43,680
- Net Operating Income $24,988
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oleander-Sunset, CA
-
Erica Ruelas
-
Sam Reyna
Sam Reyna
Cal Pro Real Estate
(661) 370-2769
130 Total Sales
9 in Oleander-Sunset
$160K - $260K Price Range
-
Justin Yim
Justin Yim
Uhler Mortgage Solutions Inc.
(747) 293-4589
99 Total Sales
2 in Oleander-Sunset
$200K - $310K Price Range
-
Fred Sanchez
Fred Sanchez
Century 21 Select Real Estate
(661) 371-7224
48 Total Sales
1 in Oleander-Sunset
$290,000 Price
-
Tanya & Jonathan Guerrero
Tanya & Jonathan Guerrero
Responds QuicklyWatson Realty
(661) 404-7443
60 Total Sales
1 in Oleander-Sunset
$277,900 Price
-
George Hernandez
George Hernandez
Ascend Real Estate and Propert
(661) 451-5743
118 Total Sales
2 in Oleander-Sunset
$305K - $385K Price Range
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
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 |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | Sold | $435,000 | +1.2% | $209 / Sq Ft |
| 06/09/2026 06/09/26 | Pending | -- | -- | -- |
| 06/03/2026 06/03/26 | For Sale | $430,000 | -- | $207 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
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 |
|---|---|---|---|---|
| 2026 | $2,993 | $94,381 | $26,381 | $68,000 |
| 2025 | $2,921 | $92,531 | $25,864 | $66,667 |
| 2024 | $2,838 | $90,718 | $25,358 | $65,360 |
| 2023 | $2,838 | $88,940 | $24,861 | $64,079 |
| 2022 | $2,727 | $87,197 | $24,374 | $62,823 |
| 2021 | $2,457 | $85,489 | $23,897 | $61,592 |
| 2020 | $2,359 | $84,613 | $23,652 | $60,961 |
| 2019 | $2,315 | $84,613 | $23,652 | $60,961 |
| 2018 | $2,272 | $81,329 | $22,735 | $58,594 |
| 2017 | $2,249 | $79,735 | $22,289 | $57,446 |
| 2016 | $2,140 | $78,173 | $21,853 | $56,320 |
| 2015 | $2,112 | $76,999 | $21,525 | $55,474 |
| 2014 | $2,048 | $75,492 | $21,104 | $54,388 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Jordan
Seller's Agent in 2026
Philip Jordan
Keller Williams Realty
(805) 453-8353
16 in this area
131 Total Sales
-
Liana Frayne
LF
Buyer's Agent in 2026
Liana Frayne
Fenton Real Estate
(661) 205-5475
1 in this area
12 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202605945
APN: 007-381-09
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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