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514 Bates Ave, Bakersfield, CA, 93307

--beds
--baths
1,566sqft
$330,000
$211price/sqft
$2,420/moest. monthly cost
$96,800/yrincome needed

About This Home

This exceptional property features two identical, separate units on a spacious lot, offering an excellent investment opportunity. Located at the back, the property provides ample parking and potential for future expansion. Each unit includes 2 bedrooms, 1 bathroom, stove, refrigerator indoor laundry hookups, & front yard and back patios, ensuring comfort & practicality. Both units are currently tenant-occupied with a solid rental history. Unit B was updated 8/2023. Unit A recently updated with fresh paint, a new water heater, & a toilet. Each unit is equipped with a mini split system for heating & cooling, along with new security screens on the front doors. The property also includes a well-maintained lawn, a fenced play area, and attractive planters. Ideally located near schools and shopping, this turn-key home is perfect as an income-generating asset or for personal use. Don't miss your chance and offer is subject to an interior viewing. *photos were taken prior to tenant occupancy.

Getting Around

46
WalkingCar-Dependent
36
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

2/10
3/10
Sierra Middle SchoolGrades 6-81.4 mi
3/10
Mira Monte High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1981

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Interior Area

  • Total structure area: 1,566
  • Total interior livable area: 1,566 sqft

Property

Details

  • Parcel number: 14010105
  • Attached to another structure: Yes

Features

  • Levels: One

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Kern County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$110$1,320
Property Taxes $244$2,928
Electricity $398$4,786
Total$2,420$29,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,971/yr
40% on housing$72,600/yr
45% on housing$64,533/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 93307$195
Kern County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 93307$236
Kern County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-03Listed for sale$330,000

For Sale by Agent

AgentValerie M. Moses
BrokerageRE/MAX Golden Empire

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