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319 Holtby Rd, Bakersfield, CA, 93304

--beds
--baths
4,866sqft
$1,999,999
$411price/sqft
$13,410/moest. monthly cost
$536,400/yrincome needed

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!

Getting Around

62
WalkingSomewhat Walkable
38
TransitSome Transit
59
BikeBikeable

Schools

4/10
2/10
Emerson Middle SchoolGrades 6-80.9 mi
5/10
Bakersfield High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Interior Area

  • Total structure area: 4,866
  • Total interior livable area: 4,866 sqft

Property

Details

  • Parcel number: 00818213

Features

  • Levels: One

Lot

  • Lot size: 0.60 Acres

Parking

  • Total spaces: 8
  • Parking features: Garage,Carport
  • Has garage: Yes
  • Attached garage spaces: 4
  • Carport: Yes